6509 CEDAR NECK ROAD
About This Property
This expansive home offers 3 bedrooms and 3.5 baths, thoughtfully designed for both everyday living and effortless entertaining.
Step into an inviting, oversized foyer that sets the tone for the home's warm and welcoming layout. To the right, a cased opening leads into a sun-drenched living room highlighted by dramatic bow windows that flood the space with natural light. Another elegant cased opening reveals a formal dining room-perfect for hosting holidays and intimate dinner parties alike.
The heart of the home is the impressive, fully equipped gourmet kitchen. Designed for both function and style, it features premium stainless steel appliances, bright soapstone countertops, warm hardwood floors, and an abundance of traditional wood cabinetry. Built-in wine racks and decorative glass-front upper cabinets provide the perfect showcase for fine dishware, while a spacious island anchors the room for gathering and prep. A cheerful breakfast area offers direct access to the backyard, seamlessly blending indoor and outdoor living. The open-concept design flows beautifully into the family room, where a stunning propane fireplace creates a cozy focal point for relaxed evenings at home.
The primary suite is generously sized and privately situated, offering a spa-inspired bath complete with a soaking tub, separate walk-in shower, and ample space to unwind. On the opposite side of the foyer, a private bedroom wing includes two additional bedrooms and a shared full bath-ideal for family or guests.
The finished lower level expands your living space even further, featuring a comfortable den with built-ins and a second, wood-burning, pass-through fireplace that creates ambiance on both sides. Entertaining is effortless with a full-size wet bar and summer kitchen-ideal for game days, pool parties, or casual gatherings. A dedicated craft room provides the perfect creative retreat or flex space for hobbies, while a private sauna offers year-round relaxation. Direct access to the outdoor patio creates a seamless flow between indoor and outdoor living. Step outside to your own personal retreat-an in-ground saltwater pool surrounded by open skies and mature landscape, plus a firepit area to enjoy quiet evenings by the pool.
Practical luxury extends to the attached 2.5-car garage, offering generous space for vehicles and storage, complete with an installed Electric Vehicle charger for convenient at-home charging.
For those seeking versatility, the property also includes a detached four stall horse barn and spacious workshop, ideal for hobbies, storage, equipment, or even equestrian use. With 7.82 acres of open land, the possibilities are endless-as a hobby farm, recreation, or simply enjoying the privacy and serenity of country living.
Located just minutes from downtown Milford, you'll enjoy convenient access to local boutiques, restaurants, healthcare facilities, and waterfront parks along the Mispillion River. Outdoor enthusiasts will appreciate proximity to Delaware Bay beaches, boating, fishing, and nearby nature preserves. Easy access to Route 1 connects you to the coastal attractions of Lewes and Rehoboth Beach, offering the perfect balance of rural tranquility and coastal convenience.
This is more than a home-it's a private estate lifestyle with room to breathe, grow, and create lasting memories.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017