3190 Amidship Dr · Captains Cove, VA
Flood risk 9/10 · Severe
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $666 – $1,236
Heat risk 8/10 · Major
- Hot days now (above 100°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 80.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ 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 +11.8/30.0
- ARV discount +8.7/15.0
- Appreciation +5.6/10.0
- Schools +4.3/10.0
- DSCR +3.5/10.0
- Livability +3.2/5.0
- 1% rule +3.0/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$248,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to this charming coastal retreat in the amenity-rich Captain's Cove Golf & Yacht Club—where comfort, privacy, and lifestyle come together beautifully. Step onto the inviting front porch, the perfect spot for morning coffee, and into a bright, airy interior where vaulted ceilings immediately create a sense of openness. The living room is warm and welcoming, featuring a cozy gas log fireplace and easy flow into the dining area and kitchen, ideal for both everyday living and entertaining. The main living spaces are finished with durable LVP flooring, while the bedrooms offer soft carpet for added comfort. The kitchen is both functional and stylish with stainless steel appliances, ample cabinetry, and a central island that anchors the space. Just beyond, the home truly shines with its multiple indoor-outdoor living areas. A spacious sunroom filled with natural light offers year-round enjoyment, while the expansive screened porch invites you to relax and unwind with peaceful wooded views. Step outside to the large rear deck, perfect for grilling, entertaining, or simply enjoying the private backyard surrounded by nature. The thoughtfully designed layout includes a comfortable primary suite and additional bedrooms tucked away for privacy, along with convenient features like a dedicated laundry area. Outside, you'll also find two storage sheds, providing plenty of room for tools, beach gear, or hobbies. Major updates offer peace of mind, including a new roof (August 2025) and HVAC system replaced approximately 3 years ago. The home is connected to community sewer, adding to its ease of maintenance. Located in the sought-after Captain's Cove community, residents enjoy incredible amenities including indoor and outdoor pools, a golf course, marina, boat ramp, fitness center, tennis courts, playground, and waterfront dining. Plus, you're just a short drive to Chincoteague Island and Assateague Island, where you can explore pristine beaches, see the famous wild ponies, and enjoy boating, fishing, and nature trails. Nearby Wallops Island NASA Flight Facility adds even more appeal with rocket launches and educational experiences. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect blend of coastal charm, modern updates, and unbeatable location.
Key facts
- Coastal retreat
- Front porch
- Gas log fireplace
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $248k.
Deal economics
- At list price, monthly cash flow is $-137 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $224k (9.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (19.6% below list).
- Recommended offer: $199k (19.6% below list) — sets the bar for 1% rule.
- Cap rate 6.0% vs local median 3.5% in Captains Cove — 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 63/100 on livability (#371 in VA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A-, housing A-; Watch: amenities F, commute F, health & safety D-.
- Accomack County Public School District (rural): math 44% / reading 59% proficiency, ranked #99 of 131 in VA (top 76%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Kegotank Elementary (math 26% / reading 51%, grade F, #924 of 1,108 statewide, top 84%, 479 students, 104% FRL); Arcadia Middle (math 35% / reading 54%, grade D, #278 of 342 statewide, top 82%, 482 students, 102% FRL); Arcadia High (math 57% / reading 72%, grade B-, #213 of 319 statewide, top 69%, 713 students, 117% FRL) — zoned schools average 108% FRL vs 63% district-wide (44 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: 309 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 181 units permitted in Accomack County in 2024 (0 in 5+ unit buildings).
Forward outlook
- In year one you build about $5k of equity ($2k loan paydown + $3k appreciation (1.2% local appreciation)).
