$780,000
●
House -
Off Market
2 INLET PL
LEWES, DE 19958
3 Beds
3 Baths,
1
Half Bath
2,218 Ft²
$4,030
Est. Monthly
$200
HOA / Fees
3.54%
Cap Rate
About This Property
Welcome to 2 Inlet Place. This contemporary 3 bedroom with a
loft, 2.5 bathroom home is a short walk downtown Lewes. Enter
the main living area with stunning pond views through the sunroom.
There are beautiful hardwood floors throughout the main
living level, including the primary bedroom. Ascend the
stairs to the second floor where you will find a large loft area, 2
good sized bedrooms and a second full bathroom. Sit in your
sunroom and soak up the warmth all year round as you watch local
wild life in the pond and enjoy Lewes' famous sunset in the
evenings. The composite deck can be partially covered with
removable awnings and is a wonderful place to relax or entertain.
Adjacent to the Junction - Breakwater trail, you can easily
walk or bike into town or the Lewes beaches, hop over to Station on
Kings for seasonal delights, or ride through miles of Cape Henlopen
State Parks nature preserves all the way to Rehoboth Beach.
Call today to set up your private showing of this beautiful
Lewes gem.
Unit Size
2,218 Ft²
Days on Market
36 days
Land Size
0.29 acres
Price per sqft
$352
Property Type
House
Property Taxes
$214
HOA Dues
$200
Year Built
1995
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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 #DESU2059628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Price Decreased |
$780,000
↓ $19K
(2.4%) | |
| Price Decreased | |||
| Apr 15, 2024 | Listed by Monument Sotheby's International Realty | $799,000 | |
| Listed by Monument Sotheby's International Realty | |||
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 Lewes
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Listed by: Jeffrey Hecker
Monument Sotheby's International Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# DESU2059628
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Monument Sotheby's International Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# DESU2059628
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