37400 GEORGIA DRIVE
About This Property
Step inside to a bright, open-concept living area with charming wood paneling, beamed ceilings, and plenty of natural light. The eat-in kitchen offers a cozy space to gather, complete with bar seating and a view of the screened front porch - ideal for coffee mornings and crab-picking evenings. The spacious primary suite includes an en-suite bath, while two additional bedrooms and a half bath offer versatility for guests or home office needs.
Love the outdoors? You're in luck. Relax on the expansive screened porch, take in the tranquil water view, and rinse off from your days at the beach in the convenient outdoor shower. This oversized lot is bursting with potential and bordered by lush greenery for privacy and peace. Bonus features include an in-home laundry area, shed storage, an outdoor shower, and ample parking.
Located in the quiet community of Plantation Park, just minutes from Bethany Beach and coastal attractions, this home is ideal as a year-round residence, beach retreat, or investment property. No ground rent and low HOA fees make it even more appealing.
Don't miss your chance to own a slice of Delaware's coastal charm - schedule your tour today and start living the laid-back lifestyle you've been dreaming of.
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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 |
|---|---|---|---|
| Jul 7, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Keller Williams Realty | $209,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017