$195,000
●
House -
Off Market
34050 ARROWHEAD LN
LEWES, DE 19958
3 Beds
1 Bath
1,000 Ft²
$250,419
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
If you want a slice of Sussex County and don't know where to begin,
here is your opportunity. This well-cared-for mobile home
manufactured in 1979 has three bedrooms, 1 full bath, an eat-in
kitchen, living room plus large three season room. Located at
the end of a cul-de-sac in a sunny, tree-lined .38 acre lot, you
can expect privacy and nature around you and no lot rent because
you own the land. Property has never been rented and only
occasionally used. Home has a replaced 40 gallon water
heater, new furnace, new roof and outside shower. Property is
on public sewer and well water. New well installed in 2017 by
Aqua Water Tech. Angola Neck Acres has no HOA therefore no
dues to pay. Located only 10 miles from Lewes Beach, 2
miles to shopping center/gas and 4 miles to elementary and middle
schools. Make your appointment to see this home today.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$250
Property Type
House
Property Taxes
$34
HOA Dues
-
Year Built
1980
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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: 4 years ago (Bright MLS #DESU2037410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | In contract | - | |
| In contract | |||
| May 10, 2023 | Price Decreased |
$250,000
↓ $20K
(7.4%) | |
| Price Decreased | |||
| Apr 6, 2023 | Price Decreased |
$270,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Mar 26, 2023 | Price Decreased |
$280,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
Price/ft²
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About Sussex
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Listed by: AVA CANNON
Jack Lingo - Rehoboth
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2037410
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Jack Lingo - Rehoboth
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2037410
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