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19666 Princess St #131
C+ Composite 62.8
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.2/10.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$112,000

19666 Princess St #131 · Rehoboth Beach, DE 19971
3 bd · 2.0 ba · 1,536 sqft · Manufactured · 222 Days on market
Built 1972 4,791 sqft lot $73/sqft · 21% above area Est $92k · 21% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Extra spacious Barrington Homes doublewide is located on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has an expansive living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy breakfast area, has a tile backsplash and hi-def laminate countertops. There’s fridge with an ice/water dispenser, disposal, electric cooktop, range hood, and a wall oven (and there’s space to install a new dishwasher). The home also has a more-formal dining area next to the kitchen. The main bedroom is en Suite. That bath has a long single-sink vanity for lots of counter space, and it has a stall shower. The other two bedrooms, which are generously sized, share the second full bath in the hall, which has a tub/shower. The side-by-side washer and dryer are in the hall. Ample closet space. Great screened porch with natural privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Water heater was new in 2023, and the home has an all-electric HVAC Pac unit, which was installed in July of 2020. Furnished as seen. 2025 Lot Rent is $1,167/mt. (thereafter, lease will renew annually, with any increases capped as per 25 DE C. Sec 7050-7054). Lot rent includes trash/recycle, seasonal lawn service, and pool/fitness center membership. Homeowner pays electric, water, sewer. Equity LifeStyle Properties, Inc. , the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted. ) Financing may be available to qualified borrowers from only a very, very few Lenders that specialize in installment/chattel loans for Pre-HUD mobile homes on leased land. Closing costs will include the 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.

Key facts

  • Large corner lot
  • Community pool
  • Gas fireplace

Tags

LARGE CORNER LOTCOMMUNITY POOLEXPANSIVE LIVING ROOMGAS FIREPLACETILE BACKSPLASHHI-DEF LAMINATE COUNTERTOPS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $112k.

Deal economics

  • At list price, monthly cash flow is $1k ($17k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $112k).
  • Recommended offer: $99k (12.0% below list) — sets the bar for market timing.
  • Cap rate 21.1% vs local median 1.1% in Rehoboth Beach — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 71/100 on livability (#20 in DE) — a middle-class / working-renter tenant base. Strengths: schools A+, amenities A+, employment A+; Watch: crime F, commute F, cost of living F.
  • Cape Henlopen School District (town): math 42% / reading 55% proficiency, ranked #5 of 26 in DE (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 331 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 4,354 units permitted in Sussex County in 2024 (344 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($102k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $774 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Sussex County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 222 days — a 12% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 7y ago; this cycle's ask has dropped $8k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $45k; list at $112k implies a 149% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $98,560 (12.0% below list)

Questions for the listing agent

  1. It's been on market 222 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
2.43%
Cap rate
21.05%
Cash-on-cash
52.72%
DSCR
3.35
GRM
3.4

CMA / ARV

ARV (median comp)
$92,284
List price
$112,000
Delta
21.36%
Verdict
OVERPRICED
Comps
2 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19728 Princess St #3329 0.12mi 2/2.0 (-1) 1,344 (-12%) 21mo $125,000 $93 51

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
50.7%
Equity multiple
3.22×
Total profit
$69,644
Equity at exit
$16,700
10-year hold
IRR
56.1%
Equity multiple
6.54×
Total profit
$173,807
Equity at exit
$9,684

Cash invested: $31,360 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
70 Landlord-Friendly
State Delaware
70 Landlord-Friendly · D+7
County
— inherits STATE
City
— inherits STATE
Court of Common Pleas hears L&T; moderate-paced. No state rent control.

ZIP-level market 19971

Active inventory
331
Price-to-rent
3.4×

Monthly cashflow live

Estimated rent
$2,724 high interval (Pro) →
Mortgage (P&I)
$587
Tax est. 1.5%
$140 /mo · $1,680/yr
Insurance
$47
HOA
$0
Vacancy / Maint / Mgmt
$572
Net cashflow
$1,378

Break-even live

Break-even rent $980
Max offer price $112,000
Occupancy floor 44%

Sensitivity live

Price -10% $1,455 -5% $1,416 +0% $1,378 +5% $1,339 +10% $1,300
Rent -10% $1,163 -5% $1,270 +0% $1,378 +5% $1,485 +10% $1,593
Rate -1.0pp $1,434 -0.5pp $1,406 base $1,378 +0.5pp $1,349 +1.0pp $1,319

