514 Albrough Blvd · Colonial Beach, VA 22443

$249,900

3 bd · 2.0 ba · 1,274 sqft · SingleFamily public records · 66 Days on market

Built 1990 0.26 ac lot $196/sqft · 18% below area Est $306k · 18% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.8/30.0
• ARV discount +15.0/15.0
• DSCR +6.6/10.0
• 1% rule +4.5/10.0
• Schools +4.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Imagine mornings on the front porch before the neighborhood stirs, coffee in hand, water just down the road, and nowhere you'd rather be. That's the quiet pull of life at 514 Albrough Blvd in Placid Bay Estates. This 3-bed, 2-bath home on a quarter-acre lot is designed for the way people actually live. The primary suite is tucked away with its own full bath a true retreat. Two additional bedrooms flex for guests, kids, or a home office. A rear porch extends your living space outside. And a backyard large enough to breathe in has room for a rear driveway addition a low-cost upgrade that adds convenience, curb appeal, and immediate rental value. The neighborhood is the differentiator. Placid Bay Estates residents enjoy access to community boat ramps, a T-dock, and a community house. The kind of amenities that attract premium tenants in a waterfront community. With Colonial Beach minutes away and NSF Dahlgren just down the road, demand here doesn't need to be manufactured. It's built in. Whether you're buying your first home or adding a performing asset to your portfolio, this property checks the boxes that matter: location, lifestyle, and upside. The numbers work. The life is real. Let's get you inside.

Key facts

• 0.26 acre lot
• Built 1990
• Listed 66 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $342 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (5.1% below list).
• Recommended offer: $235k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.4% in Colonial Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 59/100 on livability (#460 in VA) — a working-class tenant base; expect higher turnover. Strengths: schools B, crime B, cost of living B; Watch: amenities F, commute F, health & safety F.
• Westmoreland County Public School District (rural): math 34% / reading 59% proficiency, ranked #105 of 131 in VA (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 197 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 220 units permitted in Westmoreland County in 2024 (0 in 5+ unit buildings).
• This rent runs 44% of the median local income ($65k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Westmoreland County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($235k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 26y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $74k; list at $250k implies a 240% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $234,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 7.94%
• Cash-on-cash: 5.87%
• DSCR: 1.26
• GRM: 8.8

CMA / ARV

• ARV (median comp): $306,243
• List price: $249,900
• Delta: -18.40%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
261 Azure Dr	0.35mi	3/2.0	1,288 (+1%)	1mo	$311,000	$241	81
228 Dale Dr	0.25mi	3/2.0	1,334 (+5%)	1mo	$335,000	$251	80
339 Azure Dr	0.37mi	3/2.0	1,288 (+1%)	3mo	$310,000	$241	78
218 Shorewood Dr	0.34mi	3/2.0	1,224 (-4%)	2mo	$290,000	$237	76
84 Pinewood Ln	0.44mi	3/2.0	1,300 (+2%)	1mo	$324,900	$250	75
236 Forest Grove Rd	0.37mi	3/2.0	1,224 (-4%)	3mo	$314,900	$257	74
344 Ferry Lndg	0.47mi	3/2.0	1,305 (+2%)	2mo	$332,565	$255	73
85 Wildwood Rd	0.44mi	3/2.0	1,224 (-4%)	2mo	$309,900	$253	72
249 Wildwood Rd	0.57mi	3/2.0	1,296 (+2%)	1mo	$359,000	$277	70
184 Poplar Ln	0.30mi	3/2.0	1,408 (+10%)	3mo	$314,000	$223	66
204 Woodmount Dr	0.44mi	3/2.5	1,416 (+11%)	3mo	$365,900	$258	56
633 Shorewood Dr	0.73mi	3/2.0	1,420 (+12%)	2mo	$367,000	$258	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -7.3%
• Equity multiple: 0.73×
• Total profit: $-18,777
• Equity at exit: $37,261

10-year hold

• IRR: 2.3%
• Equity multiple: 1.16×
• Total profit: $11,380
• Equity at exit: $21,607

Cash invested: $69,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State Virginia: 55 Moderately Landlord-Leaning · D+2
• County: — inherits STATE
• City: — inherits STATE

VRLTA gives some tenant protections; Northern Virginia courts slower; rural VA landlord-leaning.

