25 FREEDOM DR
About This Property
region of Dover, just a short drive away from both Wilmington to the north and the coastal
resorts of Lewes and Rehoboth Beach to the south.
This home features a traditional floor plan, but with a modern flare that makes it stand apart
from other homes in the neighborhood. This is one you'll want to visit while it's still available.
Highlights of this featured home include four large bedrooms, two-and-a-half bathrooms, a
family room with wood burning fireplace and a unique step-down family room that leads to the
porch, as well as to the partially wooded fenced back yard with patio.
The spacious kitchen has been completely remodeled and includes new cabinets and
appliances, granite countertops and a large pantry. Other features of this coastal home include new flooring, a new roof and windows, a two-car garage and well maintained landscaping.
Oh, and that 80-inch television in the living room? That comes with the house.
Haven't you waited long enough for a great home in a great location? Don't wait another day
– call and schedule your own private showing of this central Delaware gem today.
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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