87 Chandler Ct · Hockessin, DE 19707

$499,900

3 bd · 2.5 ba · 3,775 sqft · Townhouse public records · 127 Days on market

Built 1989 7,405 sqft lot $132/sqft · 12% below area Est $568k · 12% under $23/mo HOA · 1% of rent

---

Why this score? — see what drove the D 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).

• ARV discount +12.9/15.0
• Cash flow +12.2/30.0
• DSCR +3.6/10.0
• Livability +3.6/5.0
• Schools +3.1/10.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully appointed carriage house nestled in the sought-after neighborhood of Stenning Woods in Hockessin—a place where comfort, space, and timeless design come together effortlessly. Step inside and be immediately drawn to the expansive two-story family room, a true showstopper with its soaring ceilings, cozy fireplace, and an abundance of windows that flood the space with natural light. The adjoining dining area creates an ideal flow for everyday living and entertaining alike, making gatherings feel both elegant and inviting. The kitchen and living room feature hardwood floors, adding warmth and continuity throughout the main level. The living room is accented by a charming bay window, the perfect spot to relax with a book or enjoy peaceful views of the outdoors. One of the home’s standout features is the main bedroom conveniently located on the first floor, offering ease and flexibility for a variety of lifestyles. Upstairs, you’ll find two additional bedrooms, including a generously sized second bedroom that could easily function as an additional primary suite. This room boasts vaulted ceilings and a walk-in closet, creating a bright and airy retreat. The hall bathroom has been tastefully remodeled, blending style and functionality. A spacious loft area adds even more versatility—ideal for a reading nook, play area, or second living space—along with an additional room that works beautifully as a home office or potential fourth bedroom. The living space continues into the recently finished basement, complete with luxury vinyl flooring and an egress window, making it perfect for a media room, gym, or guest space. Storage and convenience are never an issue with the two-car garage. Out back, enjoy your own private oasis. A screened-in porch overlooks the yard and leads down to a hardscape patio, ideal for outdoor dining or evening relaxation. The large, level, fenced-in backyard offers plenty of room for play, pets, or gardening. This home checks all the boxes—space, light, updates, and an unbeatable location. Don’t miss this one. Security System Notice: There are security cameras on the property that provide video surveillance. Some devices may have the capability to record audio. Prospective buyers and their agents should assume that video (and possibly audio) recording devices are in operation during showings and open houses. Entering the property constitutes consent to this monitoring.

Key facts

• $23 HOA
• 2 garage spots
• Built 1989

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $500k.

Deal economics

• At list price, monthly cash flow is $-101 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $482k (3.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $400k (20.0% below list).
• Recommended offer: $400k (20.0% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 3.0% in Hockessin — 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 (#21 in DE) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Red Clay Consolidated School District (suburban): math 27% / reading 42% proficiency, ranked #12 of 26 in DE (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: North Star Elementary School (math 74% / reading 84%, grade A, #1 of 105 statewide, top 0%, 610 students, 0% FRL); Dupont (H.B.) Middle School (math 35% / reading 55%, grade D, #4 of 36 statewide, top 11%, 754 students, 0% FRL); Dupont (Alexis I.) High School (math 22% / reading 47%, grade F, #18 of 40 statewide, top 49%, 680 students, 0% FRL) — zoned schools average 0% FRL vs 44% district-wide (44 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 53% at this address vs 34% district-wide (+18 pts) — the actual schools serving this property are materially stronger than the Red Clay Consolidated School District average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 52 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,367 units permitted in New Castle County in 2024 (201 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k of value loss. Plan a longer hold.
• New Castle County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($440k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 31y ago; this cycle's ask has dropped $80k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $315k; list at $500k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $399,960 (20.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 127 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.80% ✗
• Cap rate: 6.05%
• Cash-on-cash: -0.86%
• DSCR: 0.96
• GRM: 10.4

CMA / ARV

• ARV (median comp): $567,915
• List price: $499,900
• Delta: -11.98%
• Verdict: UNDERPRICED
• Comps: 5 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
24 Eynon Ct	0.13mi	2/3.0 (-1)	3,470 (-8%)	3mo	$520,000	$150	70

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: -17.7%
• Equity multiple: 0.37×
• Total profit: $-87,487
• Equity at exit: $74,537

10-year hold

• IRR: -9.9%
• Equity multiple: 0.39×
• Total profit: $-84,693
• Equity at exit: $43,222

Cash invested: $139,972 (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.

