7 HUNTERS POINT
About This Property
Welcome to this lovely 3-bedroom, 3-bathroom twin home nestled in the sought-after waterfront community of Hunter's Pointe, located in downtown Millsboro, Delaware. Offering approximately 2,200 square feet of beautifully updated living space, this residence blends comfort, functionality, and a tranquil waterfront lifestyle. The heart of the home is the modern kitchen, featuring stainless steel appliances (all replaced within the past few years), gleaming granite countertops, and freshly painted cabinets. A convenient pass-through connects the kitchen to the spacious dining and living rooms, perfect for entertaining. Adjacent to the kitchen, a charming breakfast nook solarium invites morning sunlight and serene views. The living room is a cozy retreat with a gas fireplace, ceiling fan, and direct access to a screened porch, where you can enjoy indoor/outdoor living. From the porch, step out to your private boat dock with 60 feet of water frontage-ideal for boating enthusiasts. The main level includes a generous primary suite complete with a luxurious ensuite bathroom offering a soaking tub, step-in shower, and dual vanities. A second bedroom and full bath complete the first floor. Upstairs, a spacious loft leads to a third bedroom and full bathroom, along with a private balcony that boasts picturesque waterfront views-perfect for an in law suite, guest or a private office. Recent upgrades include fully renovated bathrooms, new flooring throughout, and all major appliances replaced within the last two years. This move-in-ready home is located in a gated, peaceful enclave of boaters, just steps from the heart of Millsboro. Enjoy the best of waterfront living with direct access to the water, a vibrant yet peaceful community, and a home designed for comfort and style. Don't miss your chance to own a piece of paradise in Hunter's Pointe.
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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 |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$469,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$479,900
↓ $10K
(2%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by Compass | $500,000 | |
| Listed by Compass | |||
| Jan 5, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017