- Accomack County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $185k; 34% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: severe flood risk; severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.80% ✗
- Cap rate
- 5.95%
- Cash-on-cash
- -1.21%
- DSCR
- 0.95
- GRM
- 10.4
CMA / ARV
- ARV (on-the-fly)
- $254,826
- Comps found
- 9
Show comp detail 9 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3233 Amidship Dr | 0.12mi | 3/2.0 | 1,214 (-6%) | 8mo | $240,000 | $198 | 78 |
| 3215 Amidship Dr | 0.10mi | 3/1.0 | 1,344 (+4%) | 18mo | $224,900 | $167 | 69 |
| 3126 Captains Corridor | 0.24mi | 3/2.0 | 1,160 (-10%) | 8mo | $235,000 | $203 | 66 |
| 3209 Amidship Dr | 0.09mi | 3/2.0 | 1,392 (+8%) | 24mo | $324,000 | $233 | 62 |
| 3429 Captains Corridor | 0.67mi | 3/2.0 | 1,269 (-1%) | 6mo | $235,000 | $185 | 62 |
| 3601 Navigator Dr | 0.55mi | 3/1.5 | 1,170 (-9%) | 6mo | $230,000 | $197 | 52 |
| 3452 Captains Corridor | 0.66mi | 3/2.5 | 1,428 (+11%) | 2mo | $295,000 | $207 | 47 |
| 3288 Navigator Dr | 0.72mi | 2/2.0 (-1) | 1,360 (+6%) | 14mo | $220,000 | $162 | 41 |
| 37157 Reef Ct | 0.72mi | 3/2.0 | 1,436 (+12%) | 8mo | $355,000 | $247 | 40 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
1.24% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -0.3%
- Equity multiple
- 0.98×
- Total profit
- $-1,178
- Equity at exit
- $87,709
- IRR
- 4.4%
- Equity multiple
- 1.55×
- Total profit
- $38,009
- Equity at exit
- $118,949
Cash invested: $69,440 (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
ZIP-level market 23356
- Home prices YoY
- 0.7%
- Active inventory
- 309
- Price-to-rent
- 10.4×
Monthly cashflow live
- Estimated rent
- $1,993 medium interval (Pro) →
- Mortgage (P&I)
- −$1,301
- Tax from tax record
- −$85 /mo · $1,020/yr
- Insurance
- −$103
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$156
- Vacancy / Maint / Mgmt
- −$419
- Net cashflow
- $-137
Break-even live
Sensitivity live
| Price | -10% $4 | -5% $-67 | +0% $-137 | +5% $-207 | +10% $-277 |
|---|---|---|---|---|---|
| Rent | -10% $-294 | -5% $-215 | +0% $-137 | +5% $-58 | +10% $21 |
| Rate | -1.0pp $-12 | -0.5pp $-74 | base $-137 | +0.5pp $-201 | +1.0pp $-266 |
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
- $62,000
- Closing costs
- $7,440
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 38019 Fathom Rd Greenbackville, VA | 3.0 | 2.5 | 1440 | $2,000 | $1.39 | 23d | 1 | 0.14mi |
| 38040 Davey Jones Blvd Greenbackville, VA | 3.0 | 2.0 | 1300 | $2,200 | $1.69 | 15d | 1 | 0.85mi |
| 3928 Captains Corridor Greenbackville, VA | 3.0 | 2.0 | 1312 | $1,700 | $1.30 | 15d | 1 | 1.01mi |
HOA detail
- Monthly dues
- $156 · $1,872/yr
- Likely covers
- watersewergaspoolgym
Listing history 7 events
-
2026-04-26status Pending 2367-char remark
Show marketing remark (2367 chars)
Welcome home to this charming coastal retreat in the amenity-rich Captain's Cove Golf & Yacht Club—where comfort, privacy, and lifestyle come together beautifully. Step onto the inviting front porch, the perfect spot for morning coffee, and into a bright, airy interior where vaulted ceilings immediately create a sense of openness. The living room is warm and welcoming, featuring a cozy gas log fireplace and easy flow into the dining area and kitchen, ideal for both everyday living and entertaining. The main living spaces are finished with durable LVP flooring, while the bedrooms offer soft carpet for added comfort. The kitchen is both functional and stylish with stainless steel appliances, ample cabinetry, and a central island that anchors the space. Just beyond, the home truly shines with its multiple indoor-outdoor living areas. A spacious sunroom filled with natural light offers year-round enjoyment, while the expansive screened porch invites you to relax and unwind with peaceful wooded views. Step outside to the large rear deck, perfect for grilling, entertaining, or simply enjoying the private backyard surrounded by nature. The thoughtfully designed layout includes a comfortable primary suite and additional bedrooms tucked away for privacy, along with convenient features like a dedicated laundry area. Outside, you'll also find two storage sheds, providing plenty of room for tools, beach gear, or hobbies. Major updates offer peace of mind, including a new roof (August 2025) and HVAC system replaced approximately 3 years ago. The home is connected to community sewer, adding to its ease of maintenance. Located in the sought-after Captain's Cove community, residents enjoy incredible amenities including indoor and outdoor pools, a golf course, marina, boat ramp, fitness center, tennis courts, playground, and waterfront dining. Plus, you're just a short drive to Chincoteague Island and Assateague Island, where you can explore pristine beaches, see the famous wild ponies, and enjoy boating, fishing, and nature trails. Nearby Wallops Island NASA Flight Facility adds even more appeal with rocket launches and educational experiences. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect blend of coastal charm, modern updates, and unbeatable location.
