414 SARAH LANE
About This Property
This beautifully REMODELED 3-bedroom, 1.5-bath home is MOVE-IN READY and sits on a quiet street in a neighborhood tucked back among the trees, yet still just minutes from all the conveniences Salisbury has to offer. In this case, there's no need to sacrifice location for a slice of private paradise. Located only 5 miles from Regal Cinemas, The Centre at Salisbury, local restaurants, and grocery stores, with quick access to Downtown Salisbury, Route 50, and Route 13, this home offers the perfect balance of PEACEFUL living and everyday acessibility. Inside, you'll find a FRESH, modern interior featuring brand-new stainless steel appliances, luxury vinyl plank flooring throughout the main living areas , and new carpet in all three bedrooms. Recent MECHANICAL UPGRADES add exceptional value, including a connected water line for the refrigerator ice maker, a whole-house water filtration system , a new furnace, an updated A/C system, and a septic system that has been fully inspected. The THOUGHTFUL UPDATES throughout create a warm and inviting atmosphere, blending style with dependable function-making this home a fantastic choice whether you're settling into a new residence or adding a strong rental to your portfolio.
Don't miss your chance-schedule your showing today! 📞🔑
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Coldwell Banker Realty | $225,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 1, 2025 | Price Decreased |
$239,900
↓ $10K
(4%) | |
| Price Decreased | |||
| Oct 28, 2025 | Relisted | $249,900 | |
| Relisted | |||
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About Wicomico
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017