Methodology + full state rankings →

ZIP-level market 19707

• Home prices YoY: -29.7%
• Active inventory: 52
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $4,000 medium
• Mortgage (P&I): −$2,622
• Tax from tax record: −$408 /mo · $4,893/yr
• Insurance: −$208
• HOA: −$23
• Vacancy / Maint / Mgmt: −$840
• Net cashflow: $-101

Break-even live

Break-even rent $4,127

Max offer price $482,084

Occupancy floor 98%

Sensitivity live

Price	-10% $182	-5% $41	+0% $-101	+5% $-242	+10% $-384
Rent	-10% $-417	-5% $-259	+0% $-101	+5% $57	+10% $215
Rate	-1.0pp $151	-0.5pp $26	base $-101	+0.5pp $-230	+1.0pp $-362

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: $124,975
• Closing costs: $14,997
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
35 Nathalie Ct Hockessin, DE	4.0	2.5	3600	$3,900	$1.08	0d	1	0.81mi
129 Hockessin Dr Hockessin, DE	4.0	2.5	2625	$4,250	$1.62	45d	1	1.48mi

HOA detail

• Monthly dues: $23 · $276/yr
• Likely covers: gymsecurity

Listing history 30 events

1. 2026-06-21
   days on market $499,900 Active 127 DOM
2. 2026-06-18
   days on market $499,900 Active 124 DOM
3. 2026-06-17
   days on market $499,900 Active 123 DOM
4. 2026-06-16
   days on market $499,900 Active 122 DOM
5. 2026-06-15
   days on market $499,900 Active 121 DOM
6. 2026-06-13
   days on market $499,900 Active 119 DOM
7. 2026-06-13
   statusdays on market $499,900 Active 118 DOM
8. 2026-06-02
   status $499,900 Active Under Contract 117 DOM
9. 2026-06-01
   days on market $499,900 Active 117 DOM
10. 2026-05-31
    days on market $499,900 Active 116 DOM
11. 2026-04-16
    price $530,000 2493-char remark

    Show marketing remark (2493 chars)

    Welcome to this beautifully appointed carriage house nestled in the sought-after neighborhood of Stenning Woods in Hockessin—a place where comfort, space, and timeless design come together effortlessly. Step inside and be immediately drawn to the expansive two-story family room, a true showstopper with its soaring ceilings, cozy fireplace, and an abundance of windows that flood the space with natural light. The adjoining dining area creates an ideal flow for everyday living and entertaining alike, making gatherings feel both elegant and inviting. The kitchen and living room feature hardwood floors, adding warmth and continuity throughout the main level. The living room is accented by a charming bay window, the perfect spot to relax with a book or enjoy peaceful views of the outdoors. One of the home’s standout features is the main bedroom conveniently located on the first floor, offering ease and flexibility for a variety of lifestyles. Upstairs, you’ll find two additional bedrooms, including a generously sized second bedroom that could easily function as an additional primary suite. This room boasts vaulted ceilings and a walk-in closet, creating a bright and airy retreat. The hall bathroom has been tastefully remodeled, blending style and functionality. A spacious loft area adds even more versatility—ideal for a reading nook, play area, or second living space—along with an additional room that works beautifully as a home office or potential fourth bedroom. The living space continues into the recently finished basement, complete with luxury vinyl flooring and an egress window, making it perfect for a media room, gym, or guest space. Storage and convenience are never an issue with the two-car garage. Out back, enjoy your own private oasis. A screened-in porch overlooks the yard and leads down to a hardscape patio, ideal for outdoor dining or evening relaxation. The large, level, fenced-in backyard offers plenty of room for play, pets, or gardening. This home checks all the boxes—space, light, updates, and an unbeatable location. Don’t miss this one. Security System Notice: There are security cameras on the property that provide video surveillance. Some devices may have the capability to record audio. Prospective buyers and their agents should assume that video (and possibly audio) recording devices are in operation during showings and open houses. Entering the property constitutes consent to this monitoring.

