$522,000
SOLD SEP 17, 2024

200 Henlopen Station Unit 202B Rehoboth Beach, DE 19971

2 Beds
2 Baths
-- Sq Ft
$237/mo HOA Fee

Recently Sold

2% Below List Price

194 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Furnished
  • Rehoboth Elementary School Rated A
  • Main Floor Bedroom
  • Community Pool

About This Home

As of September 2024

This condominium sounds like a fantastic investment opportunity! Its location close to downtown, combined with its flexibility for weekly rentals and Airbnb, make it very attractive. The potential rental income figures are promising, especially during prime season. It 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 spacious deck overlooking the pool. The two bedrooms and two bathrooms, along with updated features like new vanities and toilets, add to its appeal. The kitchen has new stainless steel appliances.

Moreover, amenities like assigned parking, mature landscaping, 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 great potential for rental income and enjoyment for both tenants and owners alike.

Immediate showings

Last Agent to Sell the Property

Frank Hornstein

McWilliams/Ballard, Inc.

Last Buyer's Agent

Anoma Newman

Bryan Realty Group License #RS0039348

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $842

Year Built

  • Built in 1983

Lot Details

  • Property is in very good condition

HOA Fees

  • $237 Monthly HOA Fees

Home Design

  • Architectural Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Window Treatments
  • Dining Area

Kitchen

  • Country Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Utilities

  • Air Source Heat Pump
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334-13.20-33.00-202B

Community Details

Overview

  • Association fees include lawn maintenance, common area maintenance, management, snow removal, trash
  • Legum & Norman HOA
  • Low-Rise Condominium
  • Henlopen Station Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$842

Year Built

Built in 1983

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-21
  • Federal Flood Zone: No
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This condominium sounds like a fantastic investment opportunity! Its location close to downtown, combined with its flexibility for weekly rentals and Airbnb, make it very attractive. The potential rental income figures are promising, especially during prime season. It 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 spacious deck overlooking the pool. The two bedrooms and two bathrooms, along with updated features like new vanities and toilets, add to its appeal. The kitchen has new stainless steel appliances. Moreover, amenities like assigned parking, mature landscaping, 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 great potential for rental income and enjoyment for both tenants and owners alike. Immediate showings
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Built-Ins, Carpet, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Primary Bath(s), Bathroom - Soaking Tub, Bathroom - Stall Shower, Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 711.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Management, Snow Removal, Trash
  • HOA Name: LEGUM & NORMAN
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CAPE HENLOPEN
  • School District Key: 300200396895
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: 999
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: C-1
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax: 766.00
  • Tax Annual Amount: 842.00
  • Assessor Parcel Number: 334-13.20-33.00-202B
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 09/17/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $522,000 -0.6% --
04/16/2024 04/16/24 Price Changed $525,000 -0.9% --
03/25/2024 03/25/24 Price Changed $530,000 -0.9% --
02/21/2024 02/21/24 For Sale $535,000 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DESU2055804

Bright MLS