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29719 Franklin Roosevelt Ln Millsboro, DE 19966
  • 4 Beds
  • 3.5 Baths
  • 2,383 Sq. Ft
  • Built In 2009
Active
$375,000
Zipcode Median
$1,727 /mo

Financial Performance

Gross Yield

5.53%

based on an annual rent of $20,724.00 divided by the offer price of $375,000.00.

Net Yield

1.37%

based on a yearly adjusted income of $20,724.00 minus the total annual expense of $15,589.42 divided by the offer price of $375,000.00.

Cash Flow

$5,135

based on a yearly adjusted income of $20,724.00 minus the total annual expense of $15,589.42 and yearly mortgage expense.

Home Details

Why buy new when you can buy move in ready. Some limited changes to make it your own but far better than spending over 100,000 to make a base model your own. Upgraded features include built in bookcases around the fire place, crown molding throughout, seven ceiling fans and even cabinets in the garage. A hot tub will convey if you wish to spend relaxing evenings overlooking your vistas. Dont turn on the heat on those chilly nights, use your pellet stove to heat the whole home. This home presents another great opportunity to live in Indy at very favorable pricing.Never mowing your lawn again is only one of the many advantages of living in a 55Plus community with indoor and outdoor pools. All this and a short drive to shopping and the beaches. At this price, this home will not last long. The Sellers will pay the one time HOA CAP fees of 6,000.00 at settlement. Bonus room and bath over the garage for an extra bedroom or excellent recreation room, or perfect for a pool table.
Features

  • listed date Listed Date: January 10, 2017
  • year built Year built: 2009
  • square footage SqFt: 2,383
  • price per square foot Price/SqFt: $157
  • bedrooms Bed: 4
  • bathrooms Bath: 3.5
  • property type Type:   Single Family
  • county County: Sussex
  • Listing ID: 711540
29719 Franklin Roosevelt Ln Millsboro, DE 19966
  • 4 Beds
  • 3.5 Baths
  • 2,383 Sq. Ft
  • Built In 2009
Active
$375,000
Zipcode Median
$1,727 /mo

Gross Yield

5.53%

based on an annual rent of $20,724.00 divided by the offer price of $375,000.00.

Net Yield

1.37%

based on a yearly adjusted income of $20,724.00 minus the total annual expense of $15,589.42 divided by the offer price of $375,000.00.

Cash Flow

$5,135

based on a yearly adjusted income of $20,724.00 minus the total annual expense of $15,589.42 and yearly mortgage expense.

Home Details

Why buy new when you can buy move in ready. Some limited changes to make it your own but far better than spending over 100,000 to make a base model your own. Upgraded features include built in bookcases around the fire place, crown molding throughout, seven ceiling fans and even cabinets in the garage. A hot tub will convey if you wish to spend relaxing evenings overlooking your vistas. Dont turn on the heat on those chilly nights, use your pellet stove to heat the whole home. This home presents another great opportunity to live in Indy at very favorable pricing.Never mowing your lawn again is only one of the many advantages of living in a 55Plus community with indoor and outdoor pools. All this and a short drive to shopping and the beaches. At this price, this home will not last long. The Sellers will pay the one time HOA CAP fees of 6,000.00 at settlement. Bonus room and bath over the garage for an extra bedroom or excellent recreation room, or perfect for a pool table.
Features

  • listed date Listed Date: January 10, 2017
  • property type Type:   Single Family
  • year built Year built: 2009
  • square footage SqFt: 2,383
  • price per square foot Price/SqFt: $157
  • bedrooms Bed: 4
  • bathrooms Bath: 3.5
  • county County: Sussex
  • Listing ID: 711540

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