33393 Hartford Ct · Long Neck, 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 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 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 +3.5/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$169,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Wait till you see this beautiful home in person! From the minute you enter the door, you're greeted with cheerful, bright spaces that have been nicely updated and tastefully decorated. At one end of the home, you'll find open concept living with a beautiful kitchen, family room and casual dining area. The large kitchen features attractively refinished cabinetry and new granite countertops, new fridge, dishwasher and microwave, an over-sized center island, and convenient pantry cabinets. The spacious family room with it's corner fireplace and pretty mantle has lots of natural light all around. A separate laundry room with exterior entrance offers the convenience of a half bath, too, complete with a new vanity! At the center of the home, a dining and living room with new carpeting provide additional living and entertaining space . At the other end of the home, you'll find two large guest rooms with a linen closet, and full bathroom with a new vanity, and a primary bedroom with an ensuite bath featuring brand new, wood look flooring, a separate water closet with stall shower, and pretty french doors opening to the vanity and garden tub. Patio doors lead from the casual dining area to the large deck that wraps to the back yard, offering additional outdoor living space for grilling, dining or relaxing. Freshly trimmed landscaping and new mulch keeps the exterior tidy and attractive. Additional updates include: New lighting at front and rear entrances, new flooring at entryway, new bathroom lighting in the hall bath, half bath and dining room, new front door & front storm door, new kitchen sink & faucet, new blinds, fresh paint in all but the primary suite, 3 new ceiling fans, and NEW heating & cooling in 2021! Angola Estates offers a wide variety of amenities including 2 swimming pools, 2 playgrounds, full size tennis and basketball courts, sand volley ball, and a community center, as well as a floating dock marina and boat ramp on Burton Prong (just a short ride down the river to Rehoboth Bay!), additional storage yard for boats, trailers, RV's and more, and canoe and kayak racks. Pets are allowed- there is a two pet max. Fencing is allowed- check with park for details and restrictions. Park application includes background checks, credit checks and verification of income. Sewer and trash/recycling included with the monthly rent.
Key facts
- Open concept kitchen
- Soaking tub
- Natural light
Tags
Property features AI
Finance
- Other: Not in a federal flood zone; Finished above-grade area per assessor
- Financial info: Land lease payment $760 monthly (1 year remaining)
Exterior
- Parking: Concrete driveway
- Utilities: Public water; Community septic tank; 200+ amp electric service; Electric hot water; Propane (metered) for heating
- Home design: Manufactured home; Land lease ownership; Irrigation water rights
- Construction: Vinyl siding; Pillar/post/pier foundation; Above grade and below grade structures; Pets allowed (number limit)
- Exterior features: Located on a cul-de-sac; Community pool; Water-oriented on Burton Prong (river); Underground utilities
Interior
- Bedrooms: 3 bedrooms on the main level
- Bathrooms: 2 full bathrooms on the main level; 2 full bathrooms total
- Heating & cooling: Forced air heating; Central air conditioning (electric)
- Interior features: Not furnished; Doors with lever handles; Very good condition
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $169k.
Deal economics
- At list price, monthly cash flow is $879 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $169k).
