$625,000
●
Land -
For Sale
69 FILLY LANE
LEWES, DE 19958
Studio
0 Bath
$3,813
Est. Monthly
$617
HOA / Fees
About This Property
Introducing 69 Filly Lane - an exceptional opportunity to build a
custom home in Olde Town, one of Lewes' most desirable new
communities. This 0.23-acre unimproved homesite offers a blank
slate for a new buyer to create a home tailored to their vision,
with no builder tie-in.
The location is hard to beat. The homesite is adjacent to the Junction & Breakwater Trail, directly across from the Lewes Public Library, and just a short distance from downtown Lewes, Cape Henlopen State Park, the beaches, shopping and dining.
Within the Olde Town community, the lot is conveniently located near the pool and pool house, making it easy to enjoy the neighborhood amenities while staying connected to town and the trail. The community amenities also include a covered grilling and entertaining area, dual sided fireplace and outdoor TV, shuffleboard, bocce and fire pit.
With its desirable location and the freedom to build from the ground up, 69 Filly Lane presents a unique chance to create a custom home in the heart of Lewes.
The location is hard to beat. The homesite is adjacent to the Junction & Breakwater Trail, directly across from the Lewes Public Library, and just a short distance from downtown Lewes, Cape Henlopen State Park, the beaches, shopping and dining.
Within the Olde Town community, the lot is conveniently located near the pool and pool house, making it easy to enjoy the neighborhood amenities while staying connected to town and the trail. The community amenities also include a covered grilling and entertaining area, dual sided fireplace and outdoor TV, shuffleboard, bocce and fire pit.
With its desirable location and the freedom to build from the ground up, 69 Filly Lane presents a unique chance to create a custom home in the heart of Lewes.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$127
HOA Dues
$617
Year Built
-
Listed By
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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: 7 days ago (Bright MLS #DESU2121738)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | Listed by Jack Lingo - Lewes | $625,000 | |
| Listed by Jack Lingo - Lewes | |||
| Feb 27, 2024 | Sold | ||
| Sold | |||
Property Highlights
Exterior Details
Lot Features: Cleared
Lot Size Area: 10125
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10125
Water Source: Public Hook-up Available
Financial Details
Tax Annual Amount: $1,525
Utilities Details
Sewer : Public Hook/Up Avail
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Snow Removal, Management, Pool(s)
HOA/Condo/Coop Amenities: Maintenance Grounds, Bike Trail, Jog/Walk Path, Pool - Outdoor
HOA Fee: $617
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lewes
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Listed by: ELIZABETH M COOCH
Jack Lingo - Lewes
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2121738
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Jack Lingo - Lewes
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2121738
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