12. 2026-03-14
    price $550,000 2493-char remark

    Show marketing remark (2493 chars)

    Welcome to this beautifully appointed carriage house nestled in the sought-after neighborhood of Stenning Woods in Hockessin—a place where comfort, space, and timeless design come together effortlessly. Step inside and be immediately drawn to the expansive two-story family room, a true showstopper with its soaring ceilings, cozy fireplace, and an abundance of windows that flood the space with natural light. The adjoining dining area creates an ideal flow for everyday living and entertaining alike, making gatherings feel both elegant and inviting. The kitchen and living room feature hardwood floors, adding warmth and continuity throughout the main level. The living room is accented by a charming bay window, the perfect spot to relax with a book or enjoy peaceful views of the outdoors. One of the home’s standout features is the main bedroom conveniently located on the first floor, offering ease and flexibility for a variety of lifestyles. Upstairs, you’ll find two additional bedrooms, including a generously sized second bedroom that could easily function as an additional primary suite. This room boasts vaulted ceilings and a walk-in closet, creating a bright and airy retreat. The hall bathroom has been tastefully remodeled, blending style and functionality. A spacious loft area adds even more versatility—ideal for a reading nook, play area, or second living space—along with an additional room that works beautifully as a home office or potential fourth bedroom. The living space continues into the recently finished basement, complete with luxury vinyl flooring and an egress window, making it perfect for a media room, gym, or guest space. Storage and convenience are never an issue with the two-car garage. Out back, enjoy your own private oasis. A screened-in porch overlooks the yard and leads down to a hardscape patio, ideal for outdoor dining or evening relaxation. The large, level, fenced-in backyard offers plenty of room for play, pets, or gardening. This home checks all the boxes—space, light, updates, and an unbeatable location. Don’t miss this one. Security System Notice: There are security cameras on the property that provide video surveillance. Some devices may have the capability to record audio. Prospective buyers and their agents should assume that video (and possibly audio) recording devices are in operation during showings and open houses. Entering the property constitutes consent to this monitoring.

13. 2026-02-20
    price $560,000 2493-char remark

    Show marketing remark (2493 chars)

    Welcome to this beautifully appointed carriage house nestled in the sought-after neighborhood of Stenning Woods in Hockessin—a place where comfort, space, and timeless design come together effortlessly. Step inside and be immediately drawn to the expansive two-story family room, a true showstopper with its soaring ceilings, cozy fireplace, and an abundance of windows that flood the space with natural light. The adjoining dining area creates an ideal flow for everyday living and entertaining alike, making gatherings feel both elegant and inviting. The kitchen and living room feature hardwood floors, adding warmth and continuity throughout the main level. The living room is accented by a charming bay window, the perfect spot to relax with a book or enjoy peaceful views of the outdoors. One of the home’s standout features is the main bedroom conveniently located on the first floor, offering ease and flexibility for a variety of lifestyles. Upstairs, you’ll find two additional bedrooms, including a generously sized second bedroom that could easily function as an additional primary suite. This room boasts vaulted ceilings and a walk-in closet, creating a bright and airy retreat. The hall bathroom has been tastefully remodeled, blending style and functionality. A spacious loft area adds even more versatility—ideal for a reading nook, play area, or second living space—along with an additional room that works beautifully as a home office or potential fourth bedroom. The living space continues into the recently finished basement, complete with luxury vinyl flooring and an egress window, making it perfect for a media room, gym, or guest space. Storage and convenience are never an issue with the two-car garage. Out back, enjoy your own private oasis. A screened-in porch overlooks the yard and leads down to a hardscape patio, ideal for outdoor dining or evening relaxation. The large, level, fenced-in backyard offers plenty of room for play, pets, or gardening. This home checks all the boxes—space, light, updates, and an unbeatable location. Don’t miss this one. Security System Notice: There are security cameras on the property that provide video surveillance. Some devices may have the capability to record audio. Prospective buyers and their agents should assume that video (and possibly audio) recording devices are in operation during showings and open houses. Entering the property constitutes consent to this monitoring.

