$269,900
↓ $10K (3.6%)
●
House -
For Sale
24212 DURHAM STREET
GEORGETOWN, DE 19947
3 Beds
2 Baths
1,564 Ft²
$1,397
Est. Monthly
$33
HOA / Fees
8.59%
Cap Rate
About This Property
BRAND-NEW SEPTIC SYSTEM IS BEING INSTALLED AT SELLER'S EXPENSE!
Move-in ready and ideally located near Georgetown, Millsboro,
Milton, Lewes, and Rehoboth Beach, this well-maintained home offers
affordable Coastal Delaware living with no ground rent and low HOA
fees. Enjoy a spacious landscaped yard, enclosed rear porch, Trex
side deck, storage shed, and plenty of driveway parking. The roof
was replaced in 2017, and water is included in the HOA fee for
additional value. Perfect as a primary residence, vacation getaway,
or investment property, with most furnishings negotiable for a
turnkey opportunity.
Unit Size
1,564 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$173
Property Type
House
Property Taxes
$38
HOA Dues
$33
Year Built
1996
Listed By
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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: 6 days ago (Bright MLS #DESU2097758)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 22, 2026 | Price Decreased |
$269,900
↓ $10K
(3.6%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$279,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Sep 28, 2025 | Listed by Jack Lingo - Lewes | $299,900 | |
| Listed by Jack Lingo - Lewes | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway, Crushed Stone
Interior Details
Full Bathrooms: 2
Interior Features: Soaking Tub, Breakfast Bar, Kitchen Island, Bathroom - Stall Shower, Bathroom - Tub Shower, Combination Kitchen/Dining, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Window Treatments
Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Gas Oven, Range Hood, Washer, Water Heater
Flooring Type: Carpet
Exterior Details
Square Footage: 1564
Square Footage Source: $0
Security Features: Exterior Cameras, Monitored, Surveillance Sys
Property Condition: Very Good
Architectural Style: Ranch/Rambler
Year Built Source: Assessor
Year Built: 1996
Building Name: NONE AVAILABLE
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Vinyl Siding
Lot Size Area: 12632
Lot Size Units: Square Feet
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Lot Size Dimensions: 100.00 x 130.00
Tax Lot: 83
Water Source: Community
Financial Details
Tax Annual Amount: $453
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump(s)
Sewer : Low Pressure Pipe (LPP)
Location Details
HOA Fee: $400
HOA Fee Frequency: Annually
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: MICHAEL DOMINGUEZ
Jack Lingo - Lewes
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# DESU2097758
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Jack Lingo - Lewes
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# DESU2097758
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