216 W SHORE DR
About This Property
This featured home rests in the desirable Wagamons West Shore community of Milton and is just a short drive on Delaware Route 1 from the First State's premier coastal resorts of Lewes and Rehoboth Beach.
A commanding presence in terms of curb appeal, this four bedroom, two and a half bathroom home spans more than 2,500-square-feet and boasts a large backyard with an inviting deck that's perfect for entertaining during the warm weather season at the Delaware beaches. Inside features of the home include hardwood floors in several areas, as well as cathedral ceilings and a gas fireplace in a living area which glows with natural light and provides a warm, cozy feeling to the home. An open kitchen with center island opens up onto the back deck and the spacious backyard, backing up to the beautiful wooded community trail.
Other highlights of this Milton home include first floor office, multiple ceiling fans, walk-in closets, unfinished basement, plenty of extra storage space, a spacious owner's suite and a two-car garage.
Wagamons West Shore backs up to the relatively new Rails to Trails extension, providing easy access to the Dogfish Head Brewery, as well as downtown Milton and all that this charming coastal Delaware town has to offer.
Why wait another day? Schedule your own private showing of this beautiful Milton-area home today!
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 |
|---|---|---|---|
| Jun 27, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | In contract | - | |
| In contract | |||
| May 19, 2023 | Price Decreased |
$450,000
↓ $50K
(10%) | |
| Price Decreased | |||
| May 7, 2023 | Relisted | $499,999 | |
| Relisted | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017