$3,500,000
$3,750,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
5 NEW CASTLE ST Rehoboth Beach, DE 19971
6 Beds
5 Baths
3,000 SqFt
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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Bought with ELIZABETH DORMAN • Coldwell Banker Resort Realty - Rehoboth