3642 BLUE BIRD LANE
About This Property
Enjoy the massive financial benefits of tax-free Delaware living with famously low property taxes, all while staying incredibly connected. You are just minutes from the bustling hub of Salisbury for shopping, dining, and major medical/educational centers, close to the scenic trails and waters of Trap Pond State Park, and an easy drive to pristine Delaware and Maryland beaches. Whether you are looking to flip, build a high-yield rental, or design your own custom country escape, the equity potential here is limitless. Bring your vision and your contractor - this property is sold as-is! SHOWING NOTE: To view the property one must complete the hold harmless agreement to enter the property. There is an INVESTORS OPEN FRIDAY 7/17 from 3PM to 5PM, get the first look!!
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by The Parker Group | $150,000 | |
| Listed by The Parker Group | |||
| May 27, 2026 | Price Decreased |
$195,000
↓ $20K
(9.3%) | |
| Price Decreased | |||
| Apr 28, 2026 | Listed by Bryan Realty Group | $215,000 | |
| Listed by Bryan Realty Group | |||
| |||
|
Tucked away on over an acre, this classic farmhouse is full of potential and ready for its next chapter. Featuring 4 bedrooms and 1 full bathroom, the home offers a spacious footprint with plenty of opportunity to reimagine and restore. The detached garage adds extra storage or workshop space, while the expansive lot provides room to grow, garden, or simply enjoy the privacy of country living. This property is in need of a full renovation and is being sold as-is, making it an ideal opportunity for investors, flippers, or buyers looking to create their dream home from the ground up. Bring your vision and unlock the possibilities this charming farmhouse has to offer. Seller has limited knowledge, square footage and utilities are estimated. Buyer and buyer agent should perform their own due diligence.
| |||
| Jul 16, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017