317 LIGHTSHIP LN
About This Property
Step into the spacious living room, featuring high ceilings and a floor-to-ceiling stone surround fireplace with built-ins, perfect for cozy gatherings. The formal dining room is adorned with chair rail and crown molding, providing an elegant setting for entertaining guests.
The gourmet kitchen is a chef's dream, equipped with granite countertops, a gas stove, wall oven with microwave, and a convenient pantry. The kitchen flows seamlessly into the sunroom, offering a bright and airy space to relax and enjoy your morning coffee.
The main floor primary suite is a true retreat, featuring a large walk-in closet and a luxurious ensuite bath with a soaking tub and stall shower. Additionally, the main floor hosts a half bath in the foyer and a separate laundry room for added convenience.
Upstairs, you'll find a second primary bedroom with a walk-in closet and a stylish stall tile shower. The second floor also includes a large loft area, an additional full bath, and two more spacious bedrooms. Ample storage spaces are thoughtfully integrated throughout the home.
Enjoy outdoor living on the covered front and rear porches, or unwind on the back patio. The outdoor shower is perfect for rinsing off after a day at the beach. The paver driveway and attached garage provide ample parking and storage.
This exceptional home is just minutes from historic downtown Lewes, the Canalfront Park and Marina, Ball Park, shops, dining, local beaches, and more. Experience the best of coastal living with the numerous amenities and attractions nearby. Don't miss the opportunity to make this luxurious coastal home your own!
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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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | Listed by Keller Williams Realty | $1,150,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017