- Cap rate 12.5% vs local median 3.3% in Long Neck — 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 69/100 on livability (#30 in DE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: employment D+, schools F, amenities 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: Rents flat; 818 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 ($97k/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 $1k of loan paydown is wiped out by about $5k 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 + 0.8% rent growth), your $47k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
- 7 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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
- 1.53% ✓
- Cap rate
- 12.53%
- Cash-on-cash
- 22.29%
- DSCR
- 1.99
- GRM
- 5.4
CMA / ARV
- ARV (median comp)
- $140,602
- List price
- $169,000
- Delta
- 20.84%
- Verdict
- OVERPRICED
- Comps
- 2 within 2.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.77% rent growth · sell at horizon
- IRR
- 12.5%
- Equity multiple
- 1.48×
- Total profit
- $22,940
- Equity at exit
- $25,198
- IRR
- 19.6%
- Equity multiple
- 2.48×
- Total profit
- $69,895
- Equity at exit
- $14,612
Cash invested: $47,320 (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 19958
- Rents YoY
- 0.8%
- Active inventory
- 818
- Price-to-rent
- 5.4×
Monthly cashflow live
- Estimated rent
- $2,591 medium interval (Pro) →
- Mortgage (P&I)
- −$886
- Tax est. 1.5%
- −$211 /mo · $2,535/yr
- Insurance
- −$70
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$544
- Net cashflow
- $879
Break-even live
Sensitivity live
| Price | -10% $996 | -5% $937 | +0% $879 | +5% $820 | +10% $762 |
|---|---|---|---|---|---|
| Rent | -10% $674 | -5% $776 | +0% $879 | +5% $981 | +10% $1,084 |
| Rate | -1.0pp $964 | -0.5pp $922 | base $879 | +0.5pp $835 | +1.0pp $790 |
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
- $42,250
- Closing costs
- $5,070
- 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 4 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 22730 Holly Way W Lewes, DE | 3.0 | 2.0 | 1232 | $2,250 | $1.83 | 14d | 1 | 0.25mi |
| 33179 Woodland Ct S Lewes, DE | 4.0 | 2.0 | 1325 | $2,300 | $1.74 | 14d | 1 | 0.28mi |
| 30068 Moorings Reach Lewes, DE | 4.0 | 3.0 | 1700 | $2,950 | $1.74 | 14d | 1 | 0.41mi |
| 22639 Terri Ln Lewes, DE | 4.0 | 3.0 | 2170 | $2,975 | $1.37 | 14d | 1 | 1.05mi |
Listing history 32 events
-
2026-06-18days on market $169,000 Active 6 DOM
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2026-06-17days on market $169,000 Active 5 DOM
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2026-06-16days on market $169,000 Active 4 DOM
-
2026-06-15days on market $169,000 Active 3 DOM
-
2026-06-13pricedays on market $169,000 Active 1 DOM
-
2026-06-10days on market $169,900 Active 92 DOM
-
2026-06-09days on market $169,900 Active 91 DOM
-
2026-06-08days on market $169,900 Active 90 DOM
-
2026-06-07days on market $169,900 Active 89 DOM
-
2026-06-05days on market $169,900 Active 86 DOM
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2026-06-03days on market $169,900 Active 85 DOM
-
2026-06-02days on market $169,900 Active 84 DOM
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2026-06-01days on market $169,900 Active 83 DOM
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2026-05-31days on market $169,900 Active 82 DOM
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2026-05-30days on market $169,900 Active 81 DOM
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2026-04-21price $169,900 2558-char remark
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2026-04-04status Active 2558-char remark
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2026-03-31historical Active Under Contract 2558-char remark
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2026-03-23price $179,900 2558-char remark
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2026-03-09status Active 2558-char remark
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2026-03-07historical 2558-char remark
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2026-03-06$184,900 Active 2558-char remark
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2026-03-01historical $184,900 2558-char remark
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2023-06-23soldstatus $160,000 Closed 2384-char remark
Show marketing remark (2384 chars)
Wait till you see this beautiful home in person! From the minute you enter the door, you're greeted with cheerful, bright spaces that have been nicely updated and tastefully decorated. At one end of the home, you'll find open concept living with a beautiful kitchen, family room and casual dining area. The large kitchen features attractively refinished cabinetry and new granite countertops, new fridge, dishwasher and microwave, an over-sized center island, and convenient pantry cabinets. The spacious family room with it's corner fireplace and pretty mantle has lots of natural light all around. A separate laundry room with exterior entrance offers the convenience of a half bath, too, complete with a new vanity! At the center of the home, a dining and living room with new carpeting provide additional living and entertaining space . At the other end of the home, you'll find two large guest rooms with a linen closet, and full bathroom with a new vanity, and a primary bedroom with an ensuite bath featuring brand new, wood look flooring, a separate water closet with stall shower, and pretty french doors opening to the vanity and garden tub. Patio doors lead from the casual dining area to the large deck that wraps to the back yard, offering additional outdoor living space for grilling, dining or relaxing. Freshly trimmed landscaping and new mulch keeps the exterior tidy and attractive. Additional updates include: New lighting at front and rear entrances, new flooring at entryway, new bathroom lighting in the hall bath, half bath and dining room, new front door & front storm door, new kitchen sink & faucet, new blinds, fresh paint in all but the primary suite, 3 new ceiling fans, and NEW heating & cooling in 2021! Angola Estates offers a wide variety of amenities including 2 swimming pools, 2 playgrounds, full size tennis and basketball courts, sand volley ball, and a community center, as well as a floating dock marina and boat ramp on Burton Prong (just a short ride down the river to Rehoboth Bay!), additional storage yard for boats, trailers, RV's and more, and canoe and kayak racks. Pets are allowed- there is a two pet max. Fencing is allowed- check with park for details and restrictions. Park application includes background checks, credit checks and verification of income. Sewer and trash/recycling included with the monthly rent.
