Cost to Own
United StatesVirginiaAccomack CountyCaptains Cove Population 1,676 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Captains Cove, Virginia

A $230,000 home here costs

$1,759

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,182. The real number is $576 higher every month — 49% more than the payment most buyers budget for.

Captains Cove median: $230,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $184,000 borrowed $1,182
Property tax0.530% effective rate for Captains Cove itself $102
Homeowners insuranceVirginia averages $1,199/yr (NAIC), or 0.295% of home value $57
Electricity17.61¢/kWh — Virginia residential average, EIA $158
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $192
Total monthly $1,759

Captains Cove against Accomack County and Virginia

MeasureCaptains CoveAccomack County
Median home value$230,000$193,100
Median property tax$1,220$962
Effective tax rate0.530%0.498%
Median gross rent$973
Population1,67633,326

The weather behind that power bill

Captains Cove sits in Accomack County, which averages a high of 86.1°F in its hottest month and a low of 29.5°F in its coldest, with 43.25" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,358 cooling and 3,957 heating degree days, which is what sets the $158 electricity line above.

See the full climate breakdown for Accomack County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Accomack County

Full Accomack County cost breakdown · Every county in Virginia

Common questions

How much does it cost to own a home in Captains Cove?

A $230,000 home in Captains Cove, Virginia costs approximately $1,759 per month with 20% down at 6.66%. That is $1,182 principal and interest, $102 property tax, $57 homeowners insurance, $226 utilities and $192 set aside for maintenance.

What is the property tax rate in Captains Cove?

Captains Cove has an effective property tax rate of 0.530%, based on a median home value of $230,000 and median real estate taxes of $1,220. That is higher than the Accomack County average of 0.498%.

What is the average home price in Captains Cove?

The median owner-occupied home value in Captains Cove, Virginia is $230,000, against $193,100 across Accomack County.

Is it cheaper to rent or buy in Captains Cove?

Rent data is not published for Captains Cove at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Captains Cove — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Virginia.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology