35595 CEDAR VALLEY LANE
About This Property
From the moment you arrive, exceptional curb appeal sets the stage with beautifully landscaped grounds, a classic brick front facade, and a charming paver walkway leading to the welcoming entrance. Maintaining the lush landscaping is made even easier with the home's own dedicated irrigation well. Out back, a spacious two-tiered deck with a retractable awning creates the perfect setting for outdoor dining, entertaining, or simply relaxing while enjoying the peaceful surroundings.
Inside, warm bamboo flooring flows through the living room and dining area, where a bump-out enhances the space and provides additional room for gatherings. Just beyond, the sun-filled sunroom showcases a vaulted ceiling and direct access to the rear deck, creating a seamless connection between indoor and outdoor living.
The well-designed floor plan includes a comfortable primary suite featuring a private ensuite bath complete with a relaxing soaking tub, separate stall shower, and ample space to unwind at the end of the day. Additional bedrooms provide flexibility for family, guests, or a home office.
A spacious unfinished basement offers outstanding storage today while presenting endless possibilities for future expansion, whether you envision a recreation room, fitness area, workshop, or additional living space.
Perfectly positioned just minutes from downtown Rehoboth Beach, 35595 Cedar Valley Lane places you in the heart of Delaware's beloved coastal lifestyle. Spend mornings strolling the iconic boardwalk, afternoons browsing charming boutiques, art galleries, and local shops, and evenings savoring fresh coastal cuisine at the area's acclaimed restaurants. Everyday convenience is equally impressive, with Tanger Outlets, Cape Henlopen State Park, championship golf courses, and Beebe Healthcare all just a short drive away, offering an exceptional blend of recreation, convenience, and coastal charm.
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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 |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$500,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$525,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$545,000
↓ $50K
(8.4%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by Northrop Realty | $595,000 | |
| Listed by Northrop Realty | |||
| Jul 2, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017