203 CHANDLER STREET
About This Property
Enjoy historic Milton living in this custom-built home, on a 3/4 acre lot overlooking the scenic Broadkill River! Ideally situated within walking distance of downtown restaurants, shops, the local theater, library, park, and summer concerts, this exceptional property offers a combination of small-town charm, beautiful water views, and distinctive features There are boat slips directly across from the home, the owner previously rented one. The new owner has the opportunity to join the waiting list with town of Milton for a slip.
Designed for comfort and convenience, the home features an elevator providing access between the lower and main levels, spacious living areas, a welcoming foyer, dedicated home office, and an open living, dining, and kitchen area. The well-appointed kitchen offers a large walk-in pantry, while the adjacent laundry room provides convenient access to the deck and backyard. Two inviting front porches offer beautiful views of the Broadkill River, creating the perfect setting to enjoy morning coffee, evening sunsets, and Milton's seasonal beauty.
The lower level features a four-car garage, abundant storage, and additional flexible space with an exterior entrance. The upper-level flex space, complete with a full bath, offers possibilities for a recreation room, fitness area, hobby space, or guest accommodations. Outside, enjoy a private, fenced backyard with mature landscaping, a paver patio, and a separate bluestone patio. Additional features include a whole-house generator and irrigation system.
With its custom construction, elevator, exceptional garage space, versatile living areas, and desirable location near the river and downtown Milton, this property offers a unique opportunity to enjoy the best of coastal Delaware living.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 17, 2026 | In contract | - | |
| In contract | |||
| Oct 14, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $874,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Nov 16, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017