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About This Home
This 2-bedroom, 1-bathroom townhouse at 5600 Landfall Drive in Virginia Beach, VA is listed for $154,900 ($179 per sqft). Built in 1987, the home offers 866 sqft of living space on a N/A lot.
New listing at $154,900 - exceptional value in VB, a market known for steady appreciation & long-term stability. Home values have continued to trend upward, averaging 2-3%+ annual appreciation, making this a smart buy for both homeowners & investors. Updated first-floor condo in the desirable Newpointe community featuring quartz countertops, extend
ed-height cabinetry, tile backsplash, stainless steel appliances, & a cozy wood-burning fireplace.Patio offers great outdoor space for relaxing or entertaining, while the functional layout provides comfortable, easy everyday living. For owner-occupants seeking low-maintenance living or investors looking for strong returns.
Rental demand driven by military, healthcare, & local employment supports consistent occupancy, with estimated rents of $1,650-$1,800/mo & an approximate 7-8% cap rate. Located near Sentara Leigh Hospital, shopping, dining, & military bases. Condo fees cover exterior maintenance for simple, peace-of-mind ownership.
Key Features
- Built in 1987
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$828/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5600 Landfall Drive
Virginia Beach, VA 23462
NEWPOINTE CONDO
Features & Amenities
Interior Features
Exterior Features
Property Details
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom townhouse at 5600 Landfall Drive is listed at $154,900 ($179/sqft). The estimated monthly payment is $671 based on 20% down at 6.5% interest.
Key features include: Built in 1987, Fireplace. Interior Features: Bar, Fireplace Wood, Walk-In Closet. Exterior Features: Corner, Patio.
This property is listed by Shannon Paschall and can be reached at (757) 751-0003 or shannon@shannonsellsva.com.
