$260,000
●
Land -
Off Market
18088 WHITE OAK DRIVE
MILTON, DE 19968
Studio
0 Bath
$1,819
Est. Monthly
$446
HOA / Fees
7.71%
Cap Rate
About This Property
A Private Wooded Retreat in The Estates at Reddenwood
Welcome to The Estates at Reddenwood, a serene community tucked just minutes from historic downtown Milton and on the edges of the Redden State Forest. This beautiful wooded almost 1 acre lot offers the perfect setting for your dream home-where country charm meets modern living.
Enjoy the benefits of well and septic, keeping your utility bills low, while having the space you need with a large lot that easily accommodates a pool, outdoor living, and more. Surrounded by mature trees and forest views, the neighborhood is designed for privacy and tranquility, yet is just a short drive to Delaware's renowned coastal beaches.
The Estates at Reddenwood features thoughtfully designed modern homes, winding wooded streets, and a true sense of retreat. Whether you're seeking a private sanctuary, a place for gatherings, or simply the beauty of nature at your doorstep, this property offers it all.
Come explore The Estates at Reddenwood-you just might find the perfect place to call home.
Welcome to The Estates at Reddenwood, a serene community tucked just minutes from historic downtown Milton and on the edges of the Redden State Forest. This beautiful wooded almost 1 acre lot offers the perfect setting for your dream home-where country charm meets modern living.
Enjoy the benefits of well and septic, keeping your utility bills low, while having the space you need with a large lot that easily accommodates a pool, outdoor living, and more. Surrounded by mature trees and forest views, the neighborhood is designed for privacy and tranquility, yet is just a short drive to Delaware's renowned coastal beaches.
The Estates at Reddenwood features thoughtfully designed modern homes, winding wooded streets, and a true sense of retreat. Whether you're seeking a private sanctuary, a place for gatherings, or simply the beauty of nature at your doorstep, this property offers it all.
Come explore The Estates at Reddenwood-you just might find the perfect place to call home.
Unit Size
-
Days on Market
-
Land Size
0.82 acres
Price per sqft
-
Property Type
Land
Property Taxes
$23
HOA Dues
$446
Year Built
-
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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 #DESU2093116)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Listed by Coldwell Banker Premier - Lewes | $275,000 | |
| Listed by Coldwell Banker Premier - Lewes | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sussex
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Listed by: Julie Gritton
Coldwell Banker Premier - Lewes
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# DESU2093116
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Coldwell Banker Premier - Lewes
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# DESU2093116
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