1081 DEXTER CORNER RD
About This Property
Nestled in Townsend, Delaware, within the esteemed Appoquinimink school district, this property combines an excellent location with incredible potential. Whether for personal enjoyment or entrepreneurial endeavors, the expansive lot and versatile shop space beckon to be utilized in a manner that suits your desires. Book your appointment today to experience this wonderful property. Kindly refrain from driving onto the lot without a confirmed and approved showing. Don't miss the chance to explore the limitless possibilities this property holds!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by RE/MAX 1st Choice - Middletown | $539,000 | |
| Listed by RE/MAX 1st Choice - Middletown | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017