$211,600
●
House -
Off Market
7 W 7TH
BLADES, DE 19973
2 Beds
1 Bath
700 Ft²
$994
Est. Monthly
9.27%
Cap Rate
About This Property
NEAT, SWEET & PETITE! This is an ideal home for those wanting
to start out or downsize, or for an investor. This remodeled
home is as quaint as can be! Conveniently located in the Town
of Blades, it features a metal roof, replacement windows, and vinyl
siding--all of which contribute to very little exterior
maintenance. The front porch welcomes you to sit and enjoy your
morning coffee or evening cocktails. Inside it's as neat as a
pin and ready to move in! You'll love the comfort of the
living room, eat-in kitchen, bathroom & utility room on the first
floor, and the two cozy bedrooms upstairs. All appliances
(even a stack washer/dryer) are included! There's off-street
parking for vehicles in the driveway, and the back yard includes a
storage shed for tools & yard equipment. Upgrades and
improvements include a new heat pump/AC, new 200 amp electric
service, a new water heater, and an upgraded bathroom. Don't
miss this Little Honey of a Home!
Unit Size
700 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$286
Property Type
House
Property Taxes
$12
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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: 10 months ago (Bright MLS #DESU2090906)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 25, 2025 | Relisted | $200,000 | |
| Relisted | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$200,000
↓ $25K
(11.1%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Blades
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Listed by: STEPHEN C. TAYLOR
The Real Estate Market
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2090906
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.
The Real Estate Market
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# DESU2090906
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