19666 Princess St #131 · Rehoboth Beach, DE
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $476 – $884
Heat risk 8/10 · Major
- Hot days now (above 101°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 80.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 50.7%
- Equity multiple
- 3.22×
- Total profit
- $69,644
- Equity at exit
- $16,700
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
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2026-06-18days on market $112,000 Active 222 DOM
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2026-06-17days on market $112,000 Active 221 DOM
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2026-06-16days on market $112,000 Active 220 DOM
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2026-06-15days on market $112,000 Active 219 DOM
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2026-06-14days on market $112,000 Active 217 DOM
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2026-06-13days on market $112,000 Active 216 DOM
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2026-06-10days on market $112,000 Active 214 DOM
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2026-06-09days on market $112,000 Active 213 DOM
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2026-06-08days on market $112,000 Active 212 DOM
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2026-06-07days on market $112,000 Active 211 DOM
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2026-06-05days on market $112,000 Active 208 DOM
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2026-06-03days on market $112,000 Active 207 DOM
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2026-06-02days on market $112,000 Active 206 DOM
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2026-06-01days on market $112,000 Active 205 DOM
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2026-05-31days on market $112,000 Active 204 DOM
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2026-05-30days on market $112,000 Active 203 DOM
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2026-04-24price $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.
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2026-03-07price $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.
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2026-01-02price $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.
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2025-11-08$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.
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2019-04-30soldstatus $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.
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2019-04-26status 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.
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2019-04-12historical 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.
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2019-04-08price $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.
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2019-03-28status 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.
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2019-03-19historical 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.
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2019-02-15$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
- 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
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
- 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 listed11 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…