24122 BUNTING CIRCLE
About This Property
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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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Dec 24, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Price Decreased |
$809,900
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed by RE/MAX Realty Group Rehoboth | $829,900 | |
| Listed by RE/MAX Realty Group Rehoboth | |||
| | |||
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Discover coastal living at its finest in this stunning 4 bedroom, 4 ½ bathroom home that perfectly balances comfort with convenience. Spanning 3,600 square feet, this thoughtfully designed residence offers ample space for both relaxation and entertainment. Step into a chef's dream kitchen that serves as the heart of the home, featuring premium appliances and ample workspace for culinary adventures. Perfect for hosting elaborate dinner parties, this kitchen delivers both form and function with remarkable flair. Each of the four generously sized bedrooms features its own private bathroom, creating personal retreats for every family member. This design makes the home ideal for multi-generational living. Additional home features include, gas fireplace, screened porch, pond view, wainscoting and more. Community amenities elevate the living experience significantly. Residents enjoy access to an outdoor swimming pool, perfect for summer relaxation, pickleball courts, exercise room for maintaining fitness goals, tot lot and a convenient kayak launch. Historic Lewes and The famous Rehoboth Beach Boardwalk are just minutes away, offering world-class dining, shopping, and entertainment options.
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| Jun 22, 2025 | Price Decreased |
$849,900
↓ $25K
(2.9%) | |
| Price Decreased | |||
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017