14. 2026-02-05
    listed $580,000 Active 2493-char remark

    Show marketing remark (2493 chars)

    Welcome to this beautifully appointed carriage house nestled in the sought-after neighborhood of Stenning Woods in Hockessin—a place where comfort, space, and timeless design come together effortlessly. Step inside and be immediately drawn to the expansive two-story family room, a true showstopper with its soaring ceilings, cozy fireplace, and an abundance of windows that flood the space with natural light. The adjoining dining area creates an ideal flow for everyday living and entertaining alike, making gatherings feel both elegant and inviting. The kitchen and living room feature hardwood floors, adding warmth and continuity throughout the main level. The living room is accented by a charming bay window, the perfect spot to relax with a book or enjoy peaceful views of the outdoors. One of the home’s standout features is the main bedroom conveniently located on the first floor, offering ease and flexibility for a variety of lifestyles. Upstairs, you’ll find two additional bedrooms, including a generously sized second bedroom that could easily function as an additional primary suite. This room boasts vaulted ceilings and a walk-in closet, creating a bright and airy retreat. The hall bathroom has been tastefully remodeled, blending style and functionality. A spacious loft area adds even more versatility—ideal for a reading nook, play area, or second living space—along with an additional room that works beautifully as a home office or potential fourth bedroom. The living space continues into the recently finished basement, complete with luxury vinyl flooring and an egress window, making it perfect for a media room, gym, or guest space. Storage and convenience are never an issue with the two-car garage. Out back, enjoy your own private oasis. A screened-in porch overlooks the yard and leads down to a hardscape patio, ideal for outdoor dining or evening relaxation. The large, level, fenced-in backyard offers plenty of room for play, pets, or gardening. This home checks all the boxes—space, light, updates, and an unbeatable location. Don’t miss this one. Security System Notice: There are security cameras on the property that provide video surveillance. Some devices may have the capability to record audio. Prospective buyers and their agents should assume that video (and possibly audio) recording devices are in operation during showings and open houses. Entering the property constitutes consent to this monitoring.

15. 2026-02-03
    historical $580,000 2493-char remark

    Show marketing remark (2493 chars)

    Welcome to this beautifully appointed carriage house nestled in the sought-after neighborhood of Stenning Woods in Hockessin—a place where comfort, space, and timeless design come together effortlessly. Step inside and be immediately drawn to the expansive two-story family room, a true showstopper with its soaring ceilings, cozy fireplace, and an abundance of windows that flood the space with natural light. The adjoining dining area creates an ideal flow for everyday living and entertaining alike, making gatherings feel both elegant and inviting. The kitchen and living room feature hardwood floors, adding warmth and continuity throughout the main level. The living room is accented by a charming bay window, the perfect spot to relax with a book or enjoy peaceful views of the outdoors. One of the home’s standout features is the main bedroom conveniently located on the first floor, offering ease and flexibility for a variety of lifestyles. Upstairs, you’ll find two additional bedrooms, including a generously sized second bedroom that could easily function as an additional primary suite. This room boasts vaulted ceilings and a walk-in closet, creating a bright and airy retreat. The hall bathroom has been tastefully remodeled, blending style and functionality. A spacious loft area adds even more versatility—ideal for a reading nook, play area, or second living space—along with an additional room that works beautifully as a home office or potential fourth bedroom. The living space continues into the recently finished basement, complete with luxury vinyl flooring and an egress window, making it perfect for a media room, gym, or guest space. Storage and convenience are never an issue with the two-car garage. Out back, enjoy your own private oasis. A screened-in porch overlooks the yard and leads down to a hardscape patio, ideal for outdoor dining or evening relaxation. The large, level, fenced-in backyard offers plenty of room for play, pets, or gardening. This home checks all the boxes—space, light, updates, and an unbeatable location. Don’t miss this one. Security System Notice: There are security cameras on the property that provide video surveillance. Some devices may have the capability to record audio. Prospective buyers and their agents should assume that video (and possibly audio) recording devices are in operation during showings and open houses. Entering the property constitutes consent to this monitoring.

