32077 DEAN STREET
About This Property
Inside, a spacious foyer and warm wood-style flooring flow into the open-concept great room, dining area, and kitchen. The kitchen features white cabinetry, granite countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a comfortable retreat with natural light, a dual-sink vanity, and a glass-enclosed walk-in shower. Additional bedrooms provide flexibility for guests, hobbies, or a home office. Downstairs, the finished basement expands the living space with a wet bar, custom built-in storage, and extra room for fitness, relaxing, or overnight guests. Step outside to enjoy the rear deck and open backyard views, perfect for relaxing, dining al fresco, or enjoying the neighborhood setting. Lewes Crossing residents enjoy access to excellent community amenities, including a clubhouse, fitness center, outdoor pool, and the Breakwater Junction trail. Conveniently situated just minutes away from historic downtown Lewes, its beautiful beaches, scenic trails, shopping, and fabulous dining. If you're looking for a home with main-level living, an open floor plan, updated kitchen finishes, finished basement space, and outdoor entertaining areas, this home is for you.
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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