BLACKWATER VLG LOT 1 BLK INDIAN QUEEN LANE
About This Property
Set in a peaceful, established neighborhood, this lot offers the perfect blend of small-town charm and modern convenience. Enjoy easy access to local shops, restaurants, and schools, plus nearby parks and nature trails. Just a short drive to the beautiful Delaware beaches, it's ideal for those seeking coastal living with a relaxed, quiet feel.
With its great location, available site evaluation, and incredible potential, this is an excellent opportunity to create the life you've been dreaming of in one of Dagsboro's most desirable communities.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by The Parker Group | $94,900 | |
| Listed by The Parker Group | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed | $89,900 | |
| Listed | |||
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Discover this prime lot nestled in the sought after community of Blackwater Village! Offering endless possibilities, this lot is the perfect canvas for your dream home or investment property. Located in a peaceful, established neighborhood, this lot provides the ideal blend of small-town charm and modern conveniences. You'll enjoy easy access to local shops, restaurants, and schools, as well as nearby parks and nature trails. Just a short drive from the beautiful Delaware beaches, it’s perfect for those seeking coastal living while maintaining a quiet, relaxed lifestyle. With its convenient location and ample potential, this is an excellent opportunity to create the life you envision in one of Dagsboro’s most desirable areas. Don’t miss your chance to own a piece of this charming, fast-growing community!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017