$550,000
●
House -
Off Market
29249 BAKER ISLAND RD
LEWES, DE 19958
3 Beds
3 Baths,
1
Half Bath
2,594 Ft²
$2,984
Est. Monthly
$185
HOA / Fees
4.77%
Cap Rate
About This Property
CLEARWATER WITH OUTDOOR PATIO AND GAS FIREPLACE! Under
construction and ready for move in late July is this Clearwater
floor plan featuring an amazing outdoor living package that
includes a covered patio and outdoor stone fireplace, This
new two-story home showcases an exquisite design with exceptional
indoor and outdoor living spaces. The first floor features an
open-plan layout among the Great Room, dining room and kitchen, and
an additional living room and powder room at the front of the home.
The owner's suite is situated at the back of the first floor
for added privacy. The second floor hosts a loft that's an ideal
space for entertaining and two secondary bedrooms, which both
feature walk-in closets. Also upstairs is a full bathroom
with dual vanities. The property is located on a great lot in
the Acadia Landing community, known for its charm and
amenities, creating a welcoming and comfortable environment for
residents to call home. PICTURES OF SIMILAR HOME.
Closing incentives available with use of preferred lender,
title, and attorney.
Unit Size
2,594 Ft²
Days on Market
51 days
Land Size
0.19 acres
Price per sqft
$220
Property Type
House
Property Taxes
$7
HOA Dues
$185
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: 3 years ago (Bright MLS #DESU2062382)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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About Sussex
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Listed by: Jaime Hurlock
Long & Foster Real Estate, Inc.
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2062382
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.
Long & Foster Real Estate, Inc.
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2062382
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