-
2026-04-26status Pending
Show marketing remark (2367 chars)
Welcome home to this charming coastal retreat in the amenity-rich Captain's Cove Golf & Yacht Club—where comfort, privacy, and lifestyle come together beautifully. Step onto the inviting front porch, the perfect spot for morning coffee, and into a bright, airy interior where vaulted ceilings immediately create a sense of openness. The living room is warm and welcoming, featuring a cozy gas log fireplace and easy flow into the dining area and kitchen, ideal for both everyday living and entertaining. The main living spaces are finished with durable LVP flooring, while the bedrooms offer soft carpet for added comfort. The kitchen is both functional and stylish with stainless steel appliances, ample cabinetry, and a central island that anchors the space. Just beyond, the home truly shines with its multiple indoor-outdoor living areas. A spacious sunroom filled with natural light offers year-round enjoyment, while the expansive screened porch invites you to relax and unwind with peaceful wooded views. Step outside to the large rear deck, perfect for grilling, entertaining, or simply enjoying the private backyard surrounded by nature. The thoughtfully designed layout includes a comfortable primary suite and additional bedrooms tucked away for privacy, along with convenient features like a dedicated laundry area. Outside, you'll also find two storage sheds, providing plenty of room for tools, beach gear, or hobbies. Major updates offer peace of mind, including a new roof (August 2025) and HVAC system replaced approximately 3 years ago. The home is connected to community sewer, adding to its ease of maintenance. Located in the sought-after Captain's Cove community, residents enjoy incredible amenities including indoor and outdoor pools, a golf course, marina, boat ramp, fitness center, tennis courts, playground, and waterfront dining. Plus, you're just a short drive to Chincoteague Island and Assateague Island, where you can explore pristine beaches, see the famous wild ponies, and enjoy boating, fishing, and nature trails. Nearby Wallops Island NASA Flight Facility adds even more appeal with rocket launches and educational experiences. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect blend of coastal charm, modern updates, and unbeatable location.
-
2026-04-22$248,000 Active 2367-char remark
Show marketing remark (2367 chars)
Welcome home to this charming coastal retreat in the amenity-rich Captain's Cove Golf & Yacht Club—where comfort, privacy, and lifestyle come together beautifully. Step onto the inviting front porch, the perfect spot for morning coffee, and into a bright, airy interior where vaulted ceilings immediately create a sense of openness. The living room is warm and welcoming, featuring a cozy gas log fireplace and easy flow into the dining area and kitchen, ideal for both everyday living and entertaining. The main living spaces are finished with durable LVP flooring, while the bedrooms offer soft carpet for added comfort. The kitchen is both functional and stylish with stainless steel appliances, ample cabinetry, and a central island that anchors the space. Just beyond, the home truly shines with its multiple indoor-outdoor living areas. A spacious sunroom filled with natural light offers year-round enjoyment, while the expansive screened porch invites you to relax and unwind with peaceful wooded views. Step outside to the large rear deck, perfect for grilling, entertaining, or simply enjoying the private backyard surrounded by nature. The thoughtfully designed layout includes a comfortable primary suite and additional bedrooms tucked away for privacy, along with convenient features like a dedicated laundry area. Outside, you'll also find two storage sheds, providing plenty of room for tools, beach gear, or hobbies. Major updates offer peace of mind, including a new roof (August 2025) and HVAC system replaced approximately 3 years ago. The home is connected to community sewer, adding to its ease of maintenance. Located in the sought-after Captain's Cove community, residents enjoy incredible amenities including indoor and outdoor pools, a golf course, marina, boat ramp, fitness center, tennis courts, playground, and waterfront dining. Plus, you're just a short drive to Chincoteague Island and Assateague Island, where you can explore pristine beaches, see the famous wild ponies, and enjoy boating, fishing, and nature trails. Nearby Wallops Island NASA Flight Facility adds even more appeal with rocket launches and educational experiences. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect blend of coastal charm, modern updates, and unbeatable location.
