29575 FIELDSTONE DRIVE
About This Property
Step inside to a light-filled open layout where the living, dining, and kitchen areas come together seamlessly. The kitchen stands out with a central island, generous cabinetry, and direct access to the covered deck - the perfect spot to relax or entertain while overlooking the water.
The spacious primary suite is tucked away for privacy, featuring a walk-in closet and private bath. Two additional bedrooms, both filled with natural light, offer flexibility for guests, a home office, or hobbies.
Set on a manageable 0.17-acre lot, this property is ideal for those who want to enjoy their home without constant upkeep. Windstone's amenities include a clubhouse, fitness center, and resort-style pool, plus lawn care included through the HOA - giving you more time to enjoy coastal Delaware.
Located just minutes from downtown Milton and a short drive to Lewes, Rehoboth Beach, and Cape Henlopen State Park, this home offers the best of small-town charm and coastal adventure.
Whether you're downsizing, investing in a vacation spot, or looking for your next chapter, this Windstone gem checks all the boxes.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017