34 BLACKWOOD DRIVE
About This Property
Nestled in the sought-after Lochwood community in Lewes, this beautifully appointed 3-bedroom, 2-bathroom home . Step inside and be immediately drawn into the home's inviting open floor plan, where natural light flows effortlessly from the living room through the dining area and into a well-appointed kitchen. The primary suite is largely sized with an incredible en suite bathroom with soaking tub, custom walk in shower with river rock tile, dual vanity and more. Two additional bedrooms offer flexible space for guests, a home office, or whatever life demands, all served by a well-designed second full bath. Upstairs is a massive unfinished space that runs the length of the home and could easily be finished into additional bedrooms, office or more. Outside, the large, fully fenced backyard is your private oasis - an ideal setting for weekend gatherings, letting the dog run free, or simply unwinding under the Delaware sky. Plenty of room to add a pool, shed, garden beds and more!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017