$579,000
●
House -
Off Market
18357 SEASHELL BLVD
LEWES, DE 19958
4 Beds
3 Baths,
1
Half Bath
2,500 Ft²
$3,253
Est. Monthly
$410
HOA / Fees
4.33%
Cap Rate
About This Property
Another price reduction signals Seller is serious -4 bedroom, 2.5
bath home on almost an acre and quickly accessible to both Lewes
and Rehoboth Beach. Tasteful interior and exterior renovations have
been made, including new luxury vinyl plank throughout kitchen,
living room and all bathrooms, plush carpeting in bedrooms and
stairs, white quartz kitchen counters and vanities in the
bathrooms. French doors off kitchen open to a large sunroom with
tile floor & built-in cabinetry. Enjoy the newly installed
above-ground pool with privacy fencing or dine in the rear screened
porch. Spacious primary bedroom with ensuite full bath on first
floor. Second floor has loft area and three generously-sized
bedrooms and full bath. Private irrigation well and storage shed
for landscaping and outdoor enthusiasts. You'll like what you see,
so make an appointment soon.
Unit Size
2,500 Ft²
Days on Market
59 days
Land Size
0.79 acres
Price per sqft
$232
Property Type
House
Property Taxes
$180
HOA Dues
$410
Year Built
2004
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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: 2 years ago (Bright MLS #DESU2069514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Price Decreased |
$579,000
↓ $21K
(3.5%) | |
| Price Decreased | |||
| Oct 24, 2024 | Price Decreased |
$599,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Oct 16, 2024 | Price Decreased |
$605,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
Show More
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: AVA CANNON
Jack Lingo - Rehoboth
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# DESU2069514
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Jack Lingo - Rehoboth
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# DESU2069514
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