15 West Street

    DEWEY BEACH, DE 19971
    • $1,150,000
    • STATUS: Active
    • ON SITE: 150 days
    • ID#: DESU150976
    $1,150,000
    • 7
      BEDS
    • 0.11
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $319
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2017
    County:

    School Information

    Middle School:
    High School:
    School District:

    Description

    LOCATION! LOCATION! LOCATION! Highly desirable Rehoboth By The Sea neighborhood on infamous West Street! 107 steps to the beach, on the ocean block, and 5 houses to fun in the sand and surf!!!! Five weeks rented with $53,000.00 income booked as of February 5th! Expected income $100,000.00+ for the current summer season 2020. Please call listing agent with rents subject to a sale for an owner/occupied closing.Built in May of 2017, this tasteful, 7 bedroom, 5 full bath home has an open floor-plan, bright, with easy maintenance. One bedroom and full bath on the first level, as well as a full sized laundry room and pantry. Second level boasts 4 large bedrooms, 3 full baths, plus a bonus room opening onto a south facing large deck. Third level has 2 large bedrooms, with a large full bath and a shared common area. Walk-in closets and ample storage throughout! Three zoned A/C and heating, outdoor shower, and a large shed for gardening materials, bicycles, surfboards, and beach chairs. Parking for 7+ cars. Furniture conveys with the exception of wall decor and one leather sofa. Conventional financing available on the ground lease rental of 57 years remaining. Rehoboth By the Sea Realty, the land owner, will consider a land purchase. Please ask agent for details and contact information. This is a wonderful year round home, but is also an investors dream...summer rentals have begun and and currently the owner is getting $10,000. + a week in the high season. Four weeks rented with $42,400.00 income booked as of April 4th, weeks 7/11, 7/18, 7/25, and 8/8 Rented! Owner has gone through VRBO personally, not through a Rental Agency so can be cancelled/refunded to the tenant if the new buyer would not want to rent at all or less, although must be cancelled in enough time for renters to get something else. Please call listing agent with rents subject to a sale for an owner/occupied closing. Agent related to Owner.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-04-07T23:50:06.42.
    www.coastline-realty.com/homes/100718335

    15 West Street DEWEY BEACH, DE 19971

    • Price: $1,150,000
    • Status: Active
    • ID#: DESU150976
    7
    Beds
    5
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,600
    SQFT
    $319
    $/SQFT
    2017
    Built
    Neighborhood:
    Rehoboth By The Sea
    County:
    Sussex
    Area:
    Lewes Rehoboth Hundred (31009)
    Middle School:
    Beacon
    High School:
    Cape Henlopen
    School District:
    Cape Henlopen
    Property Description
    LOCATION! LOCATION! LOCATION! Highly desirable Rehoboth By The Sea neighborhood on infamous West Street! 107 steps to the beach, on the ocean block, and 5 houses to fun in the sand and surf!!!! Five weeks rented with $53,000.00 income booked as of February 5th! Expected income $100,000.00+ for the current summer season 2020. Please call listing agent with rents subject to a sale for an owner/occupied closing.Built in May of 2017, this tasteful, 7 bedroom, 5 full bath home has an open floor-plan, bright, with easy maintenance. One bedroom and full bath on the first level, as well as a full sized laundry room and pantry. Second level boasts 4 large bedrooms, 3 full baths, plus a bonus room opening onto a south facing large deck. Third level has 2 large bedrooms, with a large full bath and a shared common area. Walk-in closets and ample storage throughout! Three zoned A/C and heating, outdoor shower, and a large shed for gardening materials, bicycles, surfboards, and beach chairs. Parking for 7+ cars. Furniture conveys with the exception of wall decor and one leather sofa. Conventional financing available on the ground lease rental of 57 years remaining. Rehoboth By the Sea Realty, the land owner, will consider a land purchase. Please ask agent for details and contact information. This is a wonderful year round home, but is also an investors dream...summer rentals have begun and and currently the owner is getting $10,000. + a week in the high season. Four weeks rented with $42,400.00 income booked as of April 4th, weeks 7/11, 7/18, 7/25, and 8/8 Rented! Owner has gone through VRBO personally, not through a Rental Agency so can be cancelled/refunded to the tenant if the new buyer would not want to rent at all or less, although must be cancelled in enough time for renters to get something else. Please call listing agent with rents subject to a sale for an owner/occupied closing. Agent related to Owner.
    Exterior Features

    Architectural Style Coastal Construction Materials Aluminum Siding Direction Faces South Distance To Body Of Water 0 Exterior Features Outside ShowerSecure StorageStreet Lights Garage YN No Other Structures Above Grade Parking Features Gravel DrivewayPrivate Parking Types DrivewayOff Street Pool No Pool Property Condition Turn Key Water Access Features Public BeachSwimming Allowed Water Access YN Yes Water Body Name Atlantic Water Body Type Ocean Water Oriented YN Yes Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3600 Basement YN No Cooling Central A/CCeiling Fan(S) Fireplace YN No Flooring Laminated Furnished Partially Heating 90% Forced Air Heating YN Yes Inclusions Most Of The Furniture Will ConveyA List Will Be Provided To Potential Purchasers. Interior Features Butlers Pantry Laundry Type Main Floor Levels 3+ Main Level Bedrooms 1 Room List Bedroom 1 Upper Level1 Bedrooms 4

    Property Features

    Accessibility Features Other Association YN No Building Name 0 Central Air YN Yes Condo YN No Cooling Fuel Electric Heating Fuel Electric Navigable Water YN Y New Construction YN No Original MLSNumber 302143423545 Ownership Interest Land Lease Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 0.00 Total Actual Rent 120000.00 Vacation Rental YN Yes Water Source Public Zoning Residential

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-04-07T23:50:06.42.
     
    CoastLine Realty
    31 Saulsbury Road, Suite 2
    Dover DE, 19904