106 COMANCHE CIRCLE
About This Property
Warwick Park is a waterfront community situated along the Indian River, known for its relaxed, friendly atmosphere and convenient access to the bay. Residents enjoy community amenities such as a large pavilion, crabbing piers, and a shared dock area perfect for boating, kayaking, and fishing. The location is ideal for anyone who values both serenity and accessibility-just a short drive from Route 24, downtown Millsboro, and the beaches of Lewes and Rehoboth. With sewer expansion projects planned to enhance the area's infrastructure, this lot offers both present charm and future potential. Whether you're envisioning a year-round residence or a coastal getaway, 106 Comanche Circle provides the perfect blend of privacy, natural beauty, and proximity to Delaware's best coastal destinations. Please note: community is subject to restrictions - HOA docs are on file.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Price Decreased |
$125,000
↓ $350K
(73.7%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
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TO BE BUILT NEW CONSTRUCTION. Beautiful lot Co-Marketed with Caruso Homes. This Model is the —— BLUE RIBBON ——
The Blue Ribbon plan is a spacious two-story single-family home with a desirable first-floor primary suite. The living space features a large kitchen with an island and dining area that’s open to a large great room. The primary suite on the first floor has an ensuite bath and a huge walk-in closet. Also on the main level is a second bedroom/study and a full bath. Upstairs, there are two additional bedrooms and a full bath. Optional full basement available.
Buyer may choose any of Caruso’s models that will fit on the lot; prices will vary. Photos are provided by the Builder. Photos and tours may display optional features and upgrades that are not included in the price. Final square footage is approximate and will be finalized with final options. Upgrade options and custom changes are at an additional cost. Pictures shown are of proposed models and do not reflect the final appearance of the house and yard settings. All prices are subject to change without notice. Purchase price varies by chosen elevations and options. Price shown includes the Base House Price, The Lot, and the Estimated Lot Finishing Cost Only. Builder tie-in is non-exclusive.
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| Oct 23, 2025 | Listed by Keller Williams Realty | $140,000 | |
| Listed by Keller Williams Realty | |||
| Oct 30, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017