30823 DOGWOOD DRIVE
About This Property
This waterfront home in Broad Creek Estates in Laurel, Delaware, offers a rare blend of serene natural beauty and historic small-town charm. As a primary tributary of the Nanticoke River, the creek serves as a scenic backdrop for residential living. This home sits on a larger lot (.68 acre) with an expansive creek view from the large sunroom, hardscaping, patio/deck designed for viewing local wildlife like bald eagles and ospreys.
The nearby town of Laurel itself is undergoing a "Reimagine Laurel" revitalization effort, including the development of The Ramble, a waterfront redevelopment plan that enhances public paths and parks along the creek. Residents can enjoy easy access to local landmarks like Tidewater Park and dining spots like Abbott's on Broad Creek and several other local eateries.
The primary features of the home include a fishing/boating dock, huge backyard with two sheds, extensive hardscaping, one story living and a home ready for your personal touches to make it your own.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by ERA Martin Associates | $550,000 | |
| Listed by ERA Martin Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017