35353 DANNYS DRIVE
About This Property
Step inside to discover a home ready for your personal touch. The layout offers great bones: a bright, open living and dining area filled with natural light, a kitchen with ample cabinetry and access to the side yard, and a private primary suite with its own bath. Whether you're envisioning a modern farmhouse refresh or a cozy country retreat, the possibilities are endless.
Outdoors, the expansive lot provides room to expand, garden, or create the outdoor oasis you've always wanted-plus plenty of storage or workshop space in the oversized detached garage.
Ideally located in Laurel, Delaware, you'll enjoy the peace of country living just minutes from Trap Pond State Park, dining, and local conveniences. With space to spread out and endless potential to reimagine, this property invites you to make it truly your own.
Bring your creativity and transform this hidden gem into something extraordinary.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017