36799 BREAKWATER RUN
About This Property
The kitchen is a chef's delight with custom counters, a stylish backsplash, and convenient bar seating, ideal for casual dining or entertaining guests. The ensuite primary bedroom offers comfort and privacy with a ceramic tile shower, double vanities, and ample closet space. Enjoy the bright and cheerful sunroom, complete with a dining table, providing an ideal spot for morning coffee or enjoying meals with family and friends. Also there is a 4th bedroom located in garage that's heated and air conditioned that could be used also as a work studio/bonus room. Step outside to the hardscaped patio featuring a firepit, ideal for cozy gatherings on cool evenings. A deck extends to the yard, creating a seamless indoor-outdoor flow, and includes a tiki sports bar, perfect for entertaining guests or unwinding after a day at the beach. The Keenwick Sound community enhances the coastal lifestyle with amenities such as a clubhouse, outdoor pool within walking distance to the home, shuffleboard, and direct water access with a boat ramp, offering unparalleled opportunities for boating and water sports enthusiasts. Park your boat in the large driveway! Don't miss the chance to own this meticulously maintained home in an idyllic coastal setting, close to the Freeman Arts Pavilion, grocery, dining and shopping, where relaxation and recreation meet. Whether you seek a vacation retreat or a year-round residence, this property offers both luxury and convenience in one of Delaware's most sought-after locations. Schedule your showing today and experience the best of coastal living!
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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 11, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Price Decreased |
$469,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 23, 2024 | Price Decreased |
$479,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Aug 2, 2024 | Price Decreased |
$484,900
↓ $15K
(3%) | |
| Price Decreased | |||
Property Highlights
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017