109 HENLOPEN SHORES CIRCLE
About This Property
Designed for both relaxing and entertaining, the open-concept top level flows effortlessly from a gourmet kitchen - equipped with new stainless steel propane range and refrigerator, sleek backsplashes, and an inviting dining area and expansive family room featuring a new linear propane fireplace with custom stone surround. Step outside to the deck finished with durable Duradek surfacing for relaxing bay breezes, or head to the screened-in porch, on the second level, recently enhanced with a hardwood ceiling, Trex flooring, and new ceiling fans. Below, a new stone paver patio offers an idyllic backyard setting for outdoor gatherings.
The top floor primary suite serves as a private haven, complete with new hardwood floors, custom built-in cabinetry, a tailored walk-in closet, and a spa-like primary bath featuring a free-standing soaking tub, dual-head shower, double vanity, and linen closet. Additional bedrooms and fully renovated secondary bathrooms ensure ultimate comfort for guests. Complete with a brand-new roof, 2-zone Trane HVAC system, tankless water heater, and 2 built-in carports with a dedicated 19'8" x 11'7" storage room for all your beach gear, this exceptional Cape Shores home provides complete peace of mind and luxury living. Call & schedule a showing today!
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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 |
|---|---|---|---|
| Oct 23, 2026 | In contract | - | |
| In contract | |||
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $1,995,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017