20007 SANDY BOTTOM CIRCLE #4303
About This Property
Located in an elevator building, this top-floor, fully furnished condo offers privacy, abundant natural light, and peaceful pond views-perfect for everyday living or an easy coastal getaway.
BACK ON MARKET DUE TO NO FAULT OF SELLERS
The open floor plan creates a comfortable flow for gathering and entertaining. The great room opens to a private balcony overlooking the water, an inviting place for morning coffee or unwinding at the end of the day. The kitchen features a breakfast bar that keeps everyone connected, whether hosting guests or enjoying a quiet evening at home.
Additional highlights include hardwood and ceramic tile flooring, freshly painted interiors, and updated HVAC and hot water heater, providing both comfort and peace of mind.
Being offered fully furnished, this property allows for a seamless transition-ideal as a primary residence, coastal retreat, or investment opportunity.
Rental flexibility:
• Short-term rentals permitted (7-day minimum) May 15 – September 15
• Shorter stays allowed outside those dates
• No restrictions on annual rentals
Residents of The Tides enjoy a beautifully landscaped pool, hot tub, secure gated entry, and direct access to the Junction & Breakwater Trail, providing easy biking or walking access to both Rehoboth Beach and Lewes.
With its prime location, flexible rental options, and turnkey condition, this home offers the opportunity to start enjoying the best of coastal Delaware living from day one.
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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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Relisted | $475,000 | |
| Relisted | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/13/2026
|
2 Bed
|
2 Bath
|
1096 ft²
|
$495,000
2 Bed
2 Bath
1096 ft²
|
$453,000
-8.48%
06/18/2026
|
Barbara Morales
Keller Williams Realty - Washington Township
| |
|
10/22/2025
|
2 Bed
|
2 Bath
|
1096 ft²
|
$524,900
2 Bed
2 Bath
1096 ft²
|
$455,000
-13.32%
06/05/2026
|
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
| |
|
06/05/2025
|
2 Bed
|
2 Bath
|
1120 ft²
|
$549,900
2 Bed
2 Bath
1120 ft²
|
$530,000
-3.62%
10/17/2025
|
Andrew Staton
Keller Williams Realty
| |
|
12/11/2021
|
2 Bed
|
2 Bath
|
1120 ft²
|
$410,000
2 Bed
2 Bath
1120 ft²
|
$420,000
+2.44%
01/20/2022
|
Stephanie Bray
BERKSHIRE HATHAWAY HOMESERVICES GALLO-B
| |
|
10/20/2020
|
2 Bed
|
2 Bath
|
1120 ft²
|
$329,900
2 Bed
2 Bath
1120 ft²
|
-
-
|
-
| |
|
03/22/2019
|
2 Bed
|
2 Bath
|
1120 ft²
|
$315,000
2 Bed
2 Bath
1120 ft²
|
-
-
|
-
|
Building Info
About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017