$1,695,000 Price Analysis    ♡   Rehoboth Beach, DE 19971 4 bed None bath unknown SqFt ($0/SqFt) 6,098SqFt lot. Built 1980 Listed 2024-05-16, Taxes $1,847 | May be USDA loan restricted due to income limits near Rehoboth Beach |
POSSIBLE OWNER FINANCING at below market rate
Interest 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 three blocks to the Ocean Beaches. Situated in the coastal community of 'Dodds Addition' outside Rehoboth Beach city limits this home is a rare find that currently features TWO (2) rentable units, each with 2 BRs 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 lookin g 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 and living space, full bath and also has access to another charming second story screened porch. Both porches overlook a beautifully landscaped yard. Esy to open the stairwell wall to combine the units. 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 two blocks from Coastal Highway, you can live conveniently near the beach. Don't miss this rare opportunity!
Presented by Randy Mason at
JACK LINGO REALTOR-REHOBOTH BE.
Property MLS #DESU2062626 from BrightMLS
Combination Kitchen/Living
Kitchen - Efficiency
Upgraded Countertops
Pantry
Skylight(s)
Basement
Range Hood
Refrigerator
Extra Refrigerator/Freezer
Icemaker
Microwave
Dishwasher
Washer
Dryer
Water Heater
Heating Features: Heat Pump(s)
Heating: Yes
Lot Size Square Feet: 6097
Parking Total: 4
Number of 2 Bedroom Units: 2
Map directions Map directions Map directionsSource Listing Status: Active
County: SUSSEX
Source Property Type: Multi-Family
Area: SUSSEX
Source Neighborhood: DODDS ADDITION
Postal Code Plus 4: 2073
Subdivision: DODDS ADDITION
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $14,700 + $6,750 $21,450 | $1,847 |
| 2021 | $14,700 + $6,750 $21,450 | $1,838 |
| 2020 | $14,700 + $6,750 $21,450 | $1,832 |
| 2019 | $14,700 + $6,750 $21,450 | $1,778 |
| 2018 | $14,700 + $6,750 $21,450 | $941 |
| 2017 | $14,700 + $6,750 $21,450 | $902 |
| 2016 | $14,700 + $6,750 $21,450 | $916 |
| 2015 | $14,700 + $6,750 $21,450 | $878 |
| 2014 | $14,700 + $6,750 $21,450 | $872 |
| 2013 | $14,700 + $6,750 $21,450 | $849 |
| 2012 | $unknown + $unknown $21,450 | $846 |
| 2011 | $unknown + $unknown $21,450 | $769 |
$1,695,000
BrightMLS
Price Changed 2024-04-10
$1,695,000
BrightMLS
Listed 2024-03-11
$1,725,000
BrightMLS
Listing removed 2023-11-27
$0
BrightMLS
Listing removed 2023-11-27
$0
BrightMLS
Price Changed 2023-10-25
$1,799,900
BrightMLS
Price Changed 2023-10-25
$1,799,900
BrightMLS
Listed 2023-09-16
$1,895,000
BrightMLS
Listed 2023-09-13
$1,895,000
BrightMLS
Sold 2013-10-07
$910,000
Public Record
Listing removed 2013-08-16
$955,000
Sussex
Listed 2013-08-12
$955,000
Sussex
Listing removed 2012-02-03
$975,000
BrightMLS
Listing removed 2011-12-14
$975,000
BrightMLS
Listing removed 2011-04-25
$975,000
Sussex
Price Changed 2011-04-02
$975,000
Sussex
Listed 2011-02-24
$975,000
BrightMLS
Listed 2010-01-22
$975,000
BrightMLS
Price Changed 2009-02-24
$1,050,000
Sussex
Listed 2009-02-22
$975,000
Sussex
Sold 1998-06-25
$182,500
Public Record
Construction Materials: Stick Built, Vinyl Siding
Property Age: 44
Structure Type: Detached
House Style: Coastal
Architectural Style: Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.