33759 CATCHING COVE CT
About This Property
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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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Dec 14, 2023 | Listed by RE/MAX Realty Group Rehoboth | $620,970 | |
| Listed by RE/MAX Realty Group Rehoboth | |||
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The Nautilus offers plenty of space for the family guests in a smaller overall square footage. With included features already incorporated such as a covered porch, 3 bedrooms, 2 and a half bathrooms, and a mudroom right off the garage. Catching Cove will feature 24 low maintenance single family homes in a condo regime with privacy in the rear yard and conveniently located East of Rt 1 in Lewes. Each homesite backs up to the community landscape buffer so you can enjoy outdoor living. Most exterior maintenance will be included by the association so you can spend your time doing what you enjoy most.
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017