1604 NATHANIEL MITCHELL RD
About This Property
This diamond in the rough is eagerly awaiting your personal touch. With solid bones, the home is ripe for customization, making it an ideal opportunity for those eager to add their personal stamp on their new home. Whether it's a modern makeover or a vintage revamp, the possibilities are endless.
Rest assured, while creativity is encouraged, necessity isn't pressured. The property has undergone comprehensive inspections, with most repairs already conducted. This means no hidden surprises as you settle in and start to make the space your own.
For added peace of mind, the sale includes a home warranty, ensuring you're covered for any unexpected issues.
The location of this property is a bonus, nestled in the heart of Dover, Delaware, a city known for its rich history and vibrant community. With its blend of tranquility and convenience, this home offers the best of both worlds.
Don't miss out on this opportunity to buy at 1604 Nathaniel Mitchell Rd, where potential meets peace of mind. Schedule your viewing today and start envisioning your future in this unique Delaware home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 11, 2023 | Sold | ||
| Sold | |||
| Nov 15, 2023 | In contract | - | |
| In contract | |||
| Nov 8, 2023 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Oct 6, 2023 | Listed by Keller Williams Realty Central-Delaware | $260,000 | |
| Listed by Keller Williams Realty Central-Delaware | |||
| Jan 23, 2018 | Sold | ||
| Sold | |||
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About Rodney Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017