$462,500
●
House -
Off Market
34497 WATERS RUN
SELBYVILLE, DE 19975
3 Beds
2 Baths
1,850 Ft²
$483,677
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
This well-maintained one-owner home in a waterfront community is
all about location! Situated on a corner lot, this light and bright
Andover model features 3 bedrooms & 2 full baths, and an additional
morning room. Open floor plan with beautiful hardwood floors &
upgraded kitchen is perfect for entertaining friends & family.
Kitchen features beautiful white cabinets, granite countertops &
island, and stainless steel appliances. Unique smaller community of
Waters Run is just about 5 miles from the beach and has a friendly
neighborhood feel. Amenities include an outdoor pool, club house,
fitness center, tennis & pickle ball courts, basketball and kids' play area. The best amenity is that it's adjacent to Dirickson
Creek and has a community dock & picnic area w/boat slips
available. Low HOA fees include lawn maintenance, trash removal,
and use of amenities w/no extra fees.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$262
Property Type
House
Property Taxes
$76
HOA Dues
$260
Year Built
2018
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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 #DESU2039992)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | In contract | - | |
| In contract | |||
| Jun 11, 2023 | Price Decreased |
$485,000
↓ $10K
(2%) | |
| Price Decreased | |||
| May 29, 2023 | Price Decreased |
$495,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| May 15, 2023 | Price Decreased |
$510,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Sussex
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Listed by: ASHLEY BROSNAHAN
Long & Foster Real Estate, Inc.
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2039992
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.
Long & Foster Real Estate, Inc.
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# DESU2039992
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