55
Map
338 CANVASBACK ROAD
About This Property
Step outside to your private oasis, featuring a sparkling personal pool and horseshoe pit, nestled on a half-acre lot that backs to serene woods. The luxury continues in the fully finished basement, designed for entertainment. With updated quartz vanities, a spa-like primary suite, and fresh flooring throughout, this turnkey home offers a true lifestyle upgrade in highly sought-after Middletown, DE. Recent improvements include a new roof (2022), hot water heater (2026), and more! Entry only listing.
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Cap Rate Calculator
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 14, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Price Decreased |
$565,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$570,000
↓ $9K
(1.6%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Sell Your Home Services | $579,000 | |
| Listed by Sell Your Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017