36216 MOORING LANE
About This Property
A versatile front room adds even more FLEXIBILITY and can easily be used as a formal dining room, sitting area, home office, or additional family space. The well appointed kitchen features nearly NEW APPLIANCES, including a brand new microwave and dishwasher, plus an oven that has been used only once. ABUNDANT CABINETRY, a built in trash and recycling cabinet, two Lazy Susans, and a LARGE PANTRY provide plenty of convenient storage.
Storage continues throughout the home with a wider than average two car GARAGE, spacious pantry, WALKABLE ATTIC, and elevated concrete crawl space with interior ladder access. Designed with coastal living in mind, the crawl space was constructed with added hurricane resilience. Additional features include a tankless water heater, professionally cleaned dryer vent system, accessible interior water shut off valves, and a premium whole house exterior water shut off system that is especially convenient for seasonal residents or those who travel frequently. Transferable plumbing and preventative termite service plans provide additional peace of mind.
The outdoor spaces are equally appealing, featuring a large rear patio, professionally maintained landscaping, custom trash enclosure, and six foot privacy fence with a wide access gate. The home enjoys a PREMIUM SETTING directly across from a POND and backing to preserved open space, creating a PEACEFUL backdrop and added PRIVACY. The quiet, low traffic street is ideal for biking, walking, and enjoying the outdoors.
Enjoy the feeling of a coastal getaway while remaining close to everyday conveniences including grocery stores, pharmacies, and gas stations. The Delaware Botanic Gardens at Pepper Creek is just down the road, while Bethany Beach, Fenwick Island State Park, Delaware Seashore State Park, and Indian River Bay are all within approximately 15 to 25 minutes by car. Head a little farther north to explore Lewes Beach, Rehoboth Beach, and abundant outlet shopping.
This golf cart friendly neighborhood offers an exceptional coastal lifestyle with OUTSTANDING AMENITIES. Residents have access to a community swimming pool, fitness center, clubhouse auditorium, seasonal boat storage, and a private community marina and boat ramp with direct access to Indian River Bay. These amenities make it easy to enjoy boating, fishing, kayaking, paddleboarding, and all that Delawares Inland Bays have to offer.
With four bedrooms in an area where many comparable homes offer only three, this property presents a unique opportunity to enjoy GENEROUS LIVING SPACE, thoughtful features, ABUNDANT STORAGE, and a strong sense of community in a desirable coastal setting.
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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 |
|---|---|---|---|
| Jul 3, 2026 | Listed by Coldwell Banker Realty | $539,900 | |
| Listed by Coldwell Banker Realty | |||
| Jan 7, 2021 | Listed by Non Subscribing Office | $318,900 | |
| Listed by Non Subscribing Office | |||
| |||
| Aug 19, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017