-
2023-05-30status Pending 2384-char remark
Show marketing remark (2384 chars)
Wait till you see this beautiful home in person! From the minute you enter the door, you're greeted with cheerful, bright spaces that have been nicely updated and tastefully decorated. At one end of the home, you'll find open concept living with a beautiful kitchen, family room and casual dining area. The large kitchen features attractively refinished cabinetry and new granite countertops, new fridge, dishwasher and microwave, an over-sized center island, and convenient pantry cabinets. The spacious family room with it's corner fireplace and pretty mantle has lots of natural light all around. A separate laundry room with exterior entrance offers the convenience of a half bath, too, complete with a new vanity! At the center of the home, a dining and living room with new carpeting provide additional living and entertaining space . At the other end of the home, you'll find two large guest rooms with a linen closet, and full bathroom with a new vanity, and a primary bedroom with an ensuite bath featuring brand new, wood look flooring, a separate water closet with stall shower, and pretty french doors opening to the vanity and garden tub. Patio doors lead from the casual dining area to the large deck that wraps to the back yard, offering additional outdoor living space for grilling, dining or relaxing. Freshly trimmed landscaping and new mulch keeps the exterior tidy and attractive. Additional updates include: New lighting at front and rear entrances, new flooring at entryway, new bathroom lighting in the hall bath, half bath and dining room, new front door & front storm door, new kitchen sink & faucet, new blinds, fresh paint in all but the primary suite, 3 new ceiling fans, and NEW heating & cooling in 2021! Angola Estates offers a wide variety of amenities including 2 swimming pools, 2 playgrounds, full size tennis and basketball courts, sand volley ball, and a community center, as well as a floating dock marina and boat ramp on Burton Prong (just a short ride down the river to Rehoboth Bay!), additional storage yard for boats, trailers, RV's and more, and canoe and kayak racks. Pets are allowed- there is a two pet max. Fencing is allowed- check with park for details and restrictions. Park application includes background checks, credit checks and verification of income. Sewer and trash/recycling included with the monthly rent.
-
2023-05-22status Active 2384-char remark
Show marketing remark (2384 chars)
Wait till you see this beautiful home in person! From the minute you enter the door, you're greeted with cheerful, bright spaces that have been nicely updated and tastefully decorated. At one end of the home, you'll find open concept living with a beautiful kitchen, family room and casual dining area. The large kitchen features attractively refinished cabinetry and new granite countertops, new fridge, dishwasher and microwave, an over-sized center island, and convenient pantry cabinets. The spacious family room with it's corner fireplace and pretty mantle has lots of natural light all around. A separate laundry room with exterior entrance offers the convenience of a half bath, too, complete with a new vanity! At the center of the home, a dining and living room with new carpeting provide additional living and entertaining space . At the other end of the home, you'll find two large guest rooms with a linen closet, and full bathroom with a new vanity, and a primary bedroom with an ensuite bath featuring brand new, wood look flooring, a separate water closet with stall shower, and pretty french doors opening to the vanity and garden tub. Patio doors lead from the casual dining area to the large deck that wraps to the back yard, offering additional outdoor living space for grilling, dining or relaxing. Freshly trimmed landscaping and new mulch keeps the exterior tidy and attractive. Additional updates include: New lighting at front and rear entrances, new flooring at entryway, new bathroom lighting in the hall bath, half bath and dining room, new front door & front storm door, new kitchen sink & faucet, new blinds, fresh paint in all but the primary suite, 3 new ceiling fans, and NEW heating & cooling in 2021! Angola Estates offers a wide variety of amenities including 2 swimming pools, 2 playgrounds, full size tennis and basketball courts, sand volley ball, and a community center, as well as a floating dock marina and boat ramp on Burton Prong (just a short ride down the river to Rehoboth Bay!), additional storage yard for boats, trailers, RV's and more, and canoe and kayak racks. Pets are allowed- there is a two pet max. Fencing is allowed- check with park for details and restrictions. Park application includes background checks, credit checks and verification of income. Sewer and trash/recycling included with the monthly rent.