Methodology + full state rankings →

ZIP-level market 22443

• Active inventory: 197
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,371 medium
• Mortgage (P&I): −$1,311
• Tax from tax record: −$116 /mo · $1,394/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$498
• Net cashflow: $342

Break-even live

Break-even rent $1,938

Max offer price $249,900

Occupancy floor 81%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,475
• Closing costs: $7,497
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
236 Meadow View Ln Colonial Beach, VA	3.0	2.5	1600	$2,100	$1.31	14d	1	0.34mi
47 Birch Ln Colonial Beach, VA	3.0	2.0	1300	$2,545	$1.96	14d	1	0.43mi
314 Lake Dr Colonial Beach, VA	4.0	2.0	1850	$2,350	$1.27	14d	1	0.56mi
14 Azalea Way Colonial Beach, VA	3.0	2.0	1311	$2,250	$1.72	43d	1	0.91mi

Listing history 11 events

1. 2026-06-18
   pricestatus $249,900 Active 66 DOM
2. 2026-05-18
   historical Active Under Contract 1220-char remark

   Show marketing remark (1220 chars)

   Imagine mornings on the front porch before the neighborhood stirs, coffee in hand, water just down the road, and nowhere you'd rather be. That's the quiet pull of life at 514 Albrough Blvd in Placid Bay Estates. This 3-bed, 2-bath home on a quarter-acre lot is designed for the way people actually live. The primary suite is tucked away with its own full bath a true retreat. Two additional bedrooms flex for guests, kids, or a home office. A rear porch extends your living space outside. And a backyard large enough to breathe in has room for a rear driveway addition a low-cost upgrade that adds convenience, curb appeal, and immediate rental value. The neighborhood is the differentiator. Placid Bay Estates residents enjoy access to community boat ramps, a T-dock, and a community house. The kind of amenities that attract premium tenants in a waterfront community. With Colonial Beach minutes away and NSF Dahlgren just down the road, demand here doesn't need to be manufactured. It's built in. Whether you're buying your first home or adding a performing asset to your portfolio, this property checks the boxes that matter: location, lifestyle, and upside. The numbers work. The life is real. Let's get you inside.

3. 2026-04-02
   price $255,000 1220-char remark

   Show marketing remark (1220 chars)

   Imagine mornings on the front porch before the neighborhood stirs, coffee in hand, water just down the road, and nowhere you'd rather be. That's the quiet pull of life at 514 Albrough Blvd in Placid Bay Estates. This 3-bed, 2-bath home on a quarter-acre lot is designed for the way people actually live. The primary suite is tucked away with its own full bath a true retreat. Two additional bedrooms flex for guests, kids, or a home office. A rear porch extends your living space outside. And a backyard large enough to breathe in has room for a rear driveway addition a low-cost upgrade that adds convenience, curb appeal, and immediate rental value. The neighborhood is the differentiator. Placid Bay Estates residents enjoy access to community boat ramps, a T-dock, and a community house. The kind of amenities that attract premium tenants in a waterfront community. With Colonial Beach minutes away and NSF Dahlgren just down the road, demand here doesn't need to be manufactured. It's built in. Whether you're buying your first home or adding a performing asset to your portfolio, this property checks the boxes that matter: location, lifestyle, and upside. The numbers work. The life is real. Let's get you inside.

4. 2026-03-14
   listed $265,000 Active 1220-char remark

   Show marketing remark (1220 chars)

   Imagine mornings on the front porch before the neighborhood stirs, coffee in hand, water just down the road, and nowhere you'd rather be. That's the quiet pull of life at 514 Albrough Blvd in Placid Bay Estates. This 3-bed, 2-bath home on a quarter-acre lot is designed for the way people actually live. The primary suite is tucked away with its own full bath a true retreat. Two additional bedrooms flex for guests, kids, or a home office. A rear porch extends your living space outside. And a backyard large enough to breathe in has room for a rear driveway addition a low-cost upgrade that adds convenience, curb appeal, and immediate rental value. The neighborhood is the differentiator. Placid Bay Estates residents enjoy access to community boat ramps, a T-dock, and a community house. The kind of amenities that attract premium tenants in a waterfront community. With Colonial Beach minutes away and NSF Dahlgren just down the road, demand here doesn't need to be manufactured. It's built in. Whether you're buying your first home or adding a performing asset to your portfolio, this property checks the boxes that matter: location, lifestyle, and upside. The numbers work. The life is real. Let's get you inside.