16. 2014-06-23
    soldstatus $315,000
17. 2014-06-20
    soldstatus $315,000 Sold 2328-char remark

    Show marketing remark (2328 chars)

    Enjoy one floor living in this twin home with a first floor Master Suite and main floor laundry. Step into the Great Room onto gleaming hardwoods that run through most of this level. The open airy floor plan is great for entertaining. An eat-in Kitchen has plenty of cabinets and granite counter tops. Other kitchen features include a built-in desk, under the cabinet lighting, built in microwave above a Jenn-Air range, a side-by-side refrigerator with a water and ice dispenser, dishwasher and a stainless steel double sink with disposal. The hanging ligh in the breakfast area for over the table. The French door gives access to the screened porch and back yard. There is a breakfast bar that adjoins the kitchen to the two-story family room. hallway. The step-down Family Room has a tile floor and a gas fireplace with built-in bookshelves on either side. There is recessed accent lighting under the railing of the overlooking loft. In addition to a wall of windows there are two skylights, which flood this room with beautiful natural lighting and vistas. Privately located off of the Great Room you will find the Master Bedroom Suite. A sunny double window floods this room with fresh air and cheerful lighting. There is a walk-in closet for optimal storage. The attached bath has a ceramic tile tub surround and a roomy jetted tub. The cultured marble sink top has vanity storage underneath. Elegant and easy care tile covers the floor. The powder room, laundry closet, pantry closet and guest coat closet finish this level. Easy access to the basement and the two-car garage are also located at this level. The three additional bedrooms and full bath are located on the top floor. One bedroom features another large walk-in closet. The full bath on this level has ceramic tile surround in the shower and a ceramic tile floor. You will appreciate the vanity storage in this bathroom and the handy the linen closet just outside the room. The carpeted upper hallway overlooks the Family Room and Great Room. There are double doors to a 4th bedroom or home office. This room has a skylight for additional lighting. Located in the Red Clay School District and near the PA line, this home is convenient to shopping, fitness centers, restaurants, schools, parks and so much more. Welcome Home! Agent is related to Seller.

18. 2014-06-20
    soldstatus $315,000

    Show marketing remark (2328 chars)

    Enjoy one floor living in this twin home with a first floor Master Suite and main floor laundry. Step into the Great Room onto gleaming hardwoods that run through most of this level. The open airy floor plan is great for entertaining. An eat-in Kitchen has plenty of cabinets and granite counter tops. Other kitchen features include a built-in desk, under the cabinet lighting, built in microwave above a Jenn-Air range, a side-by-side refrigerator with a water and ice dispenser, dishwasher and a stainless steel double sink with disposal. The hanging ligh in the breakfast area for over the table. The French door gives access to the screened porch and back yard. There is a breakfast bar that adjoins the kitchen to the two-story family room. hallway. The step-down Family Room has a tile floor and a gas fireplace with built-in bookshelves on either side. There is recessed accent lighting under the railing of the overlooking loft. In addition to a wall of windows there are two skylights, which flood this room with beautiful natural lighting and vistas. Privately located off of the Great Room you will find the Master Bedroom Suite. A sunny double window floods this room with fresh air and cheerful lighting. There is a walk-in closet for optimal storage. The attached bath has a ceramic tile tub surround and a roomy jetted tub. The cultured marble sink top has vanity storage underneath. Elegant and easy care tile covers the floor. The powder room, laundry closet, pantry closet and guest coat closet finish this level. Easy access to the basement and the two-car garage are also located at this level. The three additional bedrooms and full bath are located on the top floor. One bedroom features another large walk-in closet. The full bath on this level has ceramic tile surround in the shower and a ceramic tile floor. You will appreciate the vanity storage in this bathroom and the handy the linen closet just outside the room. The carpeted upper hallway overlooks the Family Room and Great Room. There are double doors to a 4th bedroom or home office. This room has a skylight for additional lighting. Located in the Red Clay School District and near the PA line, this home is convenient to shopping, fitness centers, restaurants, schools, parks and so much more. Welcome Home! Agent is related to Seller.

19. 2014-05-07
    status Under Contract 2328-char remark

    Show marketing remark (2328 chars)

