37419 5Th Street, Rehoboth Beach, DE 19971-3622 $825,000

Beds/Baths: 3/2
Interior Sq. Ft: 1,750
Acreage: 0.18
Age:65 years
Style:
Cape Cod
MLS#: DESU2069502
Subdivision: Bay Vista
Design/Type:
Detached

Description

Amazing opportunity to own a 2 BR+ loft home with a 1 BR accessory dwelling unit less about 2 miles from the beach in a waterfront community! You won't want to leave the huge, screened porch with views of the water, wetlands and Thompson Island!!This adorable cottage was remodeled to give an open floor plan and vaulted ceiling. Main home bath has heated floors. Loft could easily be converted to a 3rd BR. First floor features a spacious 1 BR ADU with an equally large, screened porch. The oversized lot (77 x 100) leaves ample room for a pool. With 20 owned solar panels the home has been net-zero energy usage!! Ample parking for all of your guests. Bay Vista features a private marina for boating enthusiasts. ADU has been rented year-round in the past for $1200/mo. (electric included!) but could easily rent for more!! The upstairs has rented as an Air B&B in the past, generating approx. $26K renting only in the summer season! The 2 units share a common laundry area and an outside shower. Seller has made several recent upgrades and has maintained the home well. Imagine the potential! New homes on smaller lots are selling in the $1.5M range! Scoop this up now, build your dream home in the future!

Taxes: $660
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: N
Pool: No Pool
School Dist: Cape Henlopen
High School: Cape Henlopen

Features

Utilities
Central Heating, Electric, Propane - Leased, Central A/C, Wall Unit Cooling, Electric, Hot Water - Electric, Public Water, Public Septic, Common Laundry

Garage/Parking
Driveway, On Street

Interior
2nd Kitchen, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Island

Exterior
Slab Foundation, Asphalt Roof, Block Exterior, Frame Exterior, Outside Shower, Awning(s)

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (2 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.91 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.23 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.99 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: NextHome Tomorrow Realty , (302) 601-4171

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/27/2024.

37419 5Th Street, Rehoboth Beach, DE 19971-3622

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.