$735,000
●
House -
Off Market
17359 GRACELAND DR
LEWES, DE 19958
4 Beds
4 Baths,
1
Half Bath
2,914 Ft²
$4,220
Est. Monthly
$439
HOA / Fees
3.52%
Cap Rate
About This Property
MODEL PERFECT, PLUS LOCATION! **This house is under contract with a
contingency that should be removed by close of business 08/14/24.**
Fantastic floor plan and meticulous design greets you in this East
of Route 1 home. No detail is overlooked in this 4-bedroom home
that's only steps from the Villages of Five Points many amenities.
Home features easy, graceful flow with light-filled rooms, pristine
hardwood & tile throughout, stylish kitchen - open to the family
room with gas fireplace, 1st floor owner's suite with walk-in
closet & en-suite bath offers great privacy - separate from the
upstairs bedrooms, and direct access to the large rear screened
porch. This home has it all - perfect as your year round or second
home retreat! Situated on a pond front lot, all within walking
distance to community pool, tennis, shopping and dining, and a
short drive or bike ride to Downtown Lewes and the beach!
Unit Size
2,914 Ft²
Days on Market
18 days
Land Size
0.19 acres
Price per sqft
$264
Property Type
House
Property Taxes
$137
HOA Dues
$439
Year Built
2007
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Cap Rate Calculator
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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 #DESU2059784)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jun 3, 2024 | Price Decreased |
$769,900
↓ $30K
(3.8%) | |
| Price Decreased | |||
| May 2, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $799,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Oct 18, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
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: Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# DESU2059784
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# DESU2059784
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