323 STAMFORD DRIVE
About This Property
Set on a mature, shaded lot, the property offers privacy and curb appeal in a quiet, established neighborhood. Lovingly maintained over the years, the home retains its original 1970s charm while benefiting from newer appliances and consistent upkeep. Located just minutes from the University of Delaware, downtown Newark, and local parks, this home offers the perfect balance of accessibility and tranquility. Fairfield Development is known for its walkable streets, lush landscaping, and proximity to shopping, dining, and major roadways-making this an ideal location for both convenience and comfort.
Don't miss this opportunity to own a home with timeless appeal and endless potential in one of Newark's most desirable neighborhoods. Schedule your showing today!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Coldwell Banker Premier - Lewes | $475,000 | |
| Listed by Coldwell Banker Premier - Lewes | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017