8 CAROLINE LANE
About This Property
This stunning two-story residence has been completely remodeled with exceptional attention to detail and quality craftsmanship. The first floor features an open-concept design with gorgeous whitewashed engineered hardwood flooring throughout the main living areas. The beautifully renovated kitchen is a chef's dream, showcasing stainless steel appliances, quartz countertops, solid wood pantry cabinetry, a spacious walk-in pantry, and elegant 24" x 24" tile flooring. A convenient half bath and laundry area complete the main level. First floor primary suite on the main level, making it ideal for multigenerational living.
The bright, year-round sunroom is surrounded by expansive windows and sliding glass doors, filling the home with natural light while providing seamless access to the patio-perfect for summer grilling, entertaining, or simply relaxing. The thoughtful layout creates an easy flow for everyday living and effortless hosting.
A striking custom staircase with modern cable railing and a wood handrail creates a dramatic focal point upon entering the home. Upstairs, you'll find a spacious suite with Trex deck, along with three additional guest bedrooms, offering plenty of room for family and visitors. Beautifully customized closets provide exceptional organization and storage throughout the home. The remodeled hall bathroom features elegant glass tile, marble flooring, and frameless glass shower doors, while every bathroom has been thoughtfully updated with premium finishes.
Additional improvements include all new Viwinco replacement windows, a Trane HVAC system installed in 2022, updated lighting, and high-end finishes throughout. The attached garage provides parking for one vehicle plus additional storage.
Every detail of this exceptional home has been carefully considered to offer both beauty and functionality. Homes with this level of renovation, spacious five-bedroom layout, and premier Eagle's Landing location rarely become available. This is a rare opportunity to own a truly move-in-ready coastal retreat.
Whether you're searching for a full-time residence, a luxurious beach retreat, or an outstanding investment property, this exceptional home delivers the very best of Delaware coastal living.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 28, 2026 | Price Decreased |
$829,900
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $849,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Mar 11, 2013 | Sold | ||
| Sold | |||
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About Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017