33057 SHORT ROAD
About This Property
The open floor plan creates an inviting flow throughout the main living areas, making it easy to gather with family and friends. The kitchen features a brand-new stove and dishwasher, while ceiling fans throughout add comfort and efficiency. The spacious primary suite serves as a relaxing retreat with a soaking tub, separate shower, and plenty of room to unwind at the end of the day.
With additional rooms on multiple levels, there is incredible flexibility to create a home office, hobby space, fitness room, media room, or guest area to fit your lifestyle. The partially finished walk up full basement expands the possibilities even further, offering space for recreation, storage, or future customization.
Step outside and enjoy your own private outdoor setting. The fenced backyard, large patio, and fire pit create the perfect backdrop for entertaining, relaxing evenings, or weekend gatherings with family and friends. A 2-car garage adds everyday convenience and additional storage.
The seller has also taken proactive steps to prepare the home for its next owner, completing both a pre-listing home inspection and the required Class H septic inspection, with any identified items already addressed-providing added confidence for buyers.
With over 3,800 square feet of living space, a spacious lot, and incredible flexibility, this Egret Estates property offers the opportunity to enjoy comfortable living in a desirable Lewes location while making the space 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.
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017