7545 BROAD CREEK CIRCLE
About This Property
Step inside to discover a home brightened by recessed lighting throughout. The open floor plan includes a large morning room that leads out to a beautiful, low-maintenance composite deck, perfect for entertaining or enjoying the serene view of the open land behind the house.
Modern conveniences abound, including a whole-house vacuum system, a security system for your peace of mind, and a conditioned crawl space for ultimate efficiency. The meticulously maintained yard features an irrigation system for both the front and back. Additionally, a versatile yard shed with its own AC unit and electricity provides the perfect space for a workshop, studio, or extra storage.
Located in the charming city of Seaford, you'll enjoy a peaceful community setting with easy access to outdoor recreation. Explore the nearby Nanticoke River for boating, Hoopers Landing Golf Course, Community Pool, or take advantage of the city's numerous parks and sports complexes. The beautiful Delaware and Maryland beaches are just a short drive away, offering the perfect getaway. This home provides a wonderful opportunity for tranquil living with convenient access to shopping, dining, and medical facilities.
Don't miss the opportunity to own this feature-packed, move-in-ready home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017