Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST
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$3,500,000

$3,750,000

6.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

5 Baths

3,000 SqFt


SOLD DATE : 07/30/2021

Key Details

Sold Price $3,500,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,166

Subdivision South Rehoboth

MLS Listing ID DESU183862

Sold Date 07/30/21

Style Coastal

Bedrooms 6

Full Baths 4

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 3,000

Originating Board BRIGHT

Year Built 2001

Annual Tax Amount $2,885

Tax Year 2020

Lot Size 5,000 Sqft

Acres 0.11

Lot Dimensions 50.00 x 100.00

Property Description

Welcome to 5 New Castle Street! This ocean block home with garage apartment in South Rehoboth is just steps to the beach, boardwalk and Rehoboth Avenue and includes a total of 6 bedrooms, 4.5 bathrooms. Numerous features could not be duplicated under today's building code. The first floor of the main house includes a large front porch, eat-in kitchen with granite counters and stainless steel appliances, spacious living room, den, and first floor master bedroom with adjacent full bath. Step upstairs to find a master suite with private deck that overlooks the ocean, plus two additional guest bedrooms and full bath. In the rear of the property sits a 2-car garage with a 2 bedroom, 1 bath apartment on the second floor and includes a living room, kitchen, and hardwood floors. Exterior features include an outdoor shower and three off-street parking spaces. This home offers excellent rental history and produces over $100,000 of income each summer. Unique opportunity to rent one unit and enjoy the other for yourself. Don't miss this opportunity to own an investment property or summer beach retreat!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s)

Hot Water Electric

Heating Heat Pump(s), Forced Air

Cooling Central A/C, Ceiling Fan(s)

Flooring Carpet, Hardwood

Equipment Refrigerator, Icemaker, Built-In Microwave, Oven/Range - Electric, Washer, Dryer, Disposal, Dishwasher, Exhaust Fan, Water Heater

Furnishings Yes

Fireplace N

Window Features Screens

Appliance Refrigerator, Icemaker, Built-In Microwave, Oven/Range - Electric, Washer, Dryer, Disposal, Dishwasher, Exhaust Fan, Water Heater

Heat Source Propane - Leased, Electric

Laundry Main Floor

Exterior

Exterior Feature Porch(es), Patio(s), Deck(s), Balcony

Parking Features Garage Door Opener

Garage Spaces 4.0

Fence Partially

Utilities Available Cable TV

Water Access N

View Ocean

Roof Type Architectural Shingle

Accessibility None

Porch Porch(es), Patio(s), Deck(s), Balcony

Total Parking Spaces 4

Garage Y

Building

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Cape Henlopen

Others

Senior Community No

Tax ID 334-14.18-127.00

Ownership Fee Simple

SqFt Source Estimated

Security Features Smoke Detector

Acceptable Financing Cash, Conventional

Horse Property N

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by BRYCE LINGO • Jack Lingo - Rehoboth
Bought with ELIZABETH DORMAN • Coldwell Banker Resort Realty - Rehoboth
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