$561,499
●
House -
For Sale
23561 MALLARD LANE
LEWES, DE 19958
3 Beds
2 Baths
1,608 Ft²
$2,903
Est. Monthly
$67
HOA / Fees
About This Property
Welcome to 23561 Mallard Lane, a tastefully renovated 3 Bedroom, 2
Bath Home on a quiet cul-de-sac in The Cove at Herring Creek. Set
on a wooded 1/2 acre lot with mature trees, this home offers
convenient 1 level living. The open-concept layout provides an easy
flow throughout the living space. The heart of this home is the
updated kitchen with stainless steel appliances, ample cabinetry
and a center island.
The dining area accessible to counter seating and kitchen creates a smooth flow for a casual lifestyle. The two-car garage includes built in cabinets and counter tops for convenient storage. The driveway accommodates multiple vehicles. The Cove at Herring Creek Community is a welcoming neighborhood with a swimming pool, a gazebo on the community pond and numerous resident activities throughout the year.
The dining area accessible to counter seating and kitchen creates a smooth flow for a casual lifestyle. The two-car garage includes built in cabinets and counter tops for convenient storage. The driveway accommodates multiple vehicles. The Cove at Herring Creek Community is a welcoming neighborhood with a swimming pool, a gazebo on the community pond and numerous resident activities throughout the year.
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$349
Property Type
House
Property Taxes
$78
HOA Dues
$67
Year Built
1996
Listed By
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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 months ago (Bright MLS #DESU2120406)
Price History
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached, Garage, Driveway, Asphalt Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Recessed Lighting, Attic, Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Window Treatments
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Ice Maker, Microwave, Self Cleaning Oven, Electric Oven, Stainless Steel Appliance(s), Washer, Water Heater, Energy Efficient Appliances, ENERGY STAR Clothes Washer
Flooring Type: Ceramic Tile, Laminate, Vinyl
Door Features: Six Panel
Exterior Details
Square Footage: 1608
Square Footage Source: $0
Security Features: Smoke Detector(s), Main Entrance Lock
Architectural Style: Raised Ranch
Year Built Source: Assessor
Year Built: 1996
Building Name: NONE AVAILABLE
Builder Model: Ranch
Levels: 1
Other Structures: Above Grade, Below Grade
Window Features: Double Pane Windows, Screens
Construction Materials: Block, Vinyl Siding, Frame
Patio and Porch Features: Deck, Porch
Lot Features: Front Yard, Wooded, Cleared, Cul-De-Sac, Rear Yard, Vegetation Planting, SideYard(s), Landscaping, Premium, No Thru Street
Lot Size Area: 24829
Lot Size Units: Square Feet
Lot Size Acres: 0.57
Lot Size Square Feet: 24829
Water Source: Public
Financial Details
Tax Assessed Value: $446,600
Tax Annual Amount: $940
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Heat Pump(s), Programmable Thermostat
Heating Type: Central, Heat Pump(s), Programmable Thermostat
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal, Maintenance Grounds, Pier/Dock Maintenance, Pool(s)
HOA/Condo/Coop Amenities: Swimming Pool
HOA Fee: $800
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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Closing Price
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HOA + Taxes
About Sussex
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Listed by: Daniel J. Demers
Sell Your Home Services
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# DESU2120406
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.
Sell Your Home Services
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# DESU2120406
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