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38242 ROBINSONS DRIVE, Rehoboth Beach, DE 19971
$1,695,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
Built in
1980
POSSIBLE OWNER FINANCING at below market rate, interest only for 5 years for qualified buyers. Get ahead of the rate decline, then refinance. Rare opportunity to own a Move-in-Ready income generating beach home in Rehoboth Beach! 38242 Robinsons Drive is east of Coastal Highway, steps to Silver Lake and only three blocks to the Ocean Beaches. Situated in the coastal community of 'Dodds Addition' just outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, generating over $60,000 in rental income annually. Rent both units, or take advantage of the unique layout to live in one and rent the other, or EASILY CONVERT both units into one single family residence by simply cutting a door into the stairwell! Whether looking for an investment property or your own coastal oasis, the options are endless... Step into the first level unit to find an open floorplan, with living/dining combination, an upgraded kitchen as well as primary bedroom with bath and a covered screened porch and open sundeck. The lower level is accessible from the first floor unit and also features a large bedroom and storage. Upstairs via a separate entrance is a two bedroom home with open kitchen & living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Spend your days on the sand and rinse off in one of the two custom outdoor showers prior to popping into town for a night out. Easily accessible to downtown via the Silver Lake Bridge and also only two blocks from Coastal Highway, you can live conveniently near the beach. Don't miss this rare opportunity!
Features & Amenities
Interior
- General:
- Combination Dining/Living,Combination Kitchen/Living,Kitchen - Efficiency,Upgraded Countertops,Pantry,Skylight(s)
- Rooms:
- Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1,Utility Room,Bathroom 1,Bathroom 2,Bathroom 3,Screened Porch
- Appliances:
- Oven/Range - Electric,Range Hood,Refrigerator,Extra Refrigerator/Freezer,Icemaker,Microwave,Dishwasher,Washer,Dryer,Water Heater
- Laundry:
- Washer In Unit,Dryer In Unit
- Basement:
- Full
- A/C:
- Central A/C
- Heating:
- Y, Heat Pump(s), Electric
- Disability Feature:
- None
Exterior
- General:
- Extensive Hardscape,Flood Lights,Outside Shower, Above Grade,Below Grade
- Style:
- Coastal
Construction
- Roofing:
- Asphalt
- General:
- Stick Built,Vinyl Siding, 2, Block
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- CAPE HENLOPEN
- County:
- SUSSEX
Lot
- Zoning:
- GR, 334-20.09-37.00
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Jack Lingo - Rehoboth, RANDY MASON
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Rehoboth Beach, DE
Housing
- Number of Units
- 17,162
- Median Home Value
- $453,138
- Median Rent
- $1,146
11.89% of housing units are renter occupied.
54.36% are vacant.
Commute
- Car
-
49.90%
- Public Transportation
-
0.42%
- Walk to Work
-
1.01%
- Work from Home
-
47.58%
- Other
-
0.13%
The median travel time to work is 13 minutes.
People
- Population
- 15,337
- Median Age
- 59.70
- Median Household Size
- 2.27
Education
- High School
-
22.01%
- Associate’s Degree
-
6.78%
- Bachelor’s Degree
-
31.57%
- Graduate Degree
-
20.80%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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