$429,900
●
House -
Off Market
36821 W OLD GATE DRIVE
GEORGETOWN, DE 19947
3 Beds
2 Baths
1,936 Ft²
$2,463
Est. Monthly
$184
HOA / Fees
5.91%
Cap Rate
About This Property
SPECIAL SAVINGS! Please see sales consultant for more
information.
This charming 3-bedroom, 2-bathroom home offers the perfect balance of open-concept living and timeless elegance. As you enter, you're greeted by the inviting great room with decorative beams, adding a touch of architectural beauty. The kitchen seamlessly flows into the living space, featuring soft-close drawers and doors, quartz countertops, and a plus-sized layout designed to accommodate both culinary creativity and casual entertaining.
The natural gas fireplace in the great room is a perfect focal point, providing both warmth and ambiance. The spacious owner's suite includes a luxurious plus shower, offering an added touch of comfort and convenience. LVP flooring throughout the main living areas ensures both durability and a sleek, modern aesthetic.
With a two-car garage and a well-thought-out floorplan, this home is an ideal blend of style, practicality, and comfort. Schedule a tour today and make this beautifully designed home yours! Estimated for completion May 2025. *Pictures are of a model home/similar to this home*
For a full list of features for this home please contact our sales representatives.
This charming 3-bedroom, 2-bathroom home offers the perfect balance of open-concept living and timeless elegance. As you enter, you're greeted by the inviting great room with decorative beams, adding a touch of architectural beauty. The kitchen seamlessly flows into the living space, featuring soft-close drawers and doors, quartz countertops, and a plus-sized layout designed to accommodate both culinary creativity and casual entertaining.
The natural gas fireplace in the great room is a perfect focal point, providing both warmth and ambiance. The spacious owner's suite includes a luxurious plus shower, offering an added touch of comfort and convenience. LVP flooring throughout the main living areas ensures both durability and a sleek, modern aesthetic.
With a two-car garage and a well-thought-out floorplan, this home is an ideal blend of style, practicality, and comfort. Schedule a tour today and make this beautifully designed home yours! Estimated for completion May 2025. *Pictures are of a model home/similar to this home*
For a full list of features for this home please contact our sales representatives.
Unit Size
1,936 Ft²
Days on Market
46 days
Land Size
0.25 acres
Price per sqft
$232
Property Type
House
Property Taxes
$69
HOA Dues
$184
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (Bright MLS #DESU2078452)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Price Decreased |
$449,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Dec 3, 2025 | Price Decreased |
$459,999
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Dec 3, 2025 | Relisted | $465,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Sussex
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Listed by: Barbara K Heilman
Delaware Homes Inc
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# DESU2078452
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Delaware Homes Inc
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# DESU2078452
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