23212 ARGOS CORNER ROAD
About This Property
The private primary suite serves as a true retreat, complete with its own dedicated en-suite bath and a spacious walk-in closet. Enjoy ultimate functionality with a dedicated laundry/mudroom offering direct access to the massive rear yard. Car enthusiasts and hobbyists will love the oversized 2-car detached garage, perfect for a workshop, tools, or vehicle storage.
Ideally located east of Rt. 1, you are just 3 miles south of the Bayhealth Milford Campus, minutes from downtown Milford's historic Riverwalk, and a short drive to Slaughter Beach and the Delaware resort areas. Pristine, move-in condition and unmatched freedom-schedule your tour today!
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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 |
|---|---|---|---|
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by The Parker Group | $299,990 | |
| Listed by The Parker Group | |||
| Aug 8, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | No longer available | - | |
| No longer available | |||
| Jun 9, 2022 | Listed by The Parker Group | $300,000 | |
| Listed by The Parker Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017