$877,451
●
House -
Off Market
33405 DOWNING CIR #LOT86
LEWES, DE 19958
4 Beds
5 Baths,
1
Half Bath
5,141 Ft²
$695,473
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Marsh Island is a new Schell Brothers community with direct access
to Love Creek and the Rehoboth Bay (formally Marsh Island Golf
Course). Enjoy waterfront access from existing community dock with
four boat slips that can be used for kayaking/fishing/ crabbing to
Love Creek and the Rehoboth Bay and the variety of community
amenities including clubhouse with fitness center, outdoor pools,
outdoor covered porch overlooking the pool and water views, outdoor
covered lounge with bar, stone fireplace & grill, fenced in
playground and walking paths. The Kingfisher plan is a two-story
home with a first-floor owners suite, study and open floorplan. 2nd
floor offers 2 bedrooms, loft and bonus room. Options are available
to personalize layout with additional bedrooms, baths and outdoor
living spaces including a beautiful courtyard. **This home is
a to be built. Models/office are by appointment only.*****
*See Website for most accurate pricing*
Unit Size
5,141 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$131
Property Type
House
Property Taxes
-
HOA Dues
$183
Year Built
2022
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 years ago (Bright MLS #DESU2037680)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2023 | Listed by Coldwell Banker Realty | $674,900 | |
| Listed by Coldwell Banker Realty | |||
| Dec 30, 2022 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Sussex
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Listed by: COURTNEY BOULOUCON
Coldwell Banker Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2037680
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Coldwell Banker Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2037680
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017