18117 WEAVERS MILL LANE
About This Property
Inside, a bright open floor plan is enhanced by abundant natural light, soft neutral finishes, customized coffered ceilings, and impressive 10-foot doors that create an elegant and inviting atmosphere. The spacious great room flows seamlessly into a crisp white gourmet kitchen featuring Electrolux stainless steel appliances, including a 5-burner gas cooktop, generous cabinetry, pantry, and a large island perfect for everyday living and entertaining.
Enjoy peaceful wooded views from the screened porch, or step outside to the patio and outdoor gathering area-ideal for relaxing, dining, or hosting friends after a day at the beach. The primary suite offers a private retreat with a spacious bedroom, large ensuite bath, walk-in closet, and direct access to the screened porch. The main level also includes two guest bedrooms, a full hall bath, a powder room, and a flexible room currently used as a sitting room/home office that could easily serve as a formal dining room.
The finished basement expands the living space with a large recreation area, a flex room ideal for a home office, hobby, or craft room, a full bath, and abundant storage.
Residents of Covered Bridge Trails, an active 55+ community, enjoy exceptional amenities including a resort-style pool, clubhouse, fitness center, pickleball courts, community garden spaces, and a dog park. Outdoor enthusiasts will love the community's direct access to the Lewes-Georgetown Trail, providing miles of scenic biking and walking right from the neighborhood.
Just minutes from Lewes Beach, downtown Lewes, Cape Henlopen State Park, and the area's premier dining and shopping destinations, this exceptional home offers the best of Delaware coastal living. Community is considered Condominum.
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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%.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Price Decreased |
$790,000
↓ $9K
(1.1%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Monument Sotheby's International Realty | $799,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Mar 29, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017