35114 CONIFER LN
About This Property
This home isn't the only luxurious part of this listing. The community is, too! Atlantic East is a small enclave of 42 homes that blends luxury living with natural beauty. Take in the bay-front views, enjoy a sunrise over the water, or take in the scenic views as you walk through this private community. When you're not immersed in the surrounding coastal woodlands, visit the community's large private pool and expansive clubhouse with a second-level deck, or enjoy time with family and friends around the community fire pit and seating area. This serene oasis by the bay is also just a stone's throw away from the vibrant and popular Delaware coastline, where iconic restaurants and tax-free shopping await. Make the most of coastal living in Lewes, Delaware, by scheduling your private showing of this gorgeous home today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | Price Decreased |
$849,900
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Feb 27, 2024 | Price Decreased |
$869,900
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Jan 10, 2024 | Price Decreased |
$884,900
↓ $10K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017