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200 Henlopen Stat # 202B Rehoboth Beach, DE $ 525,000
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$ 525,000 Get more info
200 Henlopen Stat # 202B
$ 525,000
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Share Save

200 Henlopen Stat # 202B

Rehoboth Beach, DE, 19971
$ 525,000
Bedrooms2 Baths2.0

Monthly Estimate*

$ 3,489

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Condo for sale in Rehoboth Beach, DE

for $525,000 with 2 bedrooms and 2 full baths. This condo was built in 1983.

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. 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. The raised floor in the Dining Room is being removed. The stove, microwave and dishwasher are being replaced with new stainless appliances as soon as we can get them. Immediate showings

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Condo Active

Price

$ 525,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 842

Style

Unit/Flat

Year Built

1983

Town/City

Rehoboth Beach

County/Region

Sussex

MLS | Web ID

DESU2055804
Features
General
Interior Features Built-Ins Carpet Dining Area Entry Level Bedroom Floor Plan - Open Kitchen - Country Primary Bath(s) Soaking Tub Stall Shower Window Treatments Wood Floors
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Utilities Cable TV Electric Available Sewer Available Water Available
Possession Settlement
Roof Architectural Shingle
Appliances Built-In Microwave Dishwasher Dryer - Electric Oven/Range - Electric Refrigerator Washer Water Heater
Zoning C-1
HOA 711.00
Association Fee Includes Lawn Maintenance Common Area Maintenance Management Snow Removal Trash
Architectural Style Unit/Flat
Construction Materials Stone Vinyl Siding
Year Built 1983
Levels 3
Unit Number 202B
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Building Name NONE AVAILABLE
Accessibility None
Assoc Fee Paid Per Quarterly
County SUSSEX
New Construction N
Property Type Residential
Association Amenities Pool - Outdoor
HOA / Comm Assn Y
Subdivision Name HENLOPEN STATION
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Route 1 - left on Rehoboth Avenue - stay in the left lane - left at Henlopen Station - 2nd building
City REHOBOTH BEACH
Buyer Agent Compensation 2.5
Association Name LEGUM & NORMAN
Senior Community Y/N N
MLS Area Lewes Rehoboth Hundred (31009)
Waterfront Y/N N
Street Name HENLOPEN STAT
Tax Annual Amount 842.0
Home Warranty Y/N N
Property Condition Very Good
Structure Type Unit/Flat/Apartment
Condo/Coop Association Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Acceptable Financing Cash Conventional
Additional Parcels Y/N N
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 89
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Estimated
Legal Subdivision Henlopen Station
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 0
Full Baths 2
Half Baths 0
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Entry Level 2
Main Level Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool Yes - Community
Parking Features Assigned
Water Source Public
Type of Parking Parking Lot
Foundation Details Concrete Perimeter
Spa N
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Horse Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 200
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* Excluded Features
List By
Mcwilliams/Ballard, Inc.

Broker

frankhornstein1@gmail.com

Email

Affordability Calculator

$3,559
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,489
Monthly Property Taxes
$70
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2314408 Elementary School
2314409 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2024$525,000 -0.94% Price Down
3/25/2024$530,000 -0.93% Price Down
2/11/2024$535,000 Listed Price

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200 Henlopen Stat # 202B, Rehoboth Beach, DE, 19971 is a Condo for sale at $525,000. 200 Henlopen Stat # 202B has 2 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 19971 which is in Rehoboth Beach, DE

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