$535,000
●
House -
Off Market
23185 LAKEVIEW DRIVE
MILLSBORO, DE 19966
3 Beds
2 Baths,
1
Half Bath
1,925 Ft²
$2,806
Est. Monthly
$17
HOA / Fees
About This Property
Welcome to this charming waterfront ranch-style home in Millsboro,
DE! This lovely property offers 3 bedrooms and 2.5 bathrooms. The
home features a spacious layout conveniently located all on one
level. Enjoy the tranquility of waterfront living with your own
private dock, ideal for boating and relaxation. The outdoor space
is enhanced by an enclosed porch with easy slide down windows to
allow the cool breeze inside, providing ample opportunity for
outdoor entertaining and taking in the beautiful water views.
Inside, the home boasts a cozy fireplace, adding warmth and
ambiance to the living space. The layout flows seamlessly from the
welcoming entryway to the spacious living areas, making it perfect
for everyday living and hosting guests. Don't miss your chance to
own this wonderful waterfront retreat in desirable Millsboro, DE.
Experience the peaceful lifestyle this property has to offer and
make it yours today!
Unit Size
1,925 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$285
Property Type
House
Property Taxes
$93
HOA Dues
$17
Year Built
1992
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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: 5 months ago (Bright MLS #DESU2071330)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Patterson-Schwartz-Rehoboth | $549,000 | |
| Listed by Patterson-Schwartz-Rehoboth | |||
| | |||
|
Welcome to this charming waterfront ranch-style home in Millsboro, DE! This lovely property offers 3 bedrooms and 2.5 bathrooms. The home features a spacious layout conveniently located all on one level. Enjoy the tranquility of waterfront living with your own private dock, ideal for boating and relaxation. The outdoor space is enhanced by an enclosed porch with easy slide down windows to allow the cool breeze inside, providing ample opportunity for outdoor entertaining and taking in the beautiful water views. Inside, the home boasts a cozy fireplace, adding warmth and ambiance to the living space. The layout flows seamlessly from the welcoming entryway to the spacious living areas, making it perfect for everyday living and hosting guests. Don't miss your chance to own this wonderful waterfront retreat in desirable Millsboro, DE. Experience the peaceful lifestyle this property has to offer and make it yours today!
| |||
| Oct 20, 2016 | Sold | ||
| Sold | |||
| Jul 6, 2016 | Listed by Patterson-Schwartz-Rehoboth | $359,000 | |
| Listed by Patterson-Schwartz-Rehoboth | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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: JAMIE COLEMAN
Patterson-Schwartz-Rehoboth
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# DESU2071330
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.
Patterson-Schwartz-Rehoboth
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# DESU2071330
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