$1,900,000
$1,995,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
5,000 Sqft Lot
SOLD DATE : 11/21/2024
Key Details
Sold Price $1,900,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision South Rehoboth
MLS Listing ID DESU2070084
Sold Date 11/21/24
Style Cape Cod
Bedrooms 4
Full Baths 2
HOA Y/N N
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $864,079
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.11
Lot Dimensions 50.00 x 100.00
Property Description
4 bedroom, 2 bath beach cottage located on east end of the 200 block of Hickman Street in highly sought-after South Rehoboth. Just two blocks from the famous wide white sandy beaches of Rehoboth. The house currently generates $62,000+/- gross rental income each year. Conveniently located just a short walk from the beach, boardwalk, restaurants, shopping, great entertainment, and all other Rehoboth Beach attractions. The 200 block of Hickman Street offers the best of both worlds -- quiet residential street and yet easy walk to the many fine restaurants & shops downtown. Adjacent 50' x 100' lot (202 Hickman Street) is also listed for $2,095,000 and creates the rare opportunity to acquire a double lot in South Rehoboth.
Location
State DE
County Sussex
Area Lewes Rehoboth Hundred (31009)
Zoning RESIDENTIAL
Rooms
Main Level Bedrooms 1
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Fireplaces Number 1
Fireplaces Type Brick
Equipment Built-In Microwave, Dishwasher, Refrigerator, Oven - Single
Fireplace Y
Appliance Built-In Microwave, Dishwasher, Refrigerator, Oven - Single
Heat Source Other
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility None
Road Frontage City/County
Total Parking Spaces 2
Garage N
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Cape Henlopen
Others
Senior Community No
Tax ID 334-14.17-448.00
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with JAMES MCGREGOR • Jack Lingo - Rehoboth
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "