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1 WAPLES DRIVE
About This Property
Inside, natural light fills the welcoming living room, while easy care flooring flows through much of the home. The spacious kitchen offers abundant cabinetry, plenty of workspace and room for everyday dining. All existing appliances are included, adding convenience for the next owner. Direct access from the kitchen and dining area leads to the rear deck, creating an easy transition for grilling, entertaining or simply enjoying the outdoors.
The home offers three comfortable bedrooms and a full bath, all arranged within an efficient one level floor plan. The bathroom features a marble look tub surround, dark fixtures and a clean white vanity for a refreshed, updated feel.
Outside is where this property offers even more flexibility. Situated on a corner lot, the expansive, level yard provides plenty of room to garden, entertain, play or simply enjoy your own outdoor space. The rear deck creates a comfortable spot to relax, while the detached storage shed provides additional space for lawn equipment, bicycles, seasonal items and more. Chain link fencing surrounds much of the yard, and driveway, off street and on street parking provide added convenience.
Central air, natural gas heat, public utilities, included appliances and single level living make this home an appealing option for a variety of buyers. Located in Georgetown with convenient access to Route 113 and the Route 9 corridor, the property places shopping, dining, Delaware Tech, downtown Georgetown and area services within easy reach. Head east on Route 9 toward Lewes and the Delaware beaches, or connect to Route 1 for access throughout the coastal corridor. DART transportation is also available in Georgetown, providing connections to Lewes and other communities throughout Sussex and Kent Counties.
Whether you are purchasing your first home, simplifying into one level living, or looking for an affordable property with a spacious yard and convenient location, 1 Waples Drive offers plenty to appreciate. Schedule your showing and come see the possibilities for yourself.
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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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Listed by Empower Real Estate, LLC | $249,900 | |
| Listed by Empower Real Estate, LLC | |||
| May 30, 1990 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017