-
2026-04-22$248,000 Active
Show marketing remark (2367 chars)
Welcome home to this charming coastal retreat in the amenity-rich Captain's Cove Golf & Yacht Club—where comfort, privacy, and lifestyle come together beautifully. Step onto the inviting front porch, the perfect spot for morning coffee, and into a bright, airy interior where vaulted ceilings immediately create a sense of openness. The living room is warm and welcoming, featuring a cozy gas log fireplace and easy flow into the dining area and kitchen, ideal for both everyday living and entertaining. The main living spaces are finished with durable LVP flooring, while the bedrooms offer soft carpet for added comfort. The kitchen is both functional and stylish with stainless steel appliances, ample cabinetry, and a central island that anchors the space. Just beyond, the home truly shines with its multiple indoor-outdoor living areas. A spacious sunroom filled with natural light offers year-round enjoyment, while the expansive screened porch invites you to relax and unwind with peaceful wooded views. Step outside to the large rear deck, perfect for grilling, entertaining, or simply enjoying the private backyard surrounded by nature. The thoughtfully designed layout includes a comfortable primary suite and additional bedrooms tucked away for privacy, along with convenient features like a dedicated laundry area. Outside, you'll also find two storage sheds, providing plenty of room for tools, beach gear, or hobbies. Major updates offer peace of mind, including a new roof (August 2025) and HVAC system replaced approximately 3 years ago. The home is connected to community sewer, adding to its ease of maintenance. Located in the sought-after Captain's Cove community, residents enjoy incredible amenities including indoor and outdoor pools, a golf course, marina, boat ramp, fitness center, tennis courts, playground, and waterfront dining. Plus, you're just a short drive to Chincoteague Island and Assateague Island, where you can explore pristine beaches, see the famous wild ponies, and enjoy boating, fishing, and nature trails. Nearby Wallops Island NASA Flight Facility adds even more appeal with rocket launches and educational experiences. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect blend of coastal charm, modern updates, and unbeatable location.
-
2022-06-30soldstatus $185,000 822-char remark
Show marketing remark (822 chars)
Adorable 3 Bdrm/2 Bath Home tucked in a peaceful location in Captain's Cove Golf & Yacht Club! You'll love relaxing in the Living Room w/ Vaulted Pine Ceilings & a cozy Fireplace. Kitchen has Warm Wood Cabinetry & Stainless Appliances - the entire home is cozy & welcoming. Master Bedroom has Private Master Bath, and with 2 add'l Bedroms there's room for the whole family. Screened Porch with Porch Swing is perfect for viewing the abundant wildlife right in your own backyard - yard is partially fenced, so perfect for your furbaby! Large paved Driveway has room for your cars and your Boat. Enjoy all family-friendly Captain's Cove has to offer incl. an Indoor Pool, 2 Outdoor Pools, 24 Hr Security, Golf, Tennis, Marina, Restaurant & Snack Bar, and more! It's time to Live the Shore Life!
-
2022-06-30soldstatus $185,000
Show marketing remark (822 chars)
Adorable 3 Bdrm/2 Bath Home tucked in a peaceful location in Captain's Cove Golf & Yacht Club! You'll love relaxing in the Living Room w/ Vaulted Pine Ceilings & a cozy Fireplace. Kitchen has Warm Wood Cabinetry & Stainless Appliances - the entire home is cozy & welcoming. Master Bedroom has Private Master Bath, and with 2 add'l Bedroms there's room for the whole family. Screened Porch with Porch Swing is perfect for viewing the abundant wildlife right in your own backyard - yard is partially fenced, so perfect for your furbaby! Large paved Driveway has room for your cars and your Boat. Enjoy all family-friendly Captain's Cove has to offer incl. an Indoor Pool, 2 Outdoor Pools, 24 Hr Security, Golf, Tennis, Marina, Restaurant & Snack Bar, and more! It's time to Live the Shore Life!
