23735 WOODS DRIVE
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Listed by The Parker Group | $529,000 | |
| Listed by The Parker Group | |||
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Tucked away on a wooded 0.76-acre lot in the peaceful community of Woods on Herring Creek, this five-bedroom, three-bath home offers a rare sense of privacy, space, and connection to nature.
A welcoming front entry leads you into a thoughtfully designed interior featuring beautiful hardwood flooring, vaulted ceilings, and comfortable living spaces that feel both open and inviting. The kitchen offers crisp white cabinetry, Corian countertops, a classic subway tile backsplash, a movable center island, and plenty of room for casual dining. From the kitchen, the home flows into a spacious main living area anchored by a cozy wood-burning fireplace. A formal dining room provides additional space for hosting, while the adjoining screened porch and rear deck make it easy to enjoy quiet mornings, evening meals, or the calming view of the surrounding trees.
The first floor offers exceptional flexibility, including an owner’s suite with a private en suite bathroom and an additional bedroom located near a full hall bathroom. Upstairs, a glass door helps create a quieter, more private retreat. Three additional rooms can be used as bedrooms, guest accommodations, a home office, media room, or hobby space, allowing the home to adapt easily to your needs.
Outdoor living is one of the home’s most memorable features. The expansive screened porch features wood flooring and overlooks a private, tree-lined setting, while the large rear deck offers even more room to relax, entertain, and enjoy the natural surroundings.
Residents of Woods on Herring Creek also enjoy access to a community pool, pavilion, tennis courts, open recreation fields, and scenic nature trails leading toward Herring Creek. Located in the Cape Henlopen School District, the home is also within easy reach of downtown Lewes, the Lewes-Rehoboth Canal, tax-free shopping, and Delaware’s coastal beaches.
This peaceful and versatile coastal retreat could be yours—schedule your tour today!
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| Jun 21, 2026 | Relisted | $528,900 | |
| Relisted | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017