-
2023-05-18historical Active Under Contract 2384-char remark
Show marketing remark (2384 chars)
Wait till you see this beautiful home in person! From the minute you enter the door, you're greeted with cheerful, bright spaces that have been nicely updated and tastefully decorated. At one end of the home, you'll find open concept living with a beautiful kitchen, family room and casual dining area. The large kitchen features attractively refinished cabinetry and new granite countertops, new fridge, dishwasher and microwave, an over-sized center island, and convenient pantry cabinets. The spacious family room with it's corner fireplace and pretty mantle has lots of natural light all around. A separate laundry room with exterior entrance offers the convenience of a half bath, too, complete with a new vanity! At the center of the home, a dining and living room with new carpeting provide additional living and entertaining space . At the other end of the home, you'll find two large guest rooms with a linen closet, and full bathroom with a new vanity, and a primary bedroom with an ensuite bath featuring brand new, wood look flooring, a separate water closet with stall shower, and pretty french doors opening to the vanity and garden tub. Patio doors lead from the casual dining area to the large deck that wraps to the back yard, offering additional outdoor living space for grilling, dining or relaxing. Freshly trimmed landscaping and new mulch keeps the exterior tidy and attractive. Additional updates include: New lighting at front and rear entrances, new flooring at entryway, new bathroom lighting in the hall bath, half bath and dining room, new front door & front storm door, new kitchen sink & faucet, new blinds, fresh paint in all but the primary suite, 3 new ceiling fans, and NEW heating & cooling in 2021! Angola Estates offers a wide variety of amenities including 2 swimming pools, 2 playgrounds, full size tennis and basketball courts, sand volley ball, and a community center, as well as a floating dock marina and boat ramp on Burton Prong (just a short ride down the river to Rehoboth Bay!), additional storage yard for boats, trailers, RV's and more, and canoe and kayak racks. Pets are allowed- there is a two pet max. Fencing is allowed- check with park for details and restrictions. Park application includes background checks, credit checks and verification of income. Sewer and trash/recycling included with the monthly rent.
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2023-05-12$160,000 Active 2384-char remark
Show marketing remark (2384 chars)
Wait till you see this beautiful home in person! From the minute you enter the door, you're greeted with cheerful, bright spaces that have been nicely updated and tastefully decorated. At one end of the home, you'll find open concept living with a beautiful kitchen, family room and casual dining area. The large kitchen features attractively refinished cabinetry and new granite countertops, new fridge, dishwasher and microwave, an over-sized center island, and convenient pantry cabinets. The spacious family room with it's corner fireplace and pretty mantle has lots of natural light all around. A separate laundry room with exterior entrance offers the convenience of a half bath, too, complete with a new vanity! At the center of the home, a dining and living room with new carpeting provide additional living and entertaining space . At the other end of the home, you'll find two large guest rooms with a linen closet, and full bathroom with a new vanity, and a primary bedroom with an ensuite bath featuring brand new, wood look flooring, a separate water closet with stall shower, and pretty french doors opening to the vanity and garden tub. Patio doors lead from the casual dining area to the large deck that wraps to the back yard, offering additional outdoor living space for grilling, dining or relaxing. Freshly trimmed landscaping and new mulch keeps the exterior tidy and attractive. Additional updates include: New lighting at front and rear entrances, new flooring at entryway, new bathroom lighting in the hall bath, half bath and dining room, new front door & front storm door, new kitchen sink & faucet, new blinds, fresh paint in all but the primary suite, 3 new ceiling fans, and NEW heating & cooling in 2021! Angola Estates offers a wide variety of amenities including 2 swimming pools, 2 playgrounds, full size tennis and basketball courts, sand volley ball, and a community center, as well as a floating dock marina and boat ramp on Burton Prong (just a short ride down the river to Rehoboth Bay!), additional storage yard for boats, trailers, RV's and more, and canoe and kayak racks. Pets are allowed- there is a two pet max. Fencing is allowed- check with park for details and restrictions. Park application includes background checks, credit checks and verification of income. Sewer and trash/recycling included with the monthly rent.
