$465,000
●
Condo -
Off Market
260 SEA EAGLE DRIVE #2
REHOBOTH BEACH, DE 19971
2 Beds
2 Baths
1,200 Ft²
$3,424
Est. Monthly
$1,091
HOA / Fees
1.60%
Cap Rate
About This Property
One of the rarest units to come on the market in Eagles Landing in
quite sometime! This practically TURN-KEY unit is a perfect
investment property, beach house and meticulously maintained and
finished unit that is a short bike ride to the beach or downtown
Rehoboth Beach! Featuring LVP flooring throughout, a fully upgraded
kitchen, almost BRAND NEW HVAC system, outside storage unit perfect
for storing beach supplies and a front patio ideal for a fire pit
or grilling and BBQing! What is so striking about this unit is the
fact that everything is located conveniently on the first floor, no
stairs, no hauling luggage or groceries up the stairs. Stay cool in
the summertime with the first floor and enjoy the wood burning
fireplace in the winter months. The location is even better than
most units in the community as it is just steps to all the
amenities Eagles Landing provides, such as 3 pools, tennis courts
and bathhouses. Units like this do not come on the market often,
this is your opportunity to own a beach house before the busy
spring market arrives. Impeccably priced and a ready for a new
owner to enjoy, this unit truly has it all!!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$379
Property Type
Condo
Property Taxes
$98
HOA Dues
$1,091
Year Built
-
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Cap Rate Calculator
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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: 5 months ago (Bright MLS #DESU2078300)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Patterson-Schwartz-OceanView | $455,000 | |
| Listed by Patterson-Schwartz-OceanView | |||
| | |||
|
One of the rarest units to come on the market in Eagles Landing in quite sometime! This practically TURN-KEY unit is a perfect investment property, beach house and meticulously maintained and finished unit that is a short bike ride to the beach or downtown Rehoboth Beach! Featuring LVP flooring throughout, a fully upgraded kitchen, almost BRAND NEW HVAC system, outside storage unit perfect for storing beach supplies and a front patio ideal for a fire pit or grilling and BBQing! What is so striking about this unit is the fact that everything is located conveniently on the first floor, no stairs, no hauling luggage or groceries up the stairs. Stay cool in the summertime with the first floor and enjoy the wood burning fireplace in the winter months. The location is even better than most units in the community as it is just steps to all the amenities Eagles Landing provides, such as 3 pools, tennis courts and bathhouses. Units like this do not come on the market often, this is your opportunity to own a beach house before the busy spring market arrives. Impeccably priced and a ready for a new owner to enjoy, this unit truly has it all!!
| |||
| Jul 4, 2019 | No longer available | - | |
| No longer available | |||
| Apr 1, 2019 | Price Decreased |
$259,900
↓ $4K
(1.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Recessed Lighting, Combination Dining/Living, Floor Plan - Open, Primary Bath(s)
Appliances: Stainless Steel Appliance(s)
Has Fireplace
Fireplace Features: Wood
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1200
Square Footage Source: $0
Property Condition: Excellent
Architectural Style: Unit/Flat
Year Built Source: Estimated
Year Built: 1984
Building Name: NONE AVAILABLE
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Wood Siding
Water Source: Public
Financial Details
Tax Annual Amount: $1,181
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Heat Pump(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Trash, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Pool(s), Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Tennis Court(s), Common Grounds, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
Condo/Coop Fee: $1,091
Condo/Coop Fee Frequency: Quarterly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/29/2026
|
2 Bed
|
2 Bath
|
1156 ft²
|
$499,000
2 Bed
2 Bath
1156 ft²
|
$492,500
-1.30%
04/10/2026
|
Brian Barrows
Monument Sotheby's International Realty
| |
|
03/27/2025
|
2 Bed
|
2 Bath
|
-
|
$459,900
2 Bed
2 Bath
|
$430,000
-6.50%
07/02/2025
|
Andrew Staton
Keller Williams Realty
| |
|
02/04/2025
|
2 Bed
|
2 Bath
|
1200 ft²
|
$455,000
2 Bed
2 Bath
1200 ft²
|
$465,000
+2.20%
03/28/2025
|
JOHN ZACHARIAS
Patterson-Schwartz-OceanView
| |
|
06/07/2024
|
2 Bed
|
2 Bath
|
-
|
$460,000
2 Bed
2 Bath
|
$445,000
-3.26%
08/02/2024
|
AVA CANNON
Jack Lingo - Rehoboth
| |
|
03/21/2024
|
3 Bed
|
2 Bath
|
1480 ft²
|
$575,000
3 Bed
2 Bath
1480 ft²
|
$598,000
+4.00%
05/17/2024
|
Michael McCormick
McWilliams/Ballard, Inc.
| |
|
04/22/2021
|
2 Bed
|
2 Bath
|
1156 ft²
|
$379,000
2 Bed
2 Bath
1156 ft²
|
-
-
|
-
| |
|
11/04/2020
|
2 Bed
|
2 Bath
|
1065 ft²
|
$285,000
2 Bed
2 Bath
1065 ft²
|
-
-
|
-
| |
|
11/04/2020
| |
2 Bed
|
2 Bath
|
-
|
$285,000
2 Bed
2 Bath
|
-
-
|
-
|
|
07/01/2020
|
2 Bed
|
2 Bath
|
-
|
$289,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
08/08/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$252,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
11/14/2018
|
2 Bed
|
2 Bath
|
-
|
$264,000
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
About Sussex
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Listed by: JOHN ZACHARIAS
Patterson-Schwartz-OceanView
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2078300
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Patterson-Schwartz-OceanView
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2078300
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