25040 TREEVIEW LANE
About This Property
Perfectly located, this home provides superb proximity to the charming downtown areas of Lewes, Milton, and Rehoboth Beach – putting shopping, dining, and coastal fun just minutes away. Inside, the home features a neutral color palette, timeless finishes, and ample storage throughout, creating an inviting, low-maintenance living space. The outdoor area is equally impressive, with a spacious concrete patio designed for entertaining, complete with a built-in grilling station and engineered for a hot tub. Privacy trees were planted at the rear of the yard (6' in from the back of the property line) and easy maintenance landscape surrounds the patio. Whether you're looking for a weekend getaway or a year-round residence, this home offers the perfect blend of comfort, convenience, and community living!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Sep 24, 2025 | Price Decreased |
$469,900
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Aug 18, 2025 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 5, 2025 | Listed by Jack Lingo - Rehoboth | $499,900 | |
| Listed by Jack Lingo - Rehoboth | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017