-
2022-05-16$185,000 822-char remark
Show marketing remark (822 chars)
Adorable 3 Bdrm/2 Bath Home tucked in a peaceful location in Captain's Cove Golf & Yacht Club! You'll love relaxing in the Living Room w/ Vaulted Pine Ceilings & a cozy Fireplace. Kitchen has Warm Wood Cabinetry & Stainless Appliances - the entire home is cozy & welcoming. Master Bedroom has Private Master Bath, and with 2 add'l Bedroms there's room for the whole family. Screened Porch with Porch Swing is perfect for viewing the abundant wildlife right in your own backyard - yard is partially fenced, so perfect for your furbaby! Large paved Driveway has room for your cars and your Boat. Enjoy all family-friendly Captain's Cove has to offer incl. an Indoor Pool, 2 Outdoor Pools, 24 Hr Security, Golf, Tennis, Marina, Restaurant & Snack Bar, and more! It's time to Live the Shore Life!
ⓘ 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
- $1,020 · $85/mo
- Projected year-2 tax
- $2,034 · $169/mo
- Expected delta
- +$1,014/yr (+$84/mo · 99.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 8/10 Severe 7 d/yr ≥100°F today · 17 d/yr by 30 yrs out
- Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,918
- − Mortgage interest
- −$13,892
- − Property taxes
- −$1,020
- − Insurance
- −$2,038
- − Repairs & maintenance
- −$1,913
- − Management
- −$1,913
- − HOA
- −$1,872
- − Depreciation
- −$7,215
- Taxable loss
- −$5,945
- Est. tax savings @ 24.0%
- +$1,427
- After-tax cash flow
- $-214/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
- Accomack County Public School District
- NCES district ID
- 5100060
- Math proficiency
- 44% ▼ -36.00%
- Reading proficiency
- 59% ▼ -10.00%
- Median HH income
- $40,348
- Composite
- 43.05/100
- National rank
- #3096
- State rank
- #99 of 131 in VA
Livability — Captains Cove
- Score
- 63/100
- State rank
- #371
- US rank
- #14910
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Captains Cove, VA
- Population (ZIP)
- 1,738
Population outlook (Accomack County) Hauer SSP2
- Today (2025)
- 32,072 people
- By 2030
- 31,425 · -2.0%
- By 2040
- 29,685 · -7.4%
- By 2050
- 27,748 · -13.5%
- By 2075
- 23,396 · -27.1%
- By 2100
- 18,774 · -41.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (98%)
- Race & ethnicity
- White 98%
- Common ancestry
- Romanian 9% Slovak 6% Subsaharan African 2%
- Languages at home
- 97% English-only · Russian/Polish/Slavic 2% Other Indo-European 2%
Political lean MEDSL · Accomack
- 2024 margin
- R (+13.3) · D 43.0% · R 56.3%
- 2008→2024 swing
- -11.9pp toward R · 2008: -1.4pp · 2024: -13.3pp
- All cycles
- 2024: R+13.3 2020: R+9.4 2016: R+11.7 2012: R+3.5 2008: R+1.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 1.24%
- Current HPI
- 191.9035
- Rent YoY
- —
- Metro
- —
- 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
+34.1% since first listed7 events — show timeline
- 2026-04-26 Pending — ESAR
- 2026-04-26 Pending — BRIGHT MLS
- 2026-04-22 Listed $248,000 BRIGHT MLS
- 2026-04-22 Listed $248,000 ESAR
- 2022-06-30 Sold (Public Records) $185,000 Public Records
- 2022-06-30 Sold (MLS) $185,000 ESAR
- 2022-05-16 Listed $185,000 ESAR
Property tax history
+5.0%/yrLatest (2025): $1,020 · +10.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…