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18490 Carters Grove Cir Unit 5 Lewes, DE 19958
  • 2 Beds
  • 2 Baths
  • 1,150 Sq. Ft
  • Built In 1987
Active
$210,500
Est. Rent

$1,210 /mo

Financial Performance

Gross Yield

6.90%

based on an annual rent of $14,520.00 divided by the offer price of $210,500.00.

Net Yield

3.63%

based on a yearly adjusted income of $13,358.40 minus the total annual expense of $5,727.06 divided by the offer price of $210,500.00.

Cash Flow

$7,631

based on a yearly adjusted income of $13,358.40 minus the total annual expense of $5,727.06 and yearly mortgage expense.

Home Details

Open House this Sunday 1/15, 11am to 1pm, stop by and take a look and enjoy some light refreshments. Your own tree house at the beach Nestled away from busy Rt 1 but still only a short trip to local beaches and restaurants, this two bedroom two bath top floor condo is highlighted by a stunning vaulted ceiling in the main room and lovely views from the multiple balconies. This unit backs up to a serene wooded area, offering peace and quiet and privacy on your large wraparound screened porch. Pool, tennis, exercise w/flexible, optional membership menu.
Features

  • listed date Listed Date: January 14, 2017
  • year built Year built: 1987
  • square footage SqFt: 1,150
  • price per square foot Price/SqFt: $183
  • bedrooms Bed: 2
  • bathrooms Bath: 2
  • property type Type:   Condo
  • county County: Sussex
  • Listing ID: 716256
18490 Carters Grove Cir Unit 5 Lewes, DE 19958
  • 2 Beds
  • 2 Baths
  • 1,150 Sq. Ft
  • Built In 1987
Active
$210,500
Est. Rent

$1,210 /mo

Gross Yield

6.90%

based on an annual rent of $14,520.00 divided by the offer price of $210,500.00.

Net Yield

3.63%

based on a yearly adjusted income of $13,358.40 minus the total annual expense of $5,727.06 divided by the offer price of $210,500.00.

Cash Flow

$7,631

based on a yearly adjusted income of $13,358.40 minus the total annual expense of $5,727.06 and yearly mortgage expense.

Home Details

Open House this Sunday 1/15, 11am to 1pm, stop by and take a look and enjoy some light refreshments. Your own tree house at the beach Nestled away from busy Rt 1 but still only a short trip to local beaches and restaurants, this two bedroom two bath top floor condo is highlighted by a stunning vaulted ceiling in the main room and lovely views from the multiple balconies. This unit backs up to a serene wooded area, offering peace and quiet and privacy on your large wraparound screened porch. Pool, tennis, exercise w/flexible, optional membership menu.
Features

  • listed date Listed Date: January 14, 2017
  • property type Type:   Condo
  • year built Year built: 1987
  • square footage SqFt: 1,150
  • price per square foot Price/SqFt: $183
  • bedrooms Bed: 2
  • bathrooms Bath: 2
  • county County: Sussex
  • Listing ID: 716256

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