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(2 UNIT PROPERTY)-1 Wanoma Circle

REHOBOTH BEACH, DE 19971
  • $695,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: DESU2019066
UPDATED: 32 min ago
$695,000
  • 4
    BEDS
  • 0.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,400
    SQFT
  • $158
    $/SQFT
Type:
Single-Family Home
Built:
2003
County:

School Ratings & Info

School District:

Description

SUN KISSED, SUN POWERED, BREATHTAKING SUN SETS, WATER VIEW. Mother-In-Law Suite or Live-In Caregiver Suite with separate entrance. Enjoy unobstructed water views and a carefree coastal lifestyle 3.5 miles to sand, surf & boardwalk, with a constant $196 monthly electricity cost. This better than new, move-in ready home features real wood floors, enhanced lighting, premium architectural detail, maintenance-free decks, live-in caregiver or in-law suite with interior access and a separate entrance. Only one neighbor and miles of meandering walking trails among acres of fountained lakes. Community pool, community center and community boat & RV storage for residents. Low fees and total annual property tax of $1,702.34. The breathtaking sunsets never get old. Each element of this exquisite home has been painstakingly planned for a turn-key, immediate gratification buyer experience. RENT SUBSIDY OPTIONS: 1) Live in the house and rent the basement, and have $225,000 of your mortgage paid by your tenant ($1,250 monthly income at 5.375% interest). 2) Live in the basement and rent the house, and have $450,000 of your mortgage paid by your tenant ($2,500 monthly income at 5.375% interest). 3) Collecting rent from the home and basement for $3,700 per month cash flow ($44,400 annually) subsidizes a $670,000 mortgage.

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©2022 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: 2022-06-26T21:49:57.027.
www.coastline-realty.com/homes/128125491
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(2 UNIT PROPERTY)-1 Wanoma Circle REHOBOTH BEACH, DE 19971

  • Price: $695,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 32 min ago
  • ID#: DESU2019066
4
Beds
4
Baths
0
½ Baths
0.2
Acres
4,400
SQFT
$158
$/SQFT
2003
Built
Neighborhood:
Villages Of Old Landing Ii
County:
Sussex
Area:
Lewes Rehoboth Hundred (31009)
School District:
Cape Henlopen
Property Description
SUN KISSED, SUN POWERED, BREATHTAKING SUN SETS, WATER VIEW. Mother-In-Law Suite or Live-In Caregiver Suite with separate entrance. Enjoy unobstructed water views and a carefree coastal lifestyle 3.5 miles to sand, surf & boardwalk, with a constant $196 monthly electricity cost. This better than new, move-in ready home features real wood floors, enhanced lighting, premium architectural detail, maintenance-free decks, live-in caregiver or in-law suite with interior access and a separate entrance. Only one neighbor and miles of meandering walking trails among acres of fountained lakes. Community pool, community center and community boat & RV storage for residents. Low fees and total annual property tax of $1,702.34. The breathtaking sunsets never get old. Each element of this exquisite home has been painstakingly planned for a turn-key, immediate gratification buyer experience. RENT SUBSIDY OPTIONS: 1) Live in the house and rent the basement, and have $225,000 of your mortgage paid by your tenant ($1,250 monthly income at 5.375% interest). 2) Live in the basement and rent the house, and have $450,000 of your mortgage paid by your tenant ($2,500 monthly income at 5.375% interest). 3) Collecting rent from the home and basement for $3,700 per month cash flow ($44,400 annually) subsidizes a $670,000 mortgage.
Exterior Features

Architectural Style CoastalContemporary Construction Materials FrameVinyl Siding Direction Faces East Exterior Features Extensive HardscapeExterior LightingHot TubLawn SprinklerSidewalksStreet Lights Fencing PartiallyVinyl Garage Spaces 2.00 Garage Type Garage - Front EntryGarage Door OpenerInside Access Garage YN Yes Location Type Lake Lot Features Backs - ParklandBacks - Open Common AreaLandscapingPond Other Structures Above GradeBelow Grade Parking Types Attached GarageDriveway Patio And Porch Features Deck(S)Patio(S)Porch(Es)Screened Pool Yes - Community Property Condition Excellent Riparian Rights YN No Roof Architectural Shingle View LakePondScenic VistaWater Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 3140 Appliances Built-In MicrowaveBuilt-In RangeDishwasherDisposalExtra Refrigerator/FreezerOven/Range - GasStainless Steel AppliancesWasher - Front LoadingDryer - Front LoadingWater Heater Basement FullOutside EntranceInterior AccessSump PumpWalkout StairsWorkshopOtherPartially FinishedPoured Concrete Basement YN Yes Below Grade Finished Area 1260 Below Grade Unfinished Area 520 Cooling Central A/C Fireplace Features Gas/Propane Fireplace YN Yes Fireplaces Total 1 Flooring CarpetCeramic TileSolid Hardwood Furnished No Heating Forced Air Heating YN Yes Interior Features 2nd KitchenBreakfast AreaBuilt-InsCeiling Fan(S)Crown MoldingsEntry Level BedroomFloor Plan - OpenKitchen - GourmetPrimary Bath(S)Upgraded CountertopsWalk-In Closet(S)Whirlpool/HottubWindow TreatmentsWood Floors Laundry Type Main Floor Levels 3 Main Level Bedrooms 2 Pets Allowed Cats OkDogs Ok Room List Living RoomDining RoomPrimary BedroomBedroom 2Bedroom 4KitchenFamily RoomBreakfast RoomBedroom 1StudyGreat RoomLaundryLoftStorage RoomBathroom 2Bathroom 3Primary BathroomFull Bath Upper Level1 Bedrooms 1

Property Features

Accessibility Features None Assessment Year 2021 Association Amenities Community CenterLakePicnic AreaSwimming PoolOther Association Fee 1000.00 Association Fee Frequency Annually Association Fee Includes Pool(S)Recreation Facility Association YN Yes Central Air YN Yes Condo YN No Cooling Fuel Electric Electric Photovoltaics Third-Party Owned Federal Flood Zone YN No Foundation Details Other Green Energy Generation Pv Solar Array(S) Leased Heating Fuel Propane - Metered Historic YN No Horse YN No Hot Water Propane Navigable Water YN N New Construction YN No Original MLSNumber 801436018406 Ownership Interest Fee Simple Pets Allowed YN Yes Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 1702.00 Utilities Propane - Community Vacation Rental YN No Water Source Public Zoning Mr

Listing courtesy of Coldwell Banker Premier - Rehoboth.


©2022 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: 2022-06-26T21:49:57.027.
 
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