3 THOMPSON COURT
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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%.
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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.
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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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed | $1,399,000 | |
| Listed | |||
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Discover this unique and rarely available carriage home in the coveted community of Canal Corkran conveniently located within walking distance from downtown Rehoboth Beach. Boasting 5 bedrooms and 4.5 baths, this home is designed with an open-concept living space that seamlessly flows into a beautiful screened porch, offering views of the spacious fenced-in backyard. The professionally landscaped yard features matured trees and a beautiful paver patio, perfect for al fresco dining under the stars. Each bedroom offers generous proportions, with three of the five bedrooms featuring private en-suite baths for added comfort and convenience. The thoughtfully designed layout provides ample space for everyone to relax and enjoy casual coastal living. Located just moments from the beach and vibrant energy of downtown, Canal Corkran offers the best of both worlds. Enjoy the community’s private pool or venture out to explore the nearby Junction and Breakwater bike trail, a hidden gem for outdoor enthusiasts. This property presents an exceptional opportunity and value to own a home in one of the area’s most desirable neighborhoods.
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| Oct 6, 2019 | No longer available | - | |
| No longer available | |||
| Jun 28, 2019 | Sold | ||
| Sold | |||
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017