This condominium sounds like a fantastic investment opportunity!

Its location close to downtown, combined with its flexibility for weekly rentals and Airbnb, make it attractive. The potential rental income figures are promising, especially during prime season. I t can possibly rent for $1995- a week during prime season and year-round for $2000-/month. The layout seems well-designed for both comfort and functionality, with the open concept living space, hardwood floors and a sizeable deck overlooking the pool.

The two bedrooms and two bathrooms, along with updated features like new vanities and toilets, add to its appeal. Moreover, amenities like assigned parking, mature landscping, a community pool, grill area, dining gazebo and covered bike storage enhance the overall value of the property. Its proximity to the Breakwater bike trail and the easy access to town and the beach make it even more appealing to potential renters. Overall, it seems like a highly desirable property with tremendous potential for rental income and enjoyment for both tenants and owners alike. The demand for this location will mean that it won't last long. Call today for a showing.

Request Information
on 200 Henlopen Sta Unit 202
in Rehoboth Beach, DE
Presented by Frank Hornstein at
McWilliams/Ballard, Inc.


Property MLS #DESU2055804 from BrightMLS

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 2

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Interior Features

Built-Ins
Carpet
Dining Area
Entry Level Bedroom
Floor Plan - Open
Kitchen - Country
Primary Bath(s)
Soaking Tub
Stall Shower
Window Treatments
Wood Floors

+ Appliances

Built-In Microwave
Dishwasher
Dryer - Electric
Oven/Range - Electric
Refrigerator
Washer
Water Heater
Washer Dryer Hookup: Yes

+ Heating and Cooling

Cooling Features: Heat Pump(s)
Heating Features: Heat Pump(s)
Heating: Yes

+ Garage and Parking

Parking Features: Assigned, Parking Lot Spaces: 2, Parking Lot
Parking Total: 2

+ Homeowners Association

Association: Yes
Association Fee: 711
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 237

+ School Information

School District: CAPE HENLOPEN
+ Display Complete School Details

Rehoboth Elementary School is a public elementary school located approximately 0.6 miles away.
Map directions

Cape Henlopen High School is a public high school located approximately 4.1 miles away.
Map directions

Mariner Middle School is a public middle school located approximately 12.1 miles away.
Map directions

Legal Name Bethel Preschool of Lewes Inc. is a private elementary school located approximately 4.7 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 842.0
Source Listing Status: Active
County: SUSSEX
Disclaimer: Standard
Ownership: Condominium
Source Property Type: Residential
Area: SUSSEX
Property Subtype: condo
Source Neighborhood: HENLOPEN STATION
Subdivision: HENLOPEN STATION
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$17,100 + $1,050 $18,150	$862
2021	$17,100 + $1,050 $18,150	$854
2020	$17,100 + $1,050 $18,150	$852
2019	$17,100 + $1,050 $18,150	$853
2018	$17,100 + $1,050 $18,150	$797
2017	$17,100 + $1,050 $18,150	$763
2016	$17,100 + $1,050 $18,150	$725
2015	$17,100 + $1,050 $18,150	$692
2014	$17,100 + $1,050 $18,150	$687
2013	$17,100 + $1,050 $18,150	$668
2012	$unknown + $unknown $18,150	$665
2011	$unknown + $unknown $18,150	$596

+ Reveal Property Sale History

Price Changed 2024-04-16
$525,000
BrightMLS

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Price Changed 2024-03-25
$530,000
BrightMLS

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Listed 2024-02-21
$535,000
BrightMLS

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Sold 2004-03-01
$239,000
Public Record

+ Building and Construction

Year Built: 1983
Construction Materials: Stone, Vinyl Siding
Property Age: 41
Levels or Stories: 3
Structure Type: Unit/Flat/Apartment
House Style: Unit/Flat