106 SEAGULL DRIVE
About This Property
It's all about the setting! Tucked away on an exceptional lot overlooking protected wetlands and a tranquil pond, with distant views of Canary Creek, this 4-bedroom, 3-bath home offers a remarkable combination of privacy, natural beauty, and convenience-all within walking and biking distance of Historic Lewes. Enjoy peaceful, ever-changing views of the water, wetlands, birds, and wildlife from the enclosed porch and rear patio . With protected wetlands beyond the property, the backyard offers a wonderful sense of privacy and serenity that is increasingly hard to find this close to downtown Lewes. Inside, the welcoming open floor plan features hardwood flooring, vaulted ceilings, a gas fireplace, and a spacious great room that flows seamlessly into the kitchen and dining area. A separate formal dining room provides additional space for entertaining family and friends. The first-floor primary suite features two large walk-in closets and a private en suite bath with a walk-in shower and soaking tub. Three additional bedrooms on the second floor provide plenty of room for family, guests, or a home office. Additional highlights include owned solar panels that can significantly reduce energy costs and fiber-optic internet for high-speed connectivity. Numerous improvements have already been completed, including a roof replacement in 2023, newer heat pump, new kitchen stove, sink and faucet, new first-floor toilets, and much more. See the complete list of improvements for additional details. Best of all, you can enjoy the peace and privacy of this special setting while being just moments from everything that makes Lewes so desirable. Walk or bike to Historic Lewes for shopping and dining, explore the nearby waterways and trails, or simply relax at home and take in the beautiful views from your own backyard. Protected wetlands, pond and Canary Creek views, exceptional privacy, and proximity to downtown Lewes-this is a setting that truly sets this Pilottown Village home apart.
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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 |
|---|---|---|---|
| May 22, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $990,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| May 8, 2023 | Sold | ||
| Sold | |||
| Mar 26, 2023 | In contract | - | |
| In contract | |||
| Mar 21, 2023 | Price Decreased |
$988,000
↓ $10K
(1%) | |
| Price Decreased | |||
| Mar 21, 2023 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $998,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017