33301 MURRAY ROAD
About This Property
Every major component has been updated, including a new roof, HVAC system, water heater, kitchen, bathrooms, luxury vinyl plank flooring, and LED recessed lighting throughout, allowing you to move in with confidence. The thoughtfully designed floor plan features a spacious primary suite with a private ensuite bath, two additional guest bedrooms, and a versatile flex room that can easily serve as a home office, den, playroom, or guest space.
At the heart of the home is a stunning kitchen featuring quartz countertops, solid wood soft-close cabinetry, a pantry, and a full suite of Frigidaire stainless steel appliances. The beautifully appointed bathrooms continue the upscale finishes with quartz countertops, solid wood soft-close vanities, tiled showers with built-in niches, and sleek glass sliding doors.
Situated on nearly a half-acre along a quiet country road surrounded by picturesque farmland, this property offers the privacy and tranquility that's becoming increasingly difficult to find. The generous lot provides ample space for a future pole building, detached garage, workshop, RV, boat, or expanded outdoor living area.
With no HOA and only county restrictions, you'll enjoy the freedom to truly make the property your own while remaining just minutes from Delaware's award-winning beaches, shopping, dining, and everyday conveniences. Even better, annual property taxes are just $531, making ownership even more affordable.
A property offering this level of renovation, nearly a half-acre of land, exceptionally low property taxes, and no HOA this close to the Delaware beaches is a rare opportunity. Call today to learn more!
*Photos are virtually staged*
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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 25, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Relisted | $335,000 | |
| Relisted | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Relisted | $335,000 | |
| Relisted | |||
| Aug 17, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017