111 BROAD STREET
About This Property
A complete top to bottom restoration, with all the big-ticket items already taken care of creating a thoughtful floor plan with generously sized rooms while preserving the craftsmanship that makes older homes so special.
The gourmet country kitchen is a true centerpiece, featuring brand new stainless appliances, new cabinetry, stone countertops, and ample space for a table and center island. The home offers three bedrooms and two and a half baths, along with a finished walk-in attic filled with natural daylight for added flexibility.
Major improvements include a newly installed authentic standing seam metal roof, replaced roof structures over the kitchen and front porch, new plumbing, and a new electrical panel with updated wiring, switches, outlets, and lighting. Five newly created windows and four skylights enhance natural light throughout, while new insulation in the ceilings and perimeter walls and a mini split heating and air conditioning system provide year-round comfort. All salvageable wood flooring, millwork, and interior doors have been carefully restored, three rooms feature new oak hardwood flooring, and the bathrooms and mudroom are finished with ceramic tile. A newly constructed main staircase adds function and style, and the screened front porch offers a relaxing place to unwind. Everything has been properly permitted, and all inspections have met with approvals, allowing you to move in with confidence.
Outside, the deep private backyard has been cleared of overgrown trees to create a peaceful, park like setting perfect for entertaining or quiet enjoyment. Located just blocks from Milton's vibrant downtown, the Broadkill River, parks, restaurants, and boutiques, 111 Broad Street is a rare opportunity to own a fully restored home in one of Delaware's most beloved small towns.
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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%.
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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 |
|---|---|---|---|
| Feb 19, 2026 | Listed by Northrop Realty | $475,000 | |
| Listed by Northrop Realty | |||
| Oct 14, 2025 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed | $475,000 | |
| Listed | |||
| | |||
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Welcome to 111 Broad Street, a timeless gem nestled in the heart of historic Milton. This charming residence blends classic character with thoughtful modern updates, offering the perfect balance of old-world appeal and contemporary comfort.
This home has undergone a complete restoration, with many of the big-ticket items already taken care of. The kitchen has been fully upgraded with all-new cabinetry, countertops, and brand-new appliances. A mini-split heating and air conditioning system has been installed, ensuring year-round comfort. Structural improvements include the complete replacement of the roof structures over both the kitchen and front porch, along with new supports and concrete piers to enhance stability.
Inside, the home features new electrical throughout, including panel, wiring, switches, outlets, and lighting, as well as brand-new plumbing. Most of the windows have been replaced, while original interior doors have been thoughtfully restored to preserve the home's period charm. Three rooms showcase newly installed oak hardwood flooring, with tile flooring in the remaining areas. The ceilings and perimeter walls are now fully insulated with batt and blown-in insulation, and a newly constructed main staircase adds to the functional upgrades.
Outside, the backyard has been thoughtfully cleared with the removal of overgrown trees, creating a fresh, open space for relaxation or entertaining.
Located just blocks from Milton’s vibrant downtown, the Broadkill River, parks, restaurants, and boutiques, 111 Broad Street is a rare opportunity to own a fully restored home in one of Delaware’s most beloved small towns.
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| Nov 5, 2018 | Sold | ||
| Sold | |||
| Oct 6, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017