$375,000
●
House -
Off Market
23627 QUAIL HOLLOW CIRCLE
LEWES, DE 19958
4 Beds
2 Baths
2,346 Ft²
$2,072
Est. Monthly
$33
HOA / Fees
7.21%
Cap Rate
About This Property
Discover the potential within this spacious 3-bedroom, 2-bathroom
ranch-style home, nestled on a serene corner lot in the highly
sought-after Woods on Herring Creek community. This property offers
a fantastic opportunity to create your dream home in a vibrant
neighborhood. Enjoy the expansive sunroom, perfect for relaxing and
taking in the picturesque wooded backdrop. This one-level living
space provides a comfortable layout, ready for your personal touch.
Residents of this desirable community benefit from low HOA fees and
a wealth of amenities, including a clubhouse, pool, tennis courts,
walking paths, and more. Embrace the chance to customize this home
to your unique style and enjoy the wonderful lifestyle offered by
Woods on Herring Creek.
Unit Size
2,346 Ft²
Days on Market
17 days
Land Size
0.84 acres
Price per sqft
$166
Property Type
House
Property Taxes
$128
HOA Dues
$33
Year Built
1988
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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: 12 months ago (Bright MLS #DESU2082238)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $389,000 | |
| Listed | |||
| | |||
|
Discover the potential within this spacious 3-bedroom, 2-bathroom ranch-style home, nestled on a serene corner lot in the highly sought-after Woods on Herring Creek community. This property offers a fantastic opportunity to create your dream home in a vibrant neighborhood. Enjoy the expansive sunroom, perfect for relaxing and taking in the picturesque wooded backdrop. This one-level living space provides a comfortable layout, ready for your personal touch. Residents of this desirable community benefit from low HOA fees and a wealth of amenities, including a clubhouse, pool, tennis courts, walking paths, and more. Embrace the chance to customize this home to your unique style and enjoy the wonderful lifestyle offered by Woods on Herring Creek.
| |||
| Jul 9, 2019 | No longer available | - | |
| No longer available | |||
| Feb 27, 2019 | Sold | ||
| Sold | |||
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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: Brian K Barrows
Monument Sotheby's International Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2082238
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Monument Sotheby's International Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2082238
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