$370,000
●
Condo -
Off Market
33955 MIDDLETON CIR #7
LEWES, DE 19958
3 Beds
2 Baths
1,550 Ft²
$2,906
Est. Monthly
$1,040
HOA / Fees
3.97%
Cap Rate
About This Property
SEIZE THE DAY and loads of convenience with this first-floor, 3
bedroom, 2 bath Plantations flat! Enjoy an easy, practically
maintenance free, beach lifestyle with single-floor living. This
unit includes a split bedroom floor plan with beautifully
maintained hardwood flooring in the main living area, a private
owner's suite with access to the sunroom - wonderful for sunlit
mornings & golden-hour sunsets. The open living space includes a
spacious & updated brand new kitchen opening into the living room
that flows effortlessly to the dining room; PLUS a recently
replaced HVAC! Great location between Lewes and Rehoboth Beaches
where the fun, dining, shopping, and beaches within easy reach.
Make it your getaway or ideal investment property. Call today!
Unit Size
1,550 Ft²
Days on Market
4 days
Land Size
-
Price per sqft
$245
Property Type
Condo
Property Taxes
$101
HOA Dues
$1,040
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #DESU2057582)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Relisted | $379,900 | |
| Relisted | |||
| Aug 5, 2024 | No longer available | - | |
| No longer available | |||
| Jul 15, 2024 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
With View
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 3
Interior Features: Entry Level Bedroom, Ceiling Fan(s), Carpet, Dining Area, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Walk-in Closet(s), Wood Floors
Appliances: Dishwasher, Disposal, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Flooring Type: Carpet, Hardwood, Tile/Brick, Vinyl
Living Area Square Feet Source: Estimated
Laundry Type: Washer In Unit, Dryer In Unit
Exterior Details
Ownership Interest: Fee Simple
Year Built Source: Estimated
Foundation Details: Block, Crawl Space
Other Structures: Above Grade, Below Grade
Roof: Shingle, Wood
Structure Type: Unit/Flat/Apartment
Window Features: Insulated, Screens
Construction Materials: Stick Built, Cedar
Unit Building Type: Garden 1 - 4 Floors
Building Name: PLANTATION
Outdoor Living Structures: Porch(es)
No Pool
Cleared, Landscaping
Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Lot Size Source: Estimated
Land Assessed Value: $24,500
Finished Square Feet: 1550
Finished Square Feet Source: Estimated
Financial Details
County Tax: $110
County Tax Payment Frequency: Annually
Tax Assessed Value: $24,500
Tax Year: 2023
Tax Annual Amount: $1,207
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Trash, Lawn Maintenance, Common Area Maintenance, Road Maintenance, Snow Removal
HOA/Condo/Coop Amenities: Pool Mem Avail, Common Grounds, Gated Community
HOA Fee: $213
HOA Fee Frequency: Quarterly
Condo/Coop Fee: $826
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/10/2025
|
3 Bed
|
2 Bath
|
1550 ft²
|
$325,000
3 Bed
2 Bath
1550 ft²
|
$320,000
-1.54%
11/26/2025
|
Dustin Oldfather
Compass
| |
|
05/16/2025
|
3 Bed
|
2 Bath
|
1509 ft²
|
$399,900
3 Bed
2 Bath
1509 ft²
|
$345,900
-13.50%
09/23/2025
|
Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
| |
|
05/01/2024
|
3 Bed
|
2 Bath
|
1550 ft²
|
$425,000
3 Bed
2 Bath
1550 ft²
|
$370,000
-12.94%
09/27/2024
|
Lee Ann Wilkinson
BERKSHIRE HATHAWAY HOMESERVICES GALLO-L
| |
|
04/02/2022
|
3 Bed
|
2 Bath
|
1509 ft²
|
$324,900
3 Bed
2 Bath
1509 ft²
|
-
-
|
Vid Lopez
RE/MAX Associates
|
Building Info
About Sussex
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Listed by: Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# DESU2057582
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# DESU2057582
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