$550,000
●
Condo -
Off Market
37670 EXETER DR #K6
REHOBOTH BEACH, DE 19971
3 Beds
2 Baths
1,832 Ft²
$566,663
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
BEACH LIFE is yours from this fantastically located, beautifully
kept 3 bedroom condo in the amenity abundant community of Grande at
Canal Pointe! Situated just outside Rehoboth Beach City Limits, be
the envy of all Route 1 summer commuters by being only a short bike
ride or drive away from the beach & boardwalk, or route 1 shopping
& dining! This first floor, end unit condo features an open floor
plan, solid surface flooring throughout main living areas, three
spacious bedrooms- including owner's suite with en suite bath and
wooded views. There is plenty to do within the community, amenities
include: two pools, clubhouse, fitness center, tennis, basketball
court, and playground. Call today & see what the "grande" beach
life is all about!
Unit Size
1,832 Ft²
Days on Market
-
Land Size
32.57 acres
Price per sqft
$300
Property Type
Condo
Property Taxes
$99
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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 years ago (Bright MLS #DESU2036062)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $549,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on Main Level: 3
Interior Features: Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Pantry, Primary Bath(s), Soaking Tub, Stall Shower, Upgraded Countertops, Window Treatments
Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Flooring Type: Hardwood, Tile/Brick
Living Area Square Feet Source: Assessor
Exterior Details
Ownership Interest: Fee Simple
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Window Features: Screens
Construction Materials: Stick Built
Unit Building Type: Garden 1 - 4 Floors
Building Name: NONE AVAILABLE
Community Pool
Backs to Trees
Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Lot Size Source: Assessor
Finished Square Feet: 1832
Finished Square Feet Source: 1832
Financial Details
County Tax: $111
County Tax Payment Frequency: Annually
Tax Year: 2022
Tax Annual Amount: $1,191
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Heat Pump - Gas BackUp
Cooling Fuel: Electric
Heating Fuel: Electric, Propane - Metered
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Lawn Maintenance, Pool(s), Snow Removal, Trash, Road Maintenance
HOA/Condo/Coop Amenities: Basketball Courts, Club House, Fitness Center, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
Condo/Coop Fee: $1,094
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/08/2026
|
3 Bed
|
2 Bath
|
1145 ft²
|
$599,000
3 Bed
2 Bath
1145 ft²
|
$550,000
-8.18%
06/05/2026
|
Brian Barrows
Monument Sotheby's International Realty
| |
|
12/20/2024
|
3 Bed
|
2 Bath
|
1832 ft²
|
$649,900
3 Bed
2 Bath
1832 ft²
|
$649,900
01/29/2025
|
Michael Zacherl
Keller Williams Realty
| |
|
07/10/2024
|
2 Bed
|
2 Bath
|
1190 ft²
|
$589,900
2 Bed
2 Bath
1190 ft²
|
$592,000
+0.36%
09/09/2024
|
Michael Zacherl
Keller Williams Realty
| |
|
02/29/2024
|
3 Bed
|
2 Bath
|
1575 ft²
|
$629,900
3 Bed
2 Bath
1575 ft²
|
$640,000
+1.60%
04/12/2024
|
ELIZABETH COOCH
Jack Lingo - Lewes
| |
|
02/15/2023
|
3 Bed
|
2 Bath
|
1832 ft²
|
$549,900
3 Bed
2 Bath
1832 ft²
|
$550,000
+0.02%
03/27/2023
|
Lee Ann Wilkinson
BERKSHIRE HATHAWAY HOMESERVICES GALLO-L
| |
|
08/04/2021
|
2 Bed
|
2 Bath
|
1075 ft²
|
$399,000
2 Bed
2 Bath
1075 ft²
|
$412,000
+3.26%
10/06/2021
|
Debbie Reed
RE/MAX Realty Group Rehoboth
| |
|
04/09/2021
|
3 Bed
|
2 Bath
|
1336 ft²
|
$399,900
3 Bed
2 Bath
1336 ft²
|
$400,000
+0.03%
06/04/2021
|
CARRIE LINGO
| |
|
03/01/2020
|
3 Bed
|
2 Bath
|
1259 ft²
|
$384,000
3 Bed
2 Bath
1259 ft²
|
$365,000
-4.95%
06/22/2020
|
Debbie Reed
| |
|
02/04/2019
|
3 Bed
|
2 Bath
|
1550 ft²
|
$405,000
3 Bed
2 Bath
1550 ft²
|
-
-
|
-
|
Building Info
About Sussex
Similar Homes for Sale
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$2,300 /mo
- 1 Bed
- 1 Bath
- 600 ft²
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,670 ft²
Listed by: Lee Ann Wilkinson
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2036062
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.
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DESU2036062
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