28736 STOCKLEY ROAD
About This Property
Welcome home to this beautifully appointed 3-bedroom, 2-bathroom rancher nestled on over an acre in an intimate, soon-to-be 5-home subdivision on Stockley Rd.
Step inside to a bright and inviting living room that flows seamlessly into the dining area and kitchen, anchored by a cozy wood-burning fireplace - perfect for relaxing evenings at home. Beyond that, an oversized bonus family room bathes the space in natural light, offering endless possibilities for how you use it. The thoughtful floor plan also includes a dedicated office or den, and the generously sized bedrooms and two full bathrooms have all been nicely updated. An attached oversized 2-car garage rounds out the interior. Outside, a large deck provides the ideal backdrop for entertaining, while a handy storage shed keeps everything organized. Best of all - the hard work is already done, with fresh paint throughout, plus a brand-new septic system and well. As part of a small, private subdivision with low restrictions, you'll have the freedom to truly make this property your own - think pool, detached garage, pole barn, and more. Your dream oasis awaits! Less than 3 miles to the New Bike Trail Park on Coolspring Rd, as well as 20 minutes to Downtown Lewes and the Beach, you have easy accessibility to everything!
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$409,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Oct 6, 2026 | Relisted | $419,900 | |
| Relisted | |||
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Price Decreased |
$419,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$429,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017