29671 RIVERSTONE DRIVE
About This Property
Step inside to a bright and inviting great room where 10-foot ceilings, hardwood floors, and a wall of windows with transoms create an airy, light-filled space. The seamless flow between the living, dining, and kitchen areas makes everyday living and entertaining effortless. A cozy gas fireplace anchors the living room, while the spacious kitchen features an island, granite countertops, tile backsplash, and a large pantry for exceptional storage.
The split-bedroom floor plan provides privacy and flexibility. The generous primary suite offers a relaxing retreat with two walk-in closets and an updated bath featuring a tile shower. On the opposite side of the home, two additional bedrooms and a full bath are complemented by a separate den-perfect for a home office, hobby room, or guest overflow.
Outdoor living is just as inviting. Enjoy morning coffee or evening relaxation on the screened porch with ceiling fan, overlooking a patio area provides the perfect spot for grilling and gathering.
Additional highlights include a 2-car garage with storage, dedicated laundry room, irrigation system with its own well, and a conditioned crawlspace with dehumidifier for added efficiency and peace of mind.
Windstone offers a lifestyle, not just a location. This quiet, well-maintained community features sidewalks, a wooded nature trail, and a resort-style clubhouse with pool, fitness center, and game room. A full calendar of social events and activities creates a true sense of community. HOA services include lawn maintenance, making everyday living easy and carefree.
Ideally located just minutes from downtown Milton (5 miles), Lewes (7 miles), and the Rehoboth Beach boardwalk (11 miles), you'll enjoy convenient access to coastal attractions while coming home to a peaceful setting away from the crowds.
If you've been searching for a home that combines comfort, space, and a connected coastal lifestyle, this one 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