For SaleRisky Deal65 days on market
2604 Fernwick Dr
2604 Fernwick Dr, South Boston, VA 24592, South Boston, VA 24592
$319,900
Listing Price
2604 Fernwick Dr, South Boston, VA 24592
Loc: South Boston, VA
Days Listed
65
Tax Assessed
$318k
Lot Size
0.96 acres
Rent Estimate
$2,554/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
South Boston Elementary School
K-5
1.4 mi away
5
Halifax County Middle School
6-8
0.3 mi away
3
Halifax County High School
9-12
0.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonial revivalbrick exteriortwo-storycolumned porchlarge lawnmature treesshuttered windowssuburbantraditional architecturelandscapedestatepitched roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.19%
Total ROI
93.3%
Cash Flow
$-11/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-11/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in South Boston
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Price change | $319,900 | – |
| 2026-08-25 | Price change | $335,000 | – |
| 2026-07-21 | Listed for sale | $349,000 | – |
| 2026-01-08 | Sold | $305,102 | – |
| 2025-12-16 | Price change | $349,900 | – |
| 2025-11-27 | Price change | $364,000 | – |
| 2025-11-13 | Listed for sale | $374,900 | – |
| 2025-11-03 | Listing removed | $0 | – |
| 2025-10-31 | Listed for sale | $410,000 | – |
| 2020-11-19 | Sold | $320,000 | – |
| 2020-10-16 | Pending sale | $325,000 | – |
| 2020-10-11 | Listed for sale | $325,000 | – |
| 2014-12-05 | Sold | $309,000 | – |
| 2007-07-10 | Sold | $306,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,591.35 | $318,270 |
| 2024 | $1,591.35 | $318,270 |
| 2023 | $1,595.9 | $319,180 |
| 2022 | $1,595.9 | $319,180 |
| 2021 | $1,535.34 | $307,068 |
| 2020 | $1,081.53 | $216,306 |
| 2019 | $1,089.37 | $217,874 |
| 2018 | $1,045.8 | $217,874 |
| 2016 | $1,057.83 | $220,382 |
| 2015 | $1,014.47 | $220,536 |
| 2014 | $1,014.47 | $220,536 |
| 2013 | $1,008 | $224,001 |
| 2012 | $10.08 | $224,001 |
| 2010 | $1,021.3 | $237,511 |
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