Rehoboth Beach, DE 19971,5 NEW CASTLE ST
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Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST
Rehoboth Beach, DE 19971,5 NEW CASTLE ST

$3,500,000

Est. payment /mo

$3,750,000

6.7%
Est.Price: ?

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5 NEW CASTLE ST Rehoboth Beach, DE 19971

6 Beds

5 Baths

3,000 SqFt

SOLD DATE : 07/30/2021

Key Details

Sold Price $3,500,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,166

Subdivision South Rehoboth

MLS Listing ID DESU183862

Style Coastal

Bedrooms 6

Full Baths 4

Half Baths 1

Year Built 2001

Annual Tax Amount $2,885

Tax Year 2020

Lot Size 5,000 Sqft

Property Description

Welcome to 5 New Castle Street! This ocean block home with garage apartment in South Rehoboth is just steps to the beach, boardwalk and Rehoboth Avenue and includes a total of 6 bedrooms, 4.5 bathrooms. Numerous features could not be duplicated under today's building code. The first floor of the main house includes a large front porch, eat-in kitchen with granite counters and stainless steel appliances, spacious living room, den, and first floor master bedroom with adjacent full bath. Step upstairs to find a master suite with private deck that overlooks the ocean, plus two additional guest bedrooms and full bath. In the rear of the property sits a 2-car garage with a 2 bedroom, 1 bath apartment on the second floor and includes a living room, kitchen, and hardwood floors. Exterior features include an outdoor shower and three off-street parking spaces. This home offers excellent rental history and produces over $100,000 of income each summer. Unique opportunity to rent one unit and enjoy the other for yourself. Don't miss this opportunity to own an investment property or summer beach retreat!

Location

State DE

County Sussex

Area Lewes Rehoboth Hundred (31009)

Zoning TN

Interior

Hot Water Electric

Heating Heat Pump(s), Forced Air

Cooling Central A/C, Ceiling Fan(s)

Flooring Carpet, Hardwood

Equipment Refrigerator, Icemaker, Built-In Microwave, Oven/Range - Electric, Washer, Dryer, Disposal, Dishwasher, Exhaust Fan, Water Heater

Laundry Main Floor

Exterior

Exterior Feature Porch(es), Patio(s), Deck(s), Balcony

Parking Features Garage Door Opener

Garage Spaces 4.0

Fence Partially

Utilities Available Cable TV

Water Access N

View Ocean

Roof Type Architectural Shingle

Building

Story 2

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Cape Henlopen

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by BRYCE LINGO • Jack Lingo - Rehoboth
Bought with ELIZABETH DORMAN • Coldwell Banker Resort Realty - Rehoboth

Jason Gareau

Broker

+1(609) 929-4486

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