37419 5th St, Rehoboth Beach, Delaware

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Added On:09/27/2024
Last Updated:10/17/2024
Energy Efficient HomeSolar Panels
$850,000Asking Price (USD)
$660Annual Property Tax
1,750Square Feet
3 / 2Beds / Baths
7840.00 sqftLot Size
1959Year Built
Natural HomeProperty Type
Single Family DwellingProperty Type

Mortgage Calculator

Purchase Price ($)Down Payment
%
Loan Amount
$680,000
Annual Interest Rate
%
Loan Term (years)
Estimated Monthly Mortgage Payment
$4,895.12

Property 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!

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Listing ID : 23186