    Enjoy one floor living in this twin home with a first floor Master Suite and main floor laundry. Step into the Great Room onto gleaming hardwoods that run through most of this level. The open airy floor plan is great for entertaining. An eat-in Kitchen has plenty of cabinets and granite counter tops. Other kitchen features include a built-in desk, under the cabinet lighting, built in microwave above a Jenn-Air range, a side-by-side refrigerator with a water and ice dispenser, dishwasher and a stainless steel double sink with disposal. The hanging ligh in the breakfast area for over the table. The French door gives access to the screened porch and back yard. There is a breakfast bar that adjoins the kitchen to the two-story family room. hallway. The step-down Family Room has a tile floor and a gas fireplace with built-in bookshelves on either side. There is recessed accent lighting under the railing of the overlooking loft. In addition to a wall of windows there are two skylights, which flood this room with beautiful natural lighting and vistas. Privately located off of the Great Room you will find the Master Bedroom Suite. A sunny double window floods this room with fresh air and cheerful lighting. There is a walk-in closet for optimal storage. The attached bath has a ceramic tile tub surround and a roomy jetted tub. The cultured marble sink top has vanity storage underneath. Elegant and easy care tile covers the floor. The powder room, laundry closet, pantry closet and guest coat closet finish this level. Easy access to the basement and the two-car garage are also located at this level. The three additional bedrooms and full bath are located on the top floor. One bedroom features another large walk-in closet. The full bath on this level has ceramic tile surround in the shower and a ceramic tile floor. You will appreciate the vanity storage in this bathroom and the handy the linen closet just outside the room. The carpeted upper hallway overlooks the Family Room and Great Room. There are double doors to a 4th bedroom or home office. This room has a skylight for additional lighting. Located in the Red Clay School District and near the PA line, this home is convenient to shopping, fitness centers, restaurants, schools, parks and so much more. Welcome Home! Agent is related to Seller.

20. 2014-04-15
    historical
21. 2014-04-10
    price $324,900 2328-char remark

    Show marketing remark (2328 chars)

    Enjoy one floor living in this twin home with a first floor Master Suite and main floor laundry. Step into the Great Room onto gleaming hardwoods that run through most of this level. The open airy floor plan is great for entertaining. An eat-in Kitchen has plenty of cabinets and granite counter tops. Other kitchen features include a built-in desk, under the cabinet lighting, built in microwave above a Jenn-Air range, a side-by-side refrigerator with a water and ice dispenser, dishwasher and a stainless steel double sink with disposal. The hanging ligh in the breakfast area for over the table. The French door gives access to the screened porch and back yard. There is a breakfast bar that adjoins the kitchen to the two-story family room. hallway. The step-down Family Room has a tile floor and a gas fireplace with built-in bookshelves on either side. There is recessed accent lighting under the railing of the overlooking loft. In addition to a wall of windows there are two skylights, which flood this room with beautiful natural lighting and vistas. Privately located off of the Great Room you will find the Master Bedroom Suite. A sunny double window floods this room with fresh air and cheerful lighting. There is a walk-in closet for optimal storage. The attached bath has a ceramic tile tub surround and a roomy jetted tub. The cultured marble sink top has vanity storage underneath. Elegant and easy care tile covers the floor. The powder room, laundry closet, pantry closet and guest coat closet finish this level. Easy access to the basement and the two-car garage are also located at this level. The three additional bedrooms and full bath are located on the top floor. One bedroom features another large walk-in closet. The full bath on this level has ceramic tile surround in the shower and a ceramic tile floor. You will appreciate the vanity storage in this bathroom and the handy the linen closet just outside the room. The carpeted upper hallway overlooks the Family Room and Great Room. There are double doors to a 4th bedroom or home office. This room has a skylight for additional lighting. Located in the Red Clay School District and near the PA line, this home is convenient to shopping, fitness centers, restaurants, schools, parks and so much more. Welcome Home! Agent is related to Seller.

22. 2014-03-27
    listed $329,900 Active 2328-char remark

    Show marketing remark (2328 chars)