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$28,000
Closing costs
$3,360
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
113 Loganberry Ln Rehoboth Beach, DE 3.0 2.0 1629 $2,900 $1.78 14d 1 0.49mi
32015 Azure Ave Rehoboth Beach, DE 1.0–3.0 1.0–2.0 1054 $2,375 $2.25 44d 1 0.93mi
20327 Mallory Ct Rehoboth Beach, DE 4.0 3.0 1920 $2,450 $1.28 44d 1 1.18mi
37264 Sea Coast Ct #13 Rehoboth Beach, DE 3.0 3.5 2100 $2,200 $1.05 22d 1 1.20mi
16 Colgate Dr Rehoboth Beach, DE 2.0 2.0 1192 $2,400 $2.01 14d 1 1.21mi
15 Colgate Dr Rehoboth Beach, DE 3.0 2.0 1120 $2,275 $2.03 22d 1 1.22mi
3500 Sanibel Cir #3516 Rehoboth Beach, DE 2.0 2.0 1150 $2,000 $1.74 22d 1 1.27mi
3300 Sanibel Cir #3301 Rehoboth Beach, DE 3.0 2.0 1395 $2,100 $1.51 44d 1 1.34mi

Listing history 27 events

  1. 2026-06-18
    days on market $112,000 Active 222 DOM
  2. 2026-06-17
    days on market $112,000 Active 221 DOM
  3. 2026-06-16
    days on market $112,000 Active 220 DOM
  4. 2026-06-15
    days on market $112,000 Active 219 DOM
  5. 2026-06-14
    days on market $112,000 Active 217 DOM
  6. 2026-06-13
    days on market $112,000 Active 216 DOM
  7. 2026-06-10
    days on market $112,000 Active 214 DOM
  8. 2026-06-09
    days on market $112,000 Active 213 DOM
  9. 2026-06-08
    days on market $112,000 Active 212 DOM
  10. 2026-06-07
    days on market $112,000 Active 211 DOM
  11. 2026-06-05
    days on market $112,000 Active 208 DOM
  12. 2026-06-03
    days on market $112,000 Active 207 DOM
  13. 2026-06-02
    days on market $112,000 Active 206 DOM
  14. 2026-06-01
    days on market $112,000 Active 205 DOM
  15. 2026-05-31
    days on market $112,000 Active 204 DOM
  16. 2026-05-30
    days on market $112,000 Active 203 DOM
  17. 2026-04-24
    price $112,000 2124-char remark
    Show marketing remark (2124 chars)

    Extra spacious Barrington Homes doublewide is located on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has an expansive living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy breakfast area, has a tile backsplash and hi-def laminate countertops. There’s fridge with an ice/water dispenser, disposal, electric cooktop, range hood, and a wall oven (and there’s space to install a new dishwasher). The home also has a more-formal dining area next to the kitchen. The main bedroom is en Suite. That bath has a long single-sink vanity for lots of counter space, and it has a stall shower. The other two bedrooms, which are generously sized, share the second full bath in the hall, which has a tub/shower. The side-by-side washer and dryer are in the hall. Ample closet space. Great screened porch with natural privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Water heater was new in 2023, and the home has an all-electric HVAC Pac unit, which was installed in July of 2020. Furnished as seen. 2025 Lot Rent is $1,167/mt. (thereafter, lease will renew annually, with any increases capped as per 25 DE C. Sec 7050-7054). Lot rent includes trash/recycle, seasonal lawn service, and pool/fitness center membership. Homeowner pays electric, water, sewer. Equity LifeStyle Properties, Inc. , the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted. ) Financing may be available to qualified borrowers from only a very, very few Lenders that specialize in installment/chattel loans for Pre-HUD mobile homes on leased land. Closing costs will include the 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.

