37192 SHEEPSCOT ROAD
About This Property
Step inside to discover soaring vaulted ceilings in the great room, complemented by built-ins, surround sound with a Denon receiver, and a gas fireplace with granite surround. The gourmet kitchen is a standout, boasting granite countertops, a gas cooktop, double ovens, new Bosch dishwasher, stainless steel GE Cafe appliances, a coffee bar area, and a large island with seating for four. Recessed and under-cabinet lighting add warmth and function. A dedicated dining room and sunny breakfast area provide ample space for entertaining and everyday meals.
The home offers both upstairs and downstairs suites, including a spacious primary suite on the first floor with dual walk-in closets, an oversized shower, dual vanities, a water closet, and linen storage. Upstairs, a second suite with an attached bath offers a perfect retreat for guests or multigenerational living. Additional highlights include tile bathrooms, wood flooring, carpeted bedrooms, a four-seasons room with its own mini split, a conditioned crawl space for added comfort and energy efficiency, a well-designed laundry room with attic access and a separate mudroom providing thoughtful storage throughout.
Outdoors, enjoy a beautifully landscaped yard with fig trees, gutter guards, outdoor lighting, a paver patio with underlighting, a grilling area with a built-in Blaze grill, and a retaining wall-ideal for evening gatherings. The oversized garage features built-in shelving and extra space for storage or hobbies. Owned solar panels offer energy efficiency, while a wired alarm system, irrigation well, and gas generator provide peace of mind. Best of all, this home offers a private backyard that is truly priceless.
Minutes from Lewes Beach, Cape Henlopen State Park, Rehoboth Beach, and the Lewes-Cape May Ferry, this location offers the best of coastal Delaware. Coastal Club's unmatched amenities include a fitness center, yoga studio, indoor lap pool, and a scenic 3-mile nature trail. Enjoy socializing at the clubhouse with a full-service bar & grille, game room, library lounges with fireplaces, and pool tables. Outside, find resort-style pools with a swim-up bar, tennis courts, pickleball, bocce, a community garden, two dog parks, and a pirate-themed splash pad for kids. The community creates a rare opportunity to enjoy luxury living while benefiting from potential rental income when desired.
Home is ideal as a primary residence, vacation escape, or investment opportunity. Schedule your showing today and experience the vibrant, upscale lifestyle only Coastal Club can offer!
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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 |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 10, 2026 | Price Decreased |
$889,900
↓ $40K
(4.3%) | |
| Price Decreased | |||
| Sep 17, 2025 | Price Decreased |
$929,900
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Aug 29, 2025 | Price Decreased |
$945,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017