$840,000
●
House -
Off Market
206 OCEAN VIEW BLVD
LEWES, DE 19958
4 Beds
3 Baths,
1
Half Bath
2,800 Ft²
$4,309
Est. Monthly
$135
HOA / Fees
3.34%
Cap Rate
About This Property
Home is listed at $15,000 below appraised value!!
Welcome to 206 Ocean View Blvd in the popular community of Pilottown Village. Walk or bike to the town of Lewes, the beaches, state park, restaurants and so much more. This beautiful home, with its open floor plan, offers a large first floor owner suite as well as three additional bedrooms on the second level and a bonus room. The sunroom located off of the kitchen will no doubt be a favorite. The corner lot and oversized front porch will certainly catch your eye when you tour this gorgeous home and property. It truly has so much to offer.....plus....location, location, location! Come see for yourself!
Welcome to 206 Ocean View Blvd in the popular community of Pilottown Village. Walk or bike to the town of Lewes, the beaches, state park, restaurants and so much more. This beautiful home, with its open floor plan, offers a large first floor owner suite as well as three additional bedrooms on the second level and a bonus room. The sunroom located off of the kitchen will no doubt be a favorite. The corner lot and oversized front porch will certainly catch your eye when you tour this gorgeous home and property. It truly has so much to offer.....plus....location, location, location! Come see for yourself!
Unit Size
2,800 Ft²
Days on Market
71 days
Land Size
0.24 acres
Price per sqft
$304
Property Type
House
Property Taxes
$116
HOA Dues
$135
Year Built
2000
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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 #DESU2059106)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| May 3, 2024 | Price Decreased |
$875,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Mar 29, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $885,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Lewes
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Listed by: Stephanie Bray
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2059106
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2059106
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