21720 B ST
About This Property
Welcome to this nicely updated 3-bedroom, 2-bath mobile home located in the desirable, water-oriented Rehoboth Bay Mobile Home Park. Being sold as-is, this mostly furnished home offers numerous recent updates and an inviting coastal lifestyle. There are lots of possibilities to transform this home into the perfect little beach oasis.
Enjoy relaxing on the screened porch, perfect for morning coffee or evening breezes. Inside, you'll find new laminate flooring throughout the kitchen, living room, and hallways, along with fresh paint and two new bathroom vanities. The kitchen features new appliances, including a microwave, refrigerator, and stove. Two new ceiling fans are included for the bedrooms and are ready for installation.
Rehoboth Bay Mobile Home Park offers exceptional amenities, including a marina, community pool, playground, private beach, and a crabbing dock, all with beautiful views of Rehoboth Bay.
The home does require a new HVAC system, which is reflected in the pricing. Monthly lot rent is low-under $800 per month, and the seller is willing to transfer the current lot rent rate to the new buyer (park approval required).
Don't miss this opportunity to own an affordable, updated home in a sought-after bayfront community-ideal as a primary residence, weekend getaway, or investment property.
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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 20, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 3, 2026 | Price Decreased |
$70,000
↓ $10K
(12.5%) | |
| Price Decreased | |||
| Dec 18, 2025 | Price Decreased |
$80,000
↓ $10K
(11.1%) | |
| Price Decreased | |||
| Dec 13, 2025 | Listed by Jack Lingo - Rehoboth | $90,000 | |
| Listed by Jack Lingo - Rehoboth | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017