$200,000
●
House -
In Contract
106 ATLANTIC AVENUE
MILTON, DE 19968
2 Beds
1 Bath
672 Ft²
$1,032
Est. Monthly
About This Property
Rare Opportunity in Town of Milton. Walking distance to downtown
Milton's restaurants, shops, and waterfront along the Broadkill
River. A big plus for anyone planning a renovation or rebuild: the
property is not in Milton's Historic Preservation district, so
you'll have more flexibility with design and approvals. It also has
a detached two-car garage with electric, which works well for a
workshop, storage, or parking while you build. The existing home
needs significant work and is being sold as-is, so plan on a full
renovation or new construction. In-town lots this size are hard to
find.
Unit Size
672 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$298
Property Type
House
Property Taxes
$49
HOA Dues
-
Year Built
-
Listed By
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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: 3 days ago (Bright MLS #DESU2121402)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | In contract | - | |
| In contract | |||
| Oct 5, 2026 | Listed by Northrop Realty | $200,000 | |
| Listed by Northrop Realty | |||
| Sep 4, 2003 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Driveway
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Refrigerator, Washer, Dryer, Water Heater
Basement: Outside Entrance
Exterior Details
Square Footage: 672
Square Footage Source: $0
Security Features: Smoke Detector(s), Main Entrance Lock
Architectural Style: Cottage
Year Built Source: Assessor
Year Built: 1970
Building Name: NONE AVAILABLE
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Vinyl Siding
Lot Size Area: 10454
Lot Size Units: Square Feet
Lot Size Acres: 0.24
Lot Size Square Feet: 10454
Water Source: Public
Financial Details
Tax Assessed Value: $279,900
Tax Annual Amount: $589
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard - Electric
Sewer : Public Sewer
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: Nitan Soni
Northrop Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# DESU2121402
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Northrop Realty
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# DESU2121402
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