34641 BESSIE WAY
About This Property
Truitt Homestead is a small community of homes located just 2 lights away from all that Rehoboth has to offer. Tucked away and serene, you can still be downtown in 5 minutes by car or bike! All exterior maintenance is managed by the HOA, making this the perfect low-maintenance living option that allows for more time on the beach with friends. While membership at the Lodge at Truitt Homestead is not required, the community does offer sophisticated coastal living with access to a private clubhouse, on-site dining, pub and lounge, fitness center, game room, and indoor and outdoor pools. With luxurious homes, a tight-knit community, and many walking paths, this welcoming neighborhood is the laid-back, coastal vibe you've been looking for! Your life at the beach awaits – schedule your tour today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Listed by Jack Lingo - Lewes | $784,900 | |
| Listed by Jack Lingo - Lewes | |||
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About Sussex
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Currently no similar homes aroundNearby Rentals
$2,300 /mo
- 1 Bed
- 1 Bath
- 600 ft²
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,850 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017