$275,000
●
House -
Off Market
22470 RAVEN CIR
LINCOLN, DE 19960
3 Beds
2 Baths
1,456 Ft²
$1,722
Est. Monthly
$175
HOA / Fees
7.52%
Cap Rate
About This Property
Welcome to this delightful Class C home nestled on a spacious
half-acre lot! This well-maintained residence offers a comfortable
and inviting atmosphere with 3 bedrooms and 2 bathrooms. The open
floor plan features a bright and airy living area, while the
kitchen is both functional and charming, ready for your culinary
adventures. Step outside to enjoy your own private retreat. The
enclosed porch provides a serene spot to unwind, while the deck is
ideal for entertaining or relaxing in the fresh air. Additional
features include a convenient 2-car detached garage and a handy
shed for extra storage. Whether you're hosting gatherings or simply
enjoying the outdoors, this home offers the space and amenities you
need. Don't miss the chance to make this lovely property your own!
Unit Size
1,456 Ft²
Days on Market
22 days
Land Size
0.52 acres
Price per sqft
$216
Property Type
House
Property Taxes
$60
HOA Dues
$175
Year Built
1996
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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 #DESU2069318)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Sep 26, 2024 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 5, 2024 | Listed by Keller Williams Realty Central-Delaware | $330,000 | |
| Listed by Keller Williams Realty Central-Delaware | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Sussex
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Listed by: Casey Gore
Keller Williams Realty Central-Delaware
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2069318
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.
Keller Williams Realty Central-Delaware
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2069318
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