24205 KENT DRIVE
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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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed | $295,000 | |
| Listed | |||
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The renovations have just been completed on this very cute Class C home situated on a just over a 1/2 acre in the Woodlands of Millsboro. The natural light throughout this home is awesome! This home features a split floor plan with 3 bedrooms and 2 full baths that have just been updated, all new LVP flooring throughout and a great new kitchen with granite counters and tile backsplash. Huge open common living areas in the middle of the home provide a very spacious feel. The bedrooms feature good closet space. Both baths have been updated with one including a walk-in tub. Crush stone driveway with a carport. Big storage shed in the yard. Take a look quickly, as this one will not last long!
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Property Highlights
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017