  18. 2026-03-07
    price $115,000 2124-char remark
    Show marketing remark (2124 chars)

    Extra spacious Barrington Homes doublewide is located on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has an expansive living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy breakfast area, has a tile backsplash and hi-def laminate countertops. There’s fridge with an ice/water dispenser, disposal, electric cooktop, range hood, and a wall oven (and there’s space to install a new dishwasher). The home also has a more-formal dining area next to the kitchen. The main bedroom is en Suite. That bath has a long single-sink vanity for lots of counter space, and it has a stall shower. The other two bedrooms, which are generously sized, share the second full bath in the hall, which has a tub/shower. The side-by-side washer and dryer are in the hall. Ample closet space. Great screened porch with natural privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Water heater was new in 2023, and the home has an all-electric HVAC Pac unit, which was installed in July of 2020. Furnished as seen. 2025 Lot Rent is $1,167/mt. (thereafter, lease will renew annually, with any increases capped as per 25 DE C. Sec 7050-7054). Lot rent includes trash/recycle, seasonal lawn service, and pool/fitness center membership. Homeowner pays electric, water, sewer. Equity LifeStyle Properties, Inc. , the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted. ) Financing may be available to qualified borrowers from only a very, very few Lenders that specialize in installment/chattel loans for Pre-HUD mobile homes on leased land. Closing costs will include the 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.

  19. 2026-01-02
    price $117,500 2124-char remark
    Show marketing remark (2124 chars)

    Extra spacious Barrington Homes doublewide is located on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has an expansive living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy breakfast area, has a tile backsplash and hi-def laminate countertops. There’s fridge with an ice/water dispenser, disposal, electric cooktop, range hood, and a wall oven (and there’s space to install a new dishwasher). The home also has a more-formal dining area next to the kitchen. The main bedroom is en Suite. That bath has a long single-sink vanity for lots of counter space, and it has a stall shower. The other two bedrooms, which are generously sized, share the second full bath in the hall, which has a tub/shower. The side-by-side washer and dryer are in the hall. Ample closet space. Great screened porch with natural privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Water heater was new in 2023, and the home has an all-electric HVAC Pac unit, which was installed in July of 2020. Furnished as seen. 2025 Lot Rent is $1,167/mt. (thereafter, lease will renew annually, with any increases capped as per 25 DE C. Sec 7050-7054). Lot rent includes trash/recycle, seasonal lawn service, and pool/fitness center membership. Homeowner pays electric, water, sewer. Equity LifeStyle Properties, Inc. , the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted. ) Financing may be available to qualified borrowers from only a very, very few Lenders that specialize in installment/chattel loans for Pre-HUD mobile homes on leased land. Closing costs will include the 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.

  20. 2025-11-08
    listed $120,000 Active 2124-char remark
    Show marketing remark (2124 chars)

    Extra spacious Barrington Homes doublewide is located on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has an expansive living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy breakfast area, has a tile backsplash and hi-def laminate countertops. There’s fridge with an ice/water dispenser, disposal, electric cooktop, range hood, and a wall oven (and there’s space to install a new dishwasher). The home also has a more-formal dining area next to the kitchen. The main bedroom is en Suite. That bath has a long single-sink vanity for lots of counter space, and it has a stall shower. The other two bedrooms, which are generously sized, share the second full bath in the hall, which has a tub/shower. The side-by-side washer and dryer are in the hall. Ample closet space. Great screened porch with natural privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Water heater was new in 2023, and the home has an all-electric HVAC Pac unit, which was installed in July of 2020. Furnished as seen. 2025 Lot Rent is $1,167/mt. (thereafter, lease will renew annually, with any increases capped as per 25 DE C. Sec 7050-7054). Lot rent includes trash/recycle, seasonal lawn service, and pool/fitness center membership. Homeowner pays electric, water, sewer. Equity LifeStyle Properties, Inc. , the community owner, requires an Application from the Buyer, with acceptance based on the following criteria: 1.)income verification, 2.)credit bureau score, plus evaluation of debt-to-income ratio, and 3.)criminal background check. (Note: Family & friends may always visit, but rentals are NOT permitted. ) Financing may be available to qualified borrowers from only a very, very few Lenders that specialize in installment/chattel loans for Pre-HUD mobile homes on leased land. Closing costs will include the 3.75% transfer tax (DMV Doc Fee) & a Settlement Agent fee.

  21. 2019-04-30
    soldstatus $45,000 Closed 1312-char remark
    Show marketing remark (1312 chars)

    Spacious Barrington Homes doublwide on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has a large living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy eat-in breakfast area, has a pretty backsplash & was recently update with new countertops. There is also a formal dining room. The master suite has its own full bath (shower). The other two bedroom share the second full bath in the hall (tub/shower combo). The side-by-side washer and dryer are in the hall. Great screened porch with lots of privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Annually-renewable leasehold interest: Lot Rent of $704/mt includes seasonal grass cutting, trash/recycle service, pool & clubhouse/fitness center membership. Park Application Required, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Home's age is 1972, which is pre-HUD (June 30, 1976), so sale may have to be a cash purchase. "AS IS" at this price. 3.75% DMV Doc Fee is part of the Buyer closing costs.

