92
Map
116 WATERFALL LANE
About This Property
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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 29, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by BHHS Fox & Roach - Hockessin | $739,900 | |
| Listed by BHHS Fox & Roach - Hockessin | |||
| Oct 31, 2025 | Listed | $749,900 | |
| Listed | |||
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Welcome to 116 Waterfall Lane, located in the highly desired Landenberg community of Twin Bridges, perfectly positioned on what is undoubtedly the best lot in the neighborhood. Elevated on a full private acre with wooded views and incredible natural landscape, this beautifully maintained 5-bedroom home blends timeless architectural charm with thoughtful modern enhancements. A full wrap-around front porch, complete with a classic porch swing, provides the perfect welcome, encouraging morning coffee with peaceful views and warm gatherings with friends. Inside, a grand two-story foyer opens to sun-filled formal rooms and warm everyday living spaces, creating a seamless flow ideal for both hosting and relaxation. The heart of the home is the expansive kitchen featuring refinished flooring, abundant cabinetry, center island seating, and effortless access to the two-story, oversized family room with its beautiful rear views of the private backyard. The main level also includes flexible spaces ready for home office use, study, or play. Upstairs, new carpet (2024) extends through the hallway and bedrooms, where generous secondary rooms accompany the serene primary suite boasting vaulted ceilings, a sitting area, a large walk-in closet, and a spa-style bath. The finished walk-out lower level expands the home’s livability with a recreation room, bedroom, full bath, and direct access to the backyard, ideal for guests, multi-generational living, or future in-law suite potential. Outdoor living is truly the show-stopper here. A luxurious screened-in porch with a rich cedar ceiling invites year-round enjoyment, while the adjacent deck offers multiple spaces for grilling, dining, and gathering around a fire pit under the stars. The yard provides privacy and stunning sunset views thanks to the home’s elevated position, making every evening feel like a retreat. Peace of mind continues with dual-zone HVAC plus a third lower-level system for enhanced comfort. Located within the sought-after Avon Grove School District, and just minutes to local parks, White Clay Creek trails, and commuting routes into Delaware and the PA Main Line, this home delivers the lifestyle buyers want: spacious, smartly designed, move-in ready, and set in a welcoming community surrounded by natural beauty. Come experience the unmatched lot, layout, and outdoor living that make this property the premier opportunity in Landenberg.
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| Sep 7, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017