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2023-05-09historical $160,000 2384-char remark
Show marketing remark (2384 chars)
Wait till you see this beautiful home in person! From the minute you enter the door, you're greeted with cheerful, bright spaces that have been nicely updated and tastefully decorated. At one end of the home, you'll find open concept living with a beautiful kitchen, family room and casual dining area. The large kitchen features attractively refinished cabinetry and new granite countertops, new fridge, dishwasher and microwave, an over-sized center island, and convenient pantry cabinets. The spacious family room with it's corner fireplace and pretty mantle has lots of natural light all around. A separate laundry room with exterior entrance offers the convenience of a half bath, too, complete with a new vanity! At the center of the home, a dining and living room with new carpeting provide additional living and entertaining space . At the other end of the home, you'll find two large guest rooms with a linen closet, and full bathroom with a new vanity, and a primary bedroom with an ensuite bath featuring brand new, wood look flooring, a separate water closet with stall shower, and pretty french doors opening to the vanity and garden tub. Patio doors lead from the casual dining area to the large deck that wraps to the back yard, offering additional outdoor living space for grilling, dining or relaxing. Freshly trimmed landscaping and new mulch keeps the exterior tidy and attractive. Additional updates include: New lighting at front and rear entrances, new flooring at entryway, new bathroom lighting in the hall bath, half bath and dining room, new front door & front storm door, new kitchen sink & faucet, new blinds, fresh paint in all but the primary suite, 3 new ceiling fans, and NEW heating & cooling in 2021! Angola Estates offers a wide variety of amenities including 2 swimming pools, 2 playgrounds, full size tennis and basketball courts, sand volley ball, and a community center, as well as a floating dock marina and boat ramp on Burton Prong (just a short ride down the river to Rehoboth Bay!), additional storage yard for boats, trailers, RV's and more, and canoe and kayak racks. Pets are allowed- there is a two pet max. Fencing is allowed- check with park for details and restrictions. Park application includes background checks, credit checks and verification of income. Sewer and trash/recycling included with the monthly rent.
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2020-10-20soldstatus $90,000 Closed
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2020-08-24status Pending
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2020-08-21$89,900 Active
ⓘ 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 ≥102°F today · 17 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,090
- − Mortgage interest
- −$9,467
- − Property taxes
- −$2,535
- − Insurance
- −$845
- − Repairs & maintenance
- −$2,487
- − Management
- −$2,487
- − Depreciation
- −$4,916
- Taxable income
- $8,353
- Est. tax owed @ 24.0%
- −$2,005
- After-tax cash flow
- $8,541/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 — Long Neck
- Score
- 69/100
- State rank
- #30
- US rank
- #8720
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Sussex County · 82,708 people
- Metro
- Salisbury, MD-DE
- Population (ZIP)
- 31,938
- Household income
- $97,197
- Rent vs Own
- Severe rent burden
- 545.0
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% Two or more races 6% Hispanic / Latino 4% Black 2% Asian 2%
- Common ancestry
- Romanian 6% Slovak 3% Italian 2%
- Foreign-born
- 6% · Canada
- Languages at home
- 93% English-only · Spanish 3% Other Indo-European 1% Russian/Polish/Slavic 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
- ▼ -204.07%
- Current HPI
- 299.0736
- Rent YoY
- ▲ 0.77%
- Metro
- Salisbury, MD-DE
- State GDP YoY
- —
- F500 in state
- 0
Price history
+88.0% since first listed19 events — show timeline
- 2026-06-12 Listed $169,000 BRIGHT MLS
- 2026-06-10 Listing Removed — BRIGHT MLS
- 2026-04-21 Price Changed $169,900 BRIGHT MLS
- 2026-04-04 Relisted — BRIGHT MLS
- 2026-03-31 Contingent — BRIGHT MLS
- 2026-03-23 Price Changed $179,900 BRIGHT MLS
- 2026-03-09 Relisted — BRIGHT MLS
- 2026-03-07 Listing Removed — BRIGHT MLS
- 2026-03-06 Listed $184,900 BRIGHT MLS
- 2026-03-01 Coming Soon — BRIGHT MLS
- 2023-06-23 Sold (MLS) $160,000 BRIGHT MLS
- 2023-05-30 Pending — BRIGHT MLS
- 2023-05-22 Relisted — BRIGHT MLS
- 2023-05-18 Contingent — BRIGHT MLS
- 2023-05-12 Listed $160,000 BRIGHT MLS
- 2023-05-09 Coming Soon $160,000 BRIGHT MLS
- 2020-10-20 Sold (MLS) $90,000 BRIGHT MLS
- 2020-08-24 Pending — BRIGHT MLS
- 2020-08-21 Listed $89,900 BRIGHT MLS
Property tax history
-8.9%/yrLatest (2025): $307 · -53.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…