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3513 Sanibel Circle Unit 3301 Rehoboth Beach, DE 19971
  • 3 Beds
  • 2 Baths
  • 1,400 Sq. Ft
  • Built In 2000
Active
$279,900
RentRange AVM
$1,330 /mo

Financial Performance

Gross Yield

5.70%

based on an annual rent of $15,960.00 divided by the offer price of $279,900.00.

Net Yield

1.88%

based on a yearly adjusted income of $14,683.20 minus the total annual expense of $9,412.61 divided by the offer price of $279,900.00.

Cash Flow

$5,271

based on a yearly adjusted income of $14,683.20 minus the total annual expense of $9,412.61 and yearly mortgage expense.

Home Details

Owner is offering a 5k Buyer credit to use as you want A Must See This 3BR 2BA condo located on the top floor has great bones and upgrades, just look past the clutter Great potential for an investment opportunity or for your own personal beach getaway. Ceramic tile in both bathrooms, marble in the living room, dinning room and kitchen area, and carpet in the bedrooms. This wonderful community offers access to 3 pools, tennis courts, and clubhouse along with an abundance of open space. Great location, close to the beach, boardwalk, shopping, and all that Rehoboth Beach has to offer. Bike to the beach, walk to Big Fish Grill and Arenas Deli. Pictures reflect prior to tenant occupancy.
Features

  • listed date Listed Date: January 11, 2017
  • year built Year built: 2000
  • square footage SqFt: 1,400
  • price per square foot Price/SqFt: $200
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • property type Type:   Condo
  • county County: Sussex
  • Listing ID: 715687
3513 Sanibel Circle Unit 3301 Rehoboth Beach, DE 19971
  • 3 Beds
  • 2 Baths
  • 1,400 Sq. Ft
  • Built In 2000
Active
$279,900
RentRange AVM
$1,330 /mo

Gross Yield

5.70%

based on an annual rent of $15,960.00 divided by the offer price of $279,900.00.

Net Yield

1.88%

based on a yearly adjusted income of $14,683.20 minus the total annual expense of $9,412.61 divided by the offer price of $279,900.00.

Cash Flow

$5,271

based on a yearly adjusted income of $14,683.20 minus the total annual expense of $9,412.61 and yearly mortgage expense.

Home Details

Owner is offering a 5k Buyer credit to use as you want A Must See This 3BR 2BA condo located on the top floor has great bones and upgrades, just look past the clutter Great potential for an investment opportunity or for your own personal beach getaway. Ceramic tile in both bathrooms, marble in the living room, dinning room and kitchen area, and carpet in the bedrooms. This wonderful community offers access to 3 pools, tennis courts, and clubhouse along with an abundance of open space. Great location, close to the beach, boardwalk, shopping, and all that Rehoboth Beach has to offer. Bike to the beach, walk to Big Fish Grill and Arenas Deli. Pictures reflect prior to tenant occupancy.
Features

  • listed date Listed Date: January 11, 2017
  • property type Type:   Condo
  • year built Year built: 2000
  • square footage SqFt: 1,400
  • price per square foot Price/SqFt: $200
  • bedrooms Bed: 3
  • bathrooms Bath: 2
  • county County: Sussex
  • Listing ID: 715687

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