19405 SAFFLOWER WAY
About This Property
on a premier wooded homesite in Cardinal Grove, an intimate community of just 98 residences.
Offering privacy, abundant natural light and an impressive array of upgrades, this 3-bedroom,
2-bath home also features a spacious finished loft-perfect for a home office, den, guest space
or additional living area. An abundance of windows across the rear of the home brings the
beauty of the wooded setting and tons of natural sunlight indoors. The thoughtfully designed
split-bedroom floor plan places the guest bedrooms at the front of the home while the private
primary suite is tucked away at the rear. The inviting living area features a natural gas fireplace,
while upgraded flooring, countertops and plantation shutters add style and sophistication
throughout. Enjoy year-round outdoor living from the screened porch overlooking the private
backyard, complete with fencing, irrigation, a well, and a paver patio with built-in fire
pit-perfect for relaxing or entertaining. A spacious 2-car garage provides ample room for
vehicles and storage, while the large walk-in attic offers exceptional storage and the exciting
potential to be finished for additional living space. Cardinal Grove amenities include a
community pool, community center and walking paths, with lawn care included in the low
$225/month HOA fee. Conveniently located just minutes from downtown Lewes and Rehoboth
Beach, with an abundance of shopping, dining and entertainment nearby. This exceptional
home combines privacy, thoughtful design, upgrades and an easy coastal lifestyle-truly a must
see!
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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 |
|---|---|---|---|
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $645,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $529,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017