$451,000
●
House -
Off Market
146 NETHERLANDS DR
MIDDLETOWN, DE 19709
3 Beds
2 Baths
2,150 Ft²
$1,964
Est. Monthly
About This Property
Unique and rarely available ranch-style home in Dutch Neck Farms
features a full brick exterior (all 4 sides), newer roof, and an
in-ground pool. The home is situated on a 1-acre lot that
backs to farmland. The long front porch with unique arches
leads to the foyer and sunken living room and separate dining room.
To the left are 3 bedrooms and a full bath with laundry area.
Walk through the dining area to the family room and kitchen.
The family room features a cathedral ceiling and brick
woodburning fireplace plus a slider to the rear patio with awning
and access to the back yard. Off the family room is an
additional full bath and the 2-car garage plus lots of storage
space. There is a full unfinished basement with a rear exit
to the back yard with walkup steps. This price of the home
reflects the needed updates. The property is being offer in
as-is condition.
Unit Size
2,150 Ft²
Days on Market
22 days
Land Size
1.00 acres
Price per sqft
$186
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1985
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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: 3 years ago (Bright MLS #DENC2067202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Listed by Brokers Realty Group, LLC | $399,900 | |
| Listed by Brokers Realty Group, LLC | |||
Property Highlights
Garage
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 Dutch Neck Farms
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Listed by: Stephen Marcus
Brokers Realty Group, LLC
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DENC2067202
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Brokers Realty Group, LLC
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DENC2067202
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Address: 335 Madison Avenue, New York, NY 10017