$910,000
●
House -
Off Market
20794 RODNEY DR
REHOBOTH BEACH, DE 19971
4 Beds
3 Baths
3,544 Ft²
$4,757
Est. Monthly
$244
HOA / Fees
2.95%
Cap Rate
About This Property
Welcome to 20794 Rodney Drive! Located in the amenity rich, gated
community of Sawgrass, this 4
bedroom, 3 bath home is ideal for full time residents or those seeking a weekend retreat. The open
floorplan features a 2 story foyer, formal dining room, great room with shiplap fireplace, kitchen with large
granite island and breakfast area. Enjoy your morning coffee in the sunroom, relax on the screened porch
or host a gathering on the large paver patio. The first floor also has the owners suite, a guest bedroom
(currently set up as an office), full bath, laundry, and pantry. The second floor has 2 additional bedrooms,
full bath & big walk-in attic that can be finished as a 5th bedroom. Sawgrass is perfectly situated between
the beaches of Lewes & Rehoboth and boasts 2 pools, 2 clubhouses, 2 fitness centers, tennis, pickleball,
basketball, bocce, billiards and more! Lawn maintenance is also included. Built by Schell Brothers, the 2023
National Builder of the Year. All furnishings also available for sale.
bedroom, 3 bath home is ideal for full time residents or those seeking a weekend retreat. The open
floorplan features a 2 story foyer, formal dining room, great room with shiplap fireplace, kitchen with large
granite island and breakfast area. Enjoy your morning coffee in the sunroom, relax on the screened porch
or host a gathering on the large paver patio. The first floor also has the owners suite, a guest bedroom
(currently set up as an office), full bath, laundry, and pantry. The second floor has 2 additional bedrooms,
full bath & big walk-in attic that can be finished as a 5th bedroom. Sawgrass is perfectly situated between
the beaches of Lewes & Rehoboth and boasts 2 pools, 2 clubhouses, 2 fitness centers, tennis, pickleball,
basketball, bocce, billiards and more! Lawn maintenance is also included. Built by Schell Brothers, the 2023
National Builder of the Year. All furnishings also available for sale.
Unit Size
3,544 Ft²
Days on Market
32 days
Land Size
0.23 acres
Price per sqft
$259
Property Type
House
Property Taxes
$205
HOA Dues
$244
Year Built
2020
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Cap Rate Calculator
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Cap Rate
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: 2 years ago (Bright MLS #DESU2070616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Price Decreased |
$919,000
↓ $16K
(1.7%) | |
| Price Decreased | |||
| Oct 10, 2024 | Price Decreased |
$935,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Sep 16, 2024 | Listed by Sell Your Home Services | $950,000 | |
| Listed by Sell Your Home Services | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sussex
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Listed by: Daniel Demers
Sell Your Home Services
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# DESU2070616
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Sell Your Home Services
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# DESU2070616
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