33641 WOODLAND CIRCLE
About This Property
A standout feature is the incredible outdoor living space, including a spacious front porch and a newly added screened porch (2025), providing the perfect setting to enjoy your morning coffee, host friends, or unwind after a day on the water.
Inside, you'll find a thoughtfully designed layout featuring three bedrooms, each with its own full bathroom, making the home ideal for guests or multigenerational living. The bright and open living spaces flow seamlessly into the kitchen and dining areas, creating a warm and welcoming atmosphere.
Enjoy peace of mind with major updates already completed, including a brand-new roof and hot water heater, both installed in 2025.
Living in Angola by the Bay means embracing a true coastal lifestyle. This gated waterfront community offers low HOA fees and an impressive lineup of amenities, including a marina with boat ramp, swimming pool, clubhouse, playground, bocce ball courts, and community docks where you can crab, fish, or simply take in the tranquil water views. Just a short drive from the Delaware beaches, shopping, dining, and state parks, this home is the perfect opportunity to enjoy everything the coastal Delaware lifestyle has to offer.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017