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Key Details
Sold Price $322,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $128
Subdivision Rehoboth By The Sea
MLS Listing ID DESU146778
Sold Date 02/24/20
Style A-Frame
Bedrooms 7
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 2,500
Originating Board BRIGHT
Land Lease Amount 24584.0
Land Lease Frequency Annually
Year Built 1973
Annual Tax Amount $558
Tax Year 2018
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 50.00 x 100.00
Property Description
Do not miss this opportunity to purchase on the ocean block in Dewey Beach! Two homes on one property with a strong rental history and a NEWLY ACQUIRED 60 YEAR LAND LEASE make this property a special deal. The front house is a 5 Bed 3 Bath and the back house is a 2 Bed 1 Bath with vacation rental income averaging over 58K the past 3 years! Walk to the beach, bay, and everything Dewey Beach has to offer. The home is located across the street from the world famous Starboard Restaurant! Check out the awesome 3D tour to view from your computer or device! Land Lease starts at 24,584.00 annually.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning TN
Rooms
Main Level Bedrooms 2
Interior
Heating Baseboard - Electric
Cooling Central A/C, Wall Unit
Heat Source Electric
Exterior
Water Access N
Roof Type Shingle
Accessibility None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Rehoboth
Middle Schools Beacon
High Schools Cape Henlopen
School District Cape Henlopen
Others
Senior Community No
Tax ID 334-20.14-239.00
Ownership Land Lease
SqFt Source Estimated
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with JOSEPH CHOMA • Berkshire Hathaway HomeServices PenFed Realty
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