$465,000
●
House -
Off Market
103 POND DRIVE
MILTON, DE 19968
4 Beds
2 Baths,
1
Half Bath
2,527 Ft²
$2,490
Est. Monthly
$15
HOA / Fees
5.62%
Cap Rate
About This Property
THIS IS THE ONE YOU'VE BEEN LOOKING FOR! Quality home in one of
Milton's finest communities: Wagamons West Shores. This spacious
floor plan includes an owners suite with walk-in closet and en
suite bath with separate soaking tub, 3 additional second
floor bedrooms all with walk-in closets, formal living room,
inviting family room with gas fireplace, back deck, and so much
more! Enjoy the beautiful pond view from the front porch. The
unfinished basement offers plenty of room for storage. Situated on
a generously sized, landscaped lot within the town limits of
Milton, walking distance to downtown Milton, & only a short drive
to Coastal Highway & the beaches. Great value, call today!
Unit Size
2,527 Ft²
Days on Market
182 days
Land Size
0.23 acres
Price per sqft
$192
Property Type
House
Property Taxes
$93
HOA Dues
$15
Year Built
2005
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #DESU2078998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Feb 14, 2025 | Listed | $499,900 | |
| Listed | |||
| | |||
|
THIS IS THE ONE YOU'VE BEEN LOOKING FOR! Quality home in one of Milton's finest communities: Wagamons West Shores. This spacious floor plan includes an owners suite with walk-in closet and en suite bath with separate soaking tub, 3 additional second floor bedrooms all with walk-in closets, formal living room, inviting family room with gas fireplace, back deck, and so much more! Enjoy the beautiful pond view from the front porch. The unfinished basement offers plenty of room for storage. Situated on a generously sized, landscaped lot within the town limits of Milton, walking distance to downtown Milton, & only a short drive to Coastal Highway & the beaches. Great value, call today!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Milton
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Listed by: Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2078998
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2078998
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