29512 PATRICK HENRY CIRCLE
About This Property
Beyond the home, enjoy an incredible array of community amenities, including indoor and outdoor pools, a grand clubhouse, pickleball courts, scenic walking trails, and a community garden. Whether you're gathering with friends, staying active, enjoying the outdoors, or simply relaxing at home, this community offers something for everyone. Come discover the comfort, convenience, and vibrant lifestyle awaiting you at 29512 Patrick Henry Circle!
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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 19, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $484,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Listed | $489,000 | |
| Listed | |||
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PROFESSIONAL PHOTOS COMING SOON
Welcome to luxurious living in Independence, Millsboro's premier 55+ active adult community. This meticulously maintained Sanderling model by renowned builder Schell Brothers offers the perfect blend of sophisticated design and carefree living. Step into an open-concept floor plan graced with vaulted ceilings and engineered wood floors throughout. The gourmet kitchen, featuring custom cabinetry and a generous granite island, serves as the heart of this elegant home. Premium finishes include custom Hunter Douglas blinds and plantation shutters, adding both refinement and functionality to every room. The thoughtfully designed exterior showcases classic coastal charm with its welcoming front porch, professional landscaping, and charming window planter box. A private rear deck provides the perfect setting for outdoor relaxation and entertainment. Independence delivers an unparalleled resort-style living experience centered around a magnificent 24,000-square-foot clubhouse. Residents enjoy access to both indoor and outdoor pools, pickleball courts, tennis facilities, and a rejuvenating sauna. The community's extensive amenities include scenic walking trails and a dedicated dog park, while the professional maintenance team ensures pristine lawn care throughout the seasons. The vibrant social calendar, orchestrated by an on-site Activities Director, features diverse programming including yoga sessions, water aerobics, spirited game nights, convivial happy hours, and competitive billiard tournaments. The clubhouse's elegant ballroom and inviting bar and lounge area serve as gathering spaces for the community's active social life. Perfectly positioned near Delaware's coastal attractions, this location offers easy access to Rehoboth Beach, Lewes, and Cape Henlopen State Park. Essential conveniences, including Harris Teeter, Giant Food, and various dining options, are just minutes away. This exceptional property represents the pinnacle of active adult living, where luxury meets lifestyle in perfect harmony.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017