$189,000
●
Land -
In Contract
37052 DOUBLE BRIDGES ROAD
FRANKFORD, DE 19945
Studio
0 Bath
$951
Est. Monthly
About This Property
Rare opportunity to build your dream home on this level 0.96-acre
parcel in peaceful Frankford! Offering the ideal balance of quiet
country living and coastal convenience, this clear, versatile lot
features mature trees along the boundary for built-in privacy. Save
significant time and money with existing private well and septic
infrastructure already on-site.
Located just a short, scenic drive from Bethany Beach and Fenwick Island, you'll enjoy easy access to Delaware's top beaches, state parks, boating on the Inland Bays, and local favorites like Salted Vines Vineyard & Winery. With low Delaware property taxes, no town restrictions on build timelines, and flat, usable terrain, this parcel is a canvas for your custom home, pole barn, or coastal getaway. Bring your builder and your vision!
Located just a short, scenic drive from Bethany Beach and Fenwick Island, you'll enjoy easy access to Delaware's top beaches, state parks, boating on the Inland Bays, and local favorites like Salted Vines Vineyard & Winery. With low Delaware property taxes, no town restrictions on build timelines, and flat, usable terrain, this parcel is a canvas for your custom home, pole barn, or coastal getaway. Bring your builder and your vision!
Unit Size
-
Days on Market
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Land Size
0.96 acres
Price per sqft
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Property Type
Land
Property Taxes
$22
HOA Dues
-
Year Built
-
Listed By
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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: 7 days ago (Bright MLS #DESU2121410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Listed by The Parker Group | $189,000 | |
| Listed by The Parker Group | |||
Property Highlights
Exterior Details
Lot Size Area: 41817.6
Lot Size Units: Square Feet
Lot Size Acres: 0.96
Lot Size Square Feet: 41817.6
Lot Size Dimensions: 263.00 x 159.00
Tax Lot: 84
Water Source: Private, Well
Financial Details
Tax Annual Amount: $268
Utilities Details
Sewer : Septic Exists
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Listed by: Dustin Parker
The Parker Group
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# DESU2121410
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The Parker Group
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# DESU2121410
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