  22. 2019-04-26
    status Pending 1312-char remark
    Show marketing remark (1312 chars)

    Spacious Barrington Homes doublwide on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has a large living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy eat-in breakfast area, has a pretty backsplash & was recently update with new countertops. There is also a formal dining room. The master suite has its own full bath (shower). The other two bedroom share the second full bath in the hall (tub/shower combo). The side-by-side washer and dryer are in the hall. Great screened porch with lots of privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Annually-renewable leasehold interest: Lot Rent of $704/mt includes seasonal grass cutting, trash/recycle service, pool & clubhouse/fitness center membership. Park Application Required, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Home's age is 1972, which is pre-HUD (June 30, 1976), so sale may have to be a cash purchase. "AS IS" at this price. 3.75% DMV Doc Fee is part of the Buyer closing costs.

  23. 2019-04-12
    historical Active Under Contract 1312-char remark
    Show marketing remark (1312 chars)

    Spacious Barrington Homes doublwide on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has a large living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy eat-in breakfast area, has a pretty backsplash & was recently update with new countertops. There is also a formal dining room. The master suite has its own full bath (shower). The other two bedroom share the second full bath in the hall (tub/shower combo). The side-by-side washer and dryer are in the hall. Great screened porch with lots of privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Annually-renewable leasehold interest: Lot Rent of $704/mt includes seasonal grass cutting, trash/recycle service, pool & clubhouse/fitness center membership. Park Application Required, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Home's age is 1972, which is pre-HUD (June 30, 1976), so sale may have to be a cash purchase. "AS IS" at this price. 3.75% DMV Doc Fee is part of the Buyer closing costs.

  24. 2019-04-08
    price $49,500 1312-char remark
    Show marketing remark (1312 chars)

    Spacious Barrington Homes doublwide on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has a large living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy eat-in breakfast area, has a pretty backsplash & was recently update with new countertops. There is also a formal dining room. The master suite has its own full bath (shower). The other two bedroom share the second full bath in the hall (tub/shower combo). The side-by-side washer and dryer are in the hall. Great screened porch with lots of privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Annually-renewable leasehold interest: Lot Rent of $704/mt includes seasonal grass cutting, trash/recycle service, pool & clubhouse/fitness center membership. Park Application Required, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Home's age is 1972, which is pre-HUD (June 30, 1976), so sale may have to be a cash purchase. "AS IS" at this price. 3.75% DMV Doc Fee is part of the Buyer closing costs.

  25. 2019-03-28
    status Active 1312-char remark
    Show marketing remark (1312 chars)

    Spacious Barrington Homes doublwide on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has a large living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy eat-in breakfast area, has a pretty backsplash & was recently update with new countertops. There is also a formal dining room. The master suite has its own full bath (shower). The other two bedroom share the second full bath in the hall (tub/shower combo). The side-by-side washer and dryer are in the hall. Great screened porch with lots of privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Annually-renewable leasehold interest: Lot Rent of $704/mt includes seasonal grass cutting, trash/recycle service, pool & clubhouse/fitness center membership. Park Application Required, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Home's age is 1972, which is pre-HUD (June 30, 1976), so sale may have to be a cash purchase. "AS IS" at this price. 3.75% DMV Doc Fee is part of the Buyer closing costs.

  26. 2019-03-19
    historical Active Under Contract 1312-char remark
    Show marketing remark (1312 chars)

    Spacious Barrington Homes doublwide on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has a large living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy eat-in breakfast area, has a pretty backsplash & was recently update with new countertops. There is also a formal dining room. The master suite has its own full bath (shower). The other two bedroom share the second full bath in the hall (tub/shower combo). The side-by-side washer and dryer are in the hall. Great screened porch with lots of privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Annually-renewable leasehold interest: Lot Rent of $704/mt includes seasonal grass cutting, trash/recycle service, pool & clubhouse/fitness center membership. Park Application Required, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Home's age is 1972, which is pre-HUD (June 30, 1976), so sale may have to be a cash purchase. "AS IS" at this price. 3.75% DMV Doc Fee is part of the Buyer closing costs.

