33766 CATCHING COVE CT LOT 23
About This Property
Catching Cove is conveniently located on Savannah Road, east of Route One, just outside the city limits of Lewes. This intimate community of 24 homes offers residents a completely maintenance-free lifestyle where you can bike into town to dine at local restaurants and enjoy historic Lewes. Founded in 2006, this family-owned and operated local builder is committed to building quality customized homes throughout Sussex County. Call today to request a full list of Capstone's standard features, upgrades and floor plan.
*Incentives and pricing may change at any time. Transfer tax and impact fee coverage when paying cash or using the preferred lender. (name of floorplan) base price. Capstone Homes - Guiding you home, every step of the way.
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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 17, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$714,990
↓ $25K
(3.4%) | |
| Price Decreased | |||
| Jun 2, 2026 | Price Decreased |
$739,990
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Mar 4, 2026 | Price Decreased |
$749,990
↓ $20K
(2.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Sussex
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$2,200 /mo
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$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017