$140,000
●
House -
For Sale
346 DELAWARE AVENUE
SALISBURY, MD 21801
2 Beds
1 Bath
851 Ft²
$736
Est. Monthly
About This Property
BACK ON MARKET with updates and repairs made! This two bedroom one
bath home with spacious living and dining room is now available on
the West side of Salisbury. The property has a fenced in yard and
updated paint, appliances & mechanicals. Perfect starter home or
investment property. Contact your agent to schedule a showing
today.
Unit Size
851 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$165
Property Type
House
Property Taxes
$48
HOA Dues
-
Year Built
1945
Listed By
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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 months ago (Bright MLS #MDWC2023520)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Relisted | $140,000 | |
| Relisted | |||
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Coldwell Banker Realty | $140,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 23, 2025 | Listed | $140,000 | |
| Listed | |||
| | |||
|
BACK ON MARKET with updates and repairs made! This two bedroom one bath home with spacious living and dining room is now available on the West side of Salisbury. The property has a fenced in yard and updated paint, appliances & mechanicals. Perfect starter home or investment property. Contact your agent to schedule a showing today.
| |||
| Jun 7, 2025 | Price Decreased |
$137,500
↓ $3K
(1.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Window Treatments
Appliances: Electric Oven, Refrigerator
Flooring Type: Carpet, Laminate
Basement: Partial
Exterior Details
Square Footage: 851
Square Footage Source: $0
Property Condition: Good
Architectural Style: Cape Cod
Year Built Source: Estimated
Year Built: 1945
Building Name: NONE AVAILABLE
Levels: 2
Other Structures: Above Grade
Window Features: Screens, Insulated
Construction Materials: Frame, Vinyl Siding, Stick Built
Lot Features: Cleared
Lot Size Area: 3484
Lot Size Units: Square Feet
Lot Size Acres: 0.08
Lot Size Square Feet: 3484
Tax Lot: 0009
Water Source: Private
Financial Details
Tax Assessed Value: $67,333
Tax Annual Amount: $576
Utilities Details
Cooling Type: None
Heating Type: Floor Furnace
Sewer : Private Sewer
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 Salisbury
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Listed by: Brandon Ziska
Coldwell Banker Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDWC2023520
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.
Coldwell Banker Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDWC2023520
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