20763 RODNEY DRIVE
About This Property
A welcoming front porch sets the tone as you step inside the open-concept floor plan, featuring soaring vaulted ceilings, abundant natural light, and a spacious great room centered around a gas fireplace. The renovated kitchen serves as the heart of the home with quartz countertops, an attractive tile backsplash, counter-height island seating, induction cooking, a vent hood, an impressive pantry, and an extended buffet area that flows naturally into the dining space-perfect for entertaining or everyday living.
Just beyond the main living area, the sunroom extension provides another comfortable space to gather while overlooking tranquil pond and wooded views.
The first-floor owner's suite offers convenience and privacy with two walk-in closets and a spacious bathroom retreat. Also located on the main level is a dedicated office or den, along with a convenient powder room for guests.
Upstairs, you'll discover an enormous finished bonus area currently functioning as a family room, craft space, and exercise area-large enough to comfortably accommodate multiple uses at once. The second floor also features a private guest suite, additional bedroom, and another full bathroom, creating an ideal layout for family and visitors.
Outdoor living is equally inviting with a large paver patio overlooking natural surroundings, offering beautiful views and a peaceful setting throughout the seasons.
Residents of Sawgrass enjoy exceptional amenities, including two clubhouses, two fitness centers, outdoor pools, a children's pool, tennis courts, pickleball, basketball, sidewalks, open green space, and beautifully maintained surroundings-all within a gated community just minutes from downtown Rehoboth Beach, shopping, restaurants, and area beaches.
Whether you are searching for a primary residence, second home, or property designed for hosting family and friends, this home offers generous space, thoughtful updates, and an exceptional lifestyle in one of Rehoboth Beach's most sought-after communities.
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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 |
|---|---|---|---|
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Price Decreased |
$825,000
↓ $24K
(2.8%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by Monument Sotheby's International Realty | $849,000 | |
| Listed by Monument Sotheby's International Realty | |||
| Feb 9, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017