  27. 2019-02-15
    listed $55,000 Active 1312-char remark
    Show marketing remark (1312 chars)

    Spacious Barrington Homes doublwide on a large corner lot in the beach resort community of Camelot Meadows - Just 4 miles to the famous Rehoboth Beach boardwalk. .. but even closer to the community pool. This home has a large living room featuring a gas fireplace with a tile surround. The kitchen, with a cozy eat-in breakfast area, has a pretty backsplash & was recently update with new countertops. There is also a formal dining room. The master suite has its own full bath (shower). The other two bedroom share the second full bath in the hall (tub/shower combo). The side-by-side washer and dryer are in the hall. Great screened porch with lots of privacy. Shed for all your beach gear. Laminate flooring throughout, with vinyl in the kitchen & baths. Insulated replacement windows. Annually-renewable leasehold interest: Lot Rent of $704/mt includes seasonal grass cutting, trash/recycle service, pool & clubhouse/fitness center membership. Park Application Required, with acceptance based on: 1)Income Verification; 2)Credit Bureau Score (including debt-to-income ratio); 3)Clean Criminal Background Check. Home's age is 1972, which is pre-HUD (June 30, 1976), so sale may have to be a cash purchase. "AS IS" at this price. 3.75% DMV Doc Fee is part of the Buyer closing costs.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥101°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$32,685
− Mortgage interest
−$6,274
− Property taxes
−$1,680
− Insurance
−$560
− Repairs & maintenance
−$2,615
− Management
−$2,615
− Depreciation
−$3,258
Taxable income
$15,684
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,764
After-tax cash flow
$12,769/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Cape Henlopen School District
NCES district ID
1000170
Math proficiency
42% ▼ -14.00%
Reading proficiency
55% ▼ -10.00%
Median HH income
$60,196
Composite
42.47/100
National rank
#3214
State rank
#5 of 26 in DE

Livability — Rehoboth Beach

Score
71/100
State rank
#20
US rank
#6520

Category grades

Amenities A+ Commute F Cost of living F Crime F Employment A+ Housing B- Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Sussex County · 82,708 people
City population
14,886
Metro
Salisbury, MD-DE
Population (ZIP)
14,886
Household income
$102,146
Rent vs Own
13.2% rent · 86.8% own
Severe rent burden
317.0

Population outlook (Sussex County) Hauer SSP2

Today (2025)
248,853 people
By 2030
264,464 · +6.3%
By 2040
290,980 · +16.9%
By 2050
311,259 · +25.1%
By 2075
352,488 · +41.6%
By 2100
367,406 · +47.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (88%)
Race & ethnicity
White 88% Black 4% Two or more races 4% Hispanic / Latino 3% Asian 2%
Common ancestry
Romanian 5% Slovak 3% Italian 3%
Foreign-born
6% · Canada, China
Languages at home
95% English-only · Spanish 2% Russian/Polish/Slavic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Sussex

2024 margin
R (+11.0) · D 43.9% · R 54.9% · Other 1.2%
2008→2024 swing
-2.4pp toward R · 2008: -8.6pp · 2024: -11.0pp
All cycles
2024: R+11.0 2020: R+11.2 2016: R+22.0 2012: R+13.0 2008: R+8.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -220.39%
Current HPI
353.3977
Rent YoY
Metro
Salisbury, MD-DE
State GDP YoY
F500 in state
0

Price history

+103.6% since first listed
11 events — show timeline
  • 2026-04-24 Price Changed $112,000 BRIGHT MLS
  • 2026-03-07 Price Changed $115,000 BRIGHT MLS
  • 2026-01-02 Price Changed $117,500 BRIGHT MLS
  • 2025-11-08 Listed $120,000 BRIGHT MLS
  • 2019-04-30 Sold (MLS) $45,000 BRIGHT MLS
  • 2019-04-26 Pending BRIGHT MLS
  • 2019-04-12 Contingent BRIGHT MLS
  • 2019-04-08 Price Changed $49,500 BRIGHT MLS
  • 2019-03-28 Relisted BRIGHT MLS
  • 2019-03-19 Contingent BRIGHT MLS
  • 2019-02-15 Listed $55,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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