40 Rader ST # 504
Norfolk, VA, 23510 $ 579,900
Bedrooms3 Baths2.1 Sq 2,010 Monthly Estimate*
$ 4,005
for $579,900 with 3 bedrooms and 2 full baths, 1 half bath. This 2,010 square foot condo was built in 1918 on a lot size of 0.0291.
SELLER OFFERING UP TO $14,000 BUYER CREDIT! Use it toward an interest-rate buydown, eligible closing costs, or condo fees—giving buyers flexibility to make this luxury waterfront home more affordable. Major updates include a new HVAC system, water heater, and washer/dryer combination, providing additional peace of mind for the next owner. Two Levels. Waterfront Views. More Than a Century of Norfolk History. Welcome to 40 Rader St, Unit 504, where waterfront living places you within easy reach of some of Norfolk's best entertainment, dining and experiences. Spend an evening enjoying Waterside District, waterfront restaurants and live music, or experience signature Norfolk events including Harborfest, the Norfolk Waterfront Jazz Festival and seasonal festivals at Town Point Park. Watch yachts and boats travel the Elizabeth River, enjoy the energy of Downtown Norfolk, or turn vacation mode on with Carnival cruises departing right from Norfolk. And when the festivities are over, come home to your own two-level waterfront retreat with panoramic views. Historic character. Waterfront scenery. Dining. Festivals. Yachts. Cruises. Entertainment. And don't forget the $14,000 seller credit! Buy down your interest rate, apply it toward allowable closing costs, or use it toward condo fees. You choose how to make the incentive work best for you, subject to lender and association requirements. The condo association includes water, trash, cable, flood liability coverage, and building insurance, along with access to a fitness center, clubhouse, private storage, and two dedicated parking spaces. Come see the views, experience the lifestyle, and discover why Unit 504 may be the waterfront home you've been waiting for. This isn't simply a place to live — it's a Norfolk waterfront lifestyle. Schedule your private tour today.
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FeaturesInteriorOther Rooms Assigned Storage Foyer PBR with Bath Pantry Utility Closet
Fireplaces 0
Equipment Ceiling Fan
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GeneralHeating Forced Hot Air
Water Type City/County
Cooling Central Air
Ownership Type Condo
Waterfront Description Deep Water Deep Water Access Dock River
Roof Other
Appliances Dishwasher Disposal Dryer Microwave Elec Range Refrigerator Washer
Amenities Cable Clubhouse Dock Elevator Ground Maint Security Sewer Trash Pickup Water
Parking Assigned/Reserved Off Street
Style Mid Rise
Property Type Residential
Area 11 - West Norfolk
Subdivision Name DOWNTOWN AREA
HOA Y/N 1
Sub Type Attached
New Construction Y/N 0
Elementary School Walter Herron Taylor Elementary
High School Maury
Middle School Blair Middle
Fees HOA/POA Monthly 0
Fees Condo Monthly 1150
Non Non Contingent
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ExteriorWaterfront 1
View Harbor River
Exterior Features Patio
Siding Other
Fence? 0
Foundation Pile
Pool No Pool
Garage Y/N 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,005
- Monthly Property Taxes
- $630
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Norfolk, VA
Average List Price $336,711
Percent of Sale Price 42%
About Norfolk, VA 251,813 Population
7% Since 2002
$ 46,428 Median Income
32.47 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
239004 Elementary School
239388 Middle School
Maury High School High School