16426 SAMUEL PAYNTER BOULEVARD
About This Property
Step into this beautifully maintained gem offering over 2,200 square feet of thoughtfully
designed living space and a stunning, unobstructed view of Governors Green. From the moment
you enter, you're welcomed by the warm glow of hardwood floors flowing seamlessly through
a sun-drenched living room-an inviting space that feels like home from the very first step.
Continue through the cozy breakfast area into a chef's dream kitchen, complete with granite
countertops, stainless steel appliances, and a generous island-ideal for entertaining or
simply enjoying your morning coffee.
Beyond the kitchen, unwind in the charming sitting room with a fireplace, or step into the
bright and versatile sunroom-perfect as a dining area, office, guest space, or even your
personal yoga studio.
The spacious first-floor primary suite easily accommodates a king-sized bed and features a
luxurious en-suite bath with dual vanities, a soaking tub, and a separate shower. Upstairs, two
more bedrooms are joined by a stylish Jack-and-Jill bathroom, offering the perfect blend of
privacy and comfort.
Located just minutes from Lewes Beach, Rehoboth Beach, and the scenic Georgetown-Lewes
Trail, this home puts coastal living at your fingertips. Whether you're craving a beach day, a
morning bike ride, or an evening out at local shops and restaurants, everything you love is just
around the corner.
In Paynters Mill, you'll enjoy a resort-style lifestyle with access to a community pool, tennis
and basketball courts, a fitness center, volleyball, tot lots, billiard room and more.
This is more than a home-it's a lifestyle. Come experience it for yourself. Schedule your
private tour today and fall in love with life at Paynters Mill!
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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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 6, 2025 | Price Decreased |
$500,000
↓ $14K
(2.7%) | |
| Price Decreased | |||
| May 23, 2025 | Price Decreased |
$514,000
↓ $11K
(2.1%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed by Thyme Real Estate Co LLC | $525,000 | |
| Listed by Thyme Real Estate Co LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017