5. 2026-03-02
   historical $265,000 1220-char remark

   Show marketing remark (1220 chars)

   Imagine mornings on the front porch before the neighborhood stirs, coffee in hand, water just down the road, and nowhere you'd rather be. That's the quiet pull of life at 514 Albrough Blvd in Placid Bay Estates. This 3-bed, 2-bath home on a quarter-acre lot is designed for the way people actually live. The primary suite is tucked away with its own full bath a true retreat. Two additional bedrooms flex for guests, kids, or a home office. A rear porch extends your living space outside. And a backyard large enough to breathe in has room for a rear driveway addition a low-cost upgrade that adds convenience, curb appeal, and immediate rental value. The neighborhood is the differentiator. Placid Bay Estates residents enjoy access to community boat ramps, a T-dock, and a community house. The kind of amenities that attract premium tenants in a waterfront community. With Colonial Beach minutes away and NSF Dahlgren just down the road, demand here doesn't need to be manufactured. It's built in. Whether you're buying your first home or adding a performing asset to your portfolio, this property checks the boxes that matter: location, lifestyle, and upside. The numbers work. The life is real. Let's get you inside.

6. 2003-08-06
   historical
7. 2003-06-05
   listed
8. 2000-10-30
   soldstatus $73,500
9. 2000-10-27
   soldstatus $73,500
10. 2000-09-14
    historical
11. 2000-09-09
    listed $74,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VA · Resets to sale price

• Current annual tax: $1,394 · $116/mo
• Projected year-2 tax: $2,049 · $171/mo
• Expected delta: +$655/yr (+$55/mo · 47.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,452
• − Mortgage interest: −$13,998
• − Property taxes: −$1,394
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,276
• − Management: −$2,276
• − Depreciation: −$7,270
• Taxable loss: −$12
• Est. tax savings @ 24.0%: +$3
• After-tax cash flow: $4,111/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Westmoreland County Public School District
• NCES district ID: 5103980
• Math proficiency: 34% ▼ -47.00%
• Reading proficiency: 59% ▼ -11.00%
• Median HH income: $51,665
• Composite: 39.94/100
• National rank: #3845
• State rank: #105 of 131 in VA

Livability — Colonial Beach

• Score: 59/100
• State rank: #460
• US rank: #19615

Category grades

Amenities F Commute F Cost of living B Crime B Employment C Housing C+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Westmoreland County · 10,011 people
• City population: 10,011
• Metro: nan
• Population (ZIP): 10,011
• Household income: $64,810
• Rent vs Own: 20.9% rent · 79.1% own
• Severe rent burden: 126.0

Population outlook (Westmoreland County) Hauer SSP2

• Today (2025): 17,643 people
• By 2030: 17,520 · -0.7%
• By 2040: 17,041 · -3.4%
• By 2050: 16,397 · -7.1%
• By 2075: 15,012 · -14.9%
• By 2100: 12,917 · -26.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 15% Two or more races 7% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Slovak 2% Italian 2% Scotch-Irish 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Westmoreland

• 2024 margin: R (+14.3) · D 42.4% · R 56.7%
• 2008→2024 swing: -24.5pp toward R · 2008: 10.2pp · 2024: -14.3pp
• All cycles: 2024: R+14.3 2020: R+8.2 2016: R+7.3 2012: D+0.5 2008: D+10.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -127.23%
• Current HPI: 152.1518
• Rent YoY: —
• Metro: nan
• State GDP YoY: ▲ 2.40%
• F500 in state: 50

Industry mix (Fortune 500 HQ in VA)

Industry	F500 HQs	Revenue
▸Aerospace / Defense	4	$236B
▸Technology / Defense	3	$32B
▸Financial Services	2	$176B
▸Utilities	2	$27B
▸Insurance	2	$25B
▸Technology	2	$15B

Price history

+240.5% since first listed

10 events — show timeline

• 2026-05-18 Contingent — BRIGHT MLS
• 2026-04-02 Price Changed $255,000 BRIGHT MLS
• 2026-03-14 Listed $265,000 BRIGHT MLS
• 2026-03-02 Coming Soon $265,000 BRIGHT MLS
• 2003-08-06 Delisted — MRIS
• 2003-06-05 Listed — MRIS
• 2000-10-30 Sold (Public Records) $73,500 Public Records
• 2000-10-27 Sold (MLS) $73,500 MRIS
• 2000-09-14 Delisted — MRIS
• 2000-09-09 Listed $74,900 MRIS

Property tax history

+6.3%/yr

Latest (2025): $1,394 · +0.0% YoY. Source: county tax records.