$299,000
●
House -
Off Market
12319 COUNTY SEAT HIGHWAY
LAUREL, DE 19956
3 Beds
2 Baths
2,396 Ft²
$1,591
Est. Monthly
About This Property
The property at 12319 County Seat Highway offers strong potential
for investors or handy homeowners. The property is 2.98 acres
located on Route 9, and it offers easy access to Route 13 or Route
113 for going towards the beach or towns close by.
Much of the home is partially finished but it would not take much to get it to the finished condition, often small parts of the rooms that are not finished yet.
The large primary suite has three walks in closets and a large bathroom; the laundry room has its own space with shelving and cabinets. An office space is located towards the back of the house with an exterior entrance. The home has a bright sunroom to be finished and would be a nice area in the home to hang out for hobbies or quiet privacy. There is also a bonus room above the one car garage that gives a lot of room for play or storage. Outside of the property there is a large yard that is of the making of the 2.98 acres and it has a large steel building with a concrete floor that works perfectly for extra storage or projects if you are a contractor or someone who would like to work on cars etc.
Additional photos will be posted before the home becomes active.
It is a nice location and there is a lot of potential, so we encourage you to get a scheduled showing as soon as possible.
Much of the home is partially finished but it would not take much to get it to the finished condition, often small parts of the rooms that are not finished yet.
The large primary suite has three walks in closets and a large bathroom; the laundry room has its own space with shelving and cabinets. An office space is located towards the back of the house with an exterior entrance. The home has a bright sunroom to be finished and would be a nice area in the home to hang out for hobbies or quiet privacy. There is also a bonus room above the one car garage that gives a lot of room for play or storage. Outside of the property there is a large yard that is of the making of the 2.98 acres and it has a large steel building with a concrete floor that works perfectly for extra storage or projects if you are a contractor or someone who would like to work on cars etc.
Additional photos will be posted before the home becomes active.
It is a nice location and there is a lot of potential, so we encourage you to get a scheduled showing as soon as possible.
Unit Size
2,396 Ft²
Days on Market
-
Land Size
2.98 acres
Price per sqft
$125
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 7 months ago (Bright MLS #DESU2105068)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Listed by ERA Martin Associates | $299,000 | |
| Listed by ERA Martin Associates | |||
| Feb 17, 2025 | Price Decreased |
$299,000
↓ $26K
(8%) | |
| Price Decreased | |||
| Feb 7, 2025 | Price Decreased |
$324,999
↓ $1
(0%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sussex
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Listed by: John E Terrell Jr.
ERA Martin Associates
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2105068
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
ERA Martin Associates
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2105068
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017