33751 CATCHING COVE CT
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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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2023 | Listed by RE/MAX Realty Group Rehoboth | $789,770 | |
| Listed by RE/MAX Realty Group Rehoboth | |||
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NEW CONSTRUCTION HOME to be built by award winning local home builder, Capstone Homes in the picturesque community of Catching Cove. This community consists of just 24 single-family homes located within walking distance to the bike trail on Savannah Road, 2 miles to dining and shops on Second Street and 3 miles to Lewes Beach. Conveniently located in the highly sought-after East of Rt 1 area of Lewes. Carefully designed to reflect the unique needs and preferences of modern families, with customizable floor plans available to ensure that your home is tailored to your individual style. This award-winning builder understands that the home building process can be overwhelming, which is why they offer a state-of-the-art showroom to help you make your design choices with confidence. From flooring to fixtures, you can choose from a range of premium finishes and materials to make your home truly personalized to your wishes. Each of these charming homes focuses towards the community landscaped buffer in the rear, providing a serene oasis and offering residents the opportunity to enjoy the natural surroundings in peace, tranquility and privacy. At Catching Cove, you will enjoy an unparalleled maintenance free living experience. Lawn care, exterior home maintenance, irrigation, common area maintenance, and trash service will be taken care of by the association, leaving residents free to concentrate on the things that matter to them most. Don't miss your chance to experience the joy of new-construction living at Catching Cove. The Admiral - starting at $689,990 is a two-story 2,640+ square foot home with many opportunities to personalize. With a spacious kitchen, great room, dining room, 3 bedrooms, loft/retreat area, 2 full baths and powder room. Customize this floorplan with the the help of a Certified Design Consultant at Capstone's state-of-the-art Design Studio. Book a tour today and discover the perfect home for you and your family.
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017