20435 SKIPJACK DR
About This Property
Tucked away off Mulberry Road in a serene setting near Arnell Creek and Rehoboth Bay, this home offers a peaceful retreat surrounded by nature. Conveniently located close to pristine beaches, exceptional dining, and vibrant shopping destinations, it perfectly balances relaxation and accessibility.
This home combines elegance and comfort in a spacious layout. With four bedrooms, three-and-a-half baths, and a three-car tandem garage, this popular model is move-in ready.
Step into a welcoming open-concept living area where classic charm meets modern design, featuring a soaring cathedral ceiling, plentiful windows that bathe the space in natural light, and a captivating stone-framed fireplace that serves as the room's impressive centerpiece.
The gourmet kitchen is a chef's delight, featuring an abundance of sleek gray shaker-style cabinets, stainless steel appliances, gas cooking with a vented range hood, a single wall oven, and gleaming quartz countertops. A generous island with a farmhouse sink and gooseneck faucet, complemented by elegant pendant lighting, completes this statement kitchen. Bathed in natural light with a celestial window above, it's both a functional and beautifully designed space perfect for culinary inspiration and gathering. A pantry and large breakfast nook complete the kitchen area. From the breakfast nook, step onto the screened porch-a relaxing haven perfect for al fresco dining, morning coffee, or unwinding with a good book while enjoying the gentle outdoor breezes.
The primary suite is a private retreat, featuring a lighted tray ceiling and a full wall of elegant wainscoting, adding a touch of sophistication. A spacious walk-in closet completes this serene space, offering ample storage and style. The luxurious en suite bath features a frameless shower with floor-to-ceiling tile, a rain showerhead, and stylish finishes, along with dual vanities for added convenience and space.
Additional highlights include a dedicated home office with barn doors for added privacy and a spacious loft for recreation or relaxation. Designer touches are seen throughout the home, including Mohawk RevWood laminate flooring in the foyer, office, kitchen, great room, formal dining room and primary suite, as well as tile floors and surrounds in all baths. Elegant crown molding and wainscoting add a touch of sophistication to the interiors.
Call to schedule your private tour today and request a full brochure detailing the exceptional features of this beautiful home. This is where serene living meets modern luxury-discover it today!
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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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Price Decreased |
$729,900
↓ $30K
(4%) | |
| Price Decreased | |||
| Nov 7, 2024 | Listed by Northrop Realty | $759,900 | |
| Listed by Northrop Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017