24 BLACKPOOL ROAD
About This Property
Designed for both everyday living and entertaining, the home features an open-concept layout with an updated white kitchen that flows seamlessly into the spacious great room, highlighted by wide plank luxury vinyl flooring and a rare wood-burning fireplace-a cozy and charming feature not often found in coastal homes. Freshly painted throughout in a neutral palette, this home is truly move-in ready and offers timeless appeal with thoughtful updates throughout. The flexible floor plan includes a first-floor office ideal for working from home, while the dining room is currently being used as a comfortable sitting room, offering versatility to suit your lifestyle. Upstairs, the spacious primary suite features custom closet built-ins, every homeowners dream.
Step outside to your own private backyard retreat, where a lovely approximately 15' x 32' in-ground, heated pool is complemented by a large hot tub, expansive deck, patio, and fire pit area-perfect for relaxing summer days, entertaining guests, or enjoying quiet evenings at home. The expansive front porch enhances the welcoming curb appeal and provides yet another inviting outdoor space to enjoy coastal breezes and peaceful surroundings.
Additional features include an oversized two-car garage and a long driveway providing ample parking for family and guests. The large unfinished basement offers tremendous flexibility, whether used for abundant storage, a recreation area, ping pong, or even roller skating in the winter months, with the opportunity to finish the space in the future should additional living space be desired. Recent updates provide peace of mind, including updated appliances and HVAC, along with a roof that is just under 5 years old with a transferable warranty. The gutters have leaf filters with a transferable lifetime warranty. Quality custom home construction also features Anderson windows.
Located just minutes from downtown Rehoboth Beach, this exceptional home allows you to enjoy a quiet residential setting while remaining close to everything the beach lifestyle offers. Walk or bike to town, or explore nearby private club options (with membership) including Rehoboth Beach Country Club and Kings Creek Country Club, both less than two miles away and offering championship golf, pools, fitness centers, tennis, pickleball, dining, and vibrant social activities with private membership.
Just about a mile from dining, outlet shopping, beaches, and the iconic mile-long boardwalk, this prime location offers the rare opportunity to enjoy a peaceful, established neighborhood while remaining close to award-winning restaurants, boutique shopping, and all that makes Rehoboth Beach one of the East Coast's most beloved beach destinations. Move right in and enjoy the perfect blend of classic design, coastal comfort, and exceptional location in one of Rehoboth Beach's most desirable communities.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017