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37419 5TH STREET, Rehoboth Beach, DE 19971
$850,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,750
sqft
Built in
1959
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!
Features & Amenities
Interior
- General:
- 2nd Kitchen,Carpet,Ceiling Fan(s),Entry Level Bedroom,Kitchen - Island,Bathroom - Stall Shower,Window Treatments,Wood Floors
- Appliances:
- Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Extra Refrigerator/Freezer,Oven/Range - Electric,Refrigerator,Washer,Water Heater
- Laundry:
- Common
- A/C:
- Central A/C,Wall Unit
- Heating:
- Y, Central, Propane - Leased,Electric
- Disability Feature:
- None
- Eco/Green Feature:
- PV Solar Array(s) Owned
Exterior
- General:
- Awning(s),Outside Shower, Above Grade,Below Grade
- Style:
- Cape Cod
Construction
- Roofing:
- Asphalt
- General:
- Frame,Block, 2, Slab
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- CAPE HENLOPEN
- County:
- SUSSEX
Lot
- Zoning:
- AR-1, 334-19.16-67.01
- Current Use:
- 999
Utilities
- Water:
- Public
- Sewer:
- Public Septic
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Some artwork
This listing courtesy of:
NextHome Tomorrow Realty, ALLEN JARMON
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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