$325,000
●
House -
Off Market
517 GARRICK ROAD
HOCKESSIN, DE 19707
4 Beds
2 Baths,
1
Half Bath
1,950 Ft²
$2,203
Est. Monthly
7.66%
Cap Rate
About This Property
Check out this traditional center hall colonial featuring 4 BR, 2.1
BA, an expanded family room and a screened porch in Hickory Hills!
Enter into the foyer with the formal dining room on the left
and the living room on the right (the living room would be an ideal
office). The kitchen and family room occupy the rear half of
the house with great natural light and access to the screened porch
and level back yard. There is a main floor laundry and powder
room plus a 1-car garage. Upstairs are 4 well-sized bedrooms
and 2 full baths. Unfinished basement. This home may be
eligible for $100 down with FHA-insured financing for
owner-occupants. This home is offered "as is" - the seller will not
complete any repairs and no repairs may be completed prior to
settlement.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$208
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1971
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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: 2 years ago (Bright MLS #DENC2077124)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | Listed | $405,000 | |
| Listed | |||
| | |||
|
Check out this traditional center hall colonial featuring 4 BR, 2.1 BA, an expanded family room and a screened porch in Hickory Hills! Enter into the foyer with the formal dining room on the left and the living room on the right (the living room would be an ideal office). The kitchen and family room occupy the rear half of the house with great natural light and access to the screened porch and level back yard. There is a main floor laundry and powder room plus a 1-car garage. Upstairs are 4 well-sized bedrooms and 2 full baths. Unfinished basement. This home may be eligible for $100 down with FHA-insured financing for owner-occupants. This home is offered "as is" - the seller will not complete any repairs and no repairs may be completed prior to settlement. Restricted to OWNER-OCCUPANT buyers until 4/5/2025 with a first review of offers on 3/17/2025 for offers received by midnight on 3/16/2025.
| |||
Property Highlights
Garage
Air Conditioning
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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Baths
ft²
Price/ft²
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Closing Price
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HOA + Taxes
About Gateway Farms
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Listed by: Stephen M. Marcus
Brokers Realty Group, LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# DENC2077124
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.
Brokers Realty Group, LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# DENC2077124
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