    Enjoy one floor living in this twin home with a first floor Master Suite and main floor laundry. Step into the Great Room onto gleaming hardwoods that run through most of this level. The open airy floor plan is great for entertaining. An eat-in Kitchen has plenty of cabinets and granite counter tops. Other kitchen features include a built-in desk, under the cabinet lighting, built in microwave above a Jenn-Air range, a side-by-side refrigerator with a water and ice dispenser, dishwasher and a stainless steel double sink with disposal. The hanging ligh in the breakfast area for over the table. The French door gives access to the screened porch and back yard. There is a breakfast bar that adjoins the kitchen to the two-story family room. hallway. The step-down Family Room has a tile floor and a gas fireplace with built-in bookshelves on either side. There is recessed accent lighting under the railing of the overlooking loft. In addition to a wall of windows there are two skylights, which flood this room with beautiful natural lighting and vistas. Privately located off of the Great Room you will find the Master Bedroom Suite. A sunny double window floods this room with fresh air and cheerful lighting. There is a walk-in closet for optimal storage. The attached bath has a ceramic tile tub surround and a roomy jetted tub. The cultured marble sink top has vanity storage underneath. Elegant and easy care tile covers the floor. The powder room, laundry closet, pantry closet and guest coat closet finish this level. Easy access to the basement and the two-car garage are also located at this level. The three additional bedrooms and full bath are located on the top floor. One bedroom features another large walk-in closet. The full bath on this level has ceramic tile surround in the shower and a ceramic tile floor. You will appreciate the vanity storage in this bathroom and the handy the linen closet just outside the room. The carpeted upper hallway overlooks the Family Room and Great Room. There are double doors to a 4th bedroom or home office. This room has a skylight for additional lighting. Located in the Red Clay School District and near the PA line, this home is convenient to shopping, fitness centers, restaurants, schools, parks and so much more. Welcome Home! Agent is related to Seller.

23. 2014-03-27
    listed $324,900

    Show marketing remark (2328 chars)

    Enjoy one floor living in this twin home with a first floor Master Suite and main floor laundry. Step into the Great Room onto gleaming hardwoods that run through most of this level. The open airy floor plan is great for entertaining. An eat-in Kitchen has plenty of cabinets and granite counter tops. Other kitchen features include a built-in desk, under the cabinet lighting, built in microwave above a Jenn-Air range, a side-by-side refrigerator with a water and ice dispenser, dishwasher and a stainless steel double sink with disposal. The hanging ligh in the breakfast area for over the table. The French door gives access to the screened porch and back yard. There is a breakfast bar that adjoins the kitchen to the two-story family room. hallway. The step-down Family Room has a tile floor and a gas fireplace with built-in bookshelves on either side. There is recessed accent lighting under the railing of the overlooking loft. In addition to a wall of windows there are two skylights, which flood this room with beautiful natural lighting and vistas. Privately located off of the Great Room you will find the Master Bedroom Suite. A sunny double window floods this room with fresh air and cheerful lighting. There is a walk-in closet for optimal storage. The attached bath has a ceramic tile tub surround and a roomy jetted tub. The cultured marble sink top has vanity storage underneath. Elegant and easy care tile covers the floor. The powder room, laundry closet, pantry closet and guest coat closet finish this level. Easy access to the basement and the two-car garage are also located at this level. The three additional bedrooms and full bath are located on the top floor. One bedroom features another large walk-in closet. The full bath on this level has ceramic tile surround in the shower and a ceramic tile floor. You will appreciate the vanity storage in this bathroom and the handy the linen closet just outside the room. The carpeted upper hallway overlooks the Family Room and Great Room. There are double doors to a 4th bedroom or home office. This room has a skylight for additional lighting. Located in the Red Clay School District and near the PA line, this home is convenient to shopping, fitness centers, restaurants, schools, parks and so much more. Welcome Home! Agent is related to Seller.

24. 1995-07-31
    soldstatus $172,500
25. 1995-07-28
    soldstatus $172,500
26. 1995-06-22
    historical
27. 1995-05-01
    listed $172,500
28. 1995-05-01
    historical
29. 1995-02-21
    listed $189,900
30. 1989-08-01
    soldstatus $188,835

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

Tax reassessment forecast DE · Partial reset (capped growth)

• Current annual tax: $4,893 · $408/mo
• Projected year-2 tax: $4,893 · $408/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $47,995
• − Mortgage interest: −$28,002
• − Property taxes: −$4,893
• − Insurance: −$2,500
• − Repairs & maintenance: −$3,840
• − Management: −$3,840
• − HOA: −$276
• − Depreciation: −$14,543
• Taxable loss: −$9,897
• Est. tax savings @ 24.0%: +$2,375
• After-tax cash flow: $1,165/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: Red Clay Consolidated School District
• NCES district ID: 1001300
• Math proficiency: 27% ▼ -11.00%
• Reading proficiency: 42% ▼ -7.00%
• Median HH income: $64,298
• Composite: 31.25/100
• National rank: #6027
• State rank: #12 of 26 in DE

Livability — Hockessin

• Score: 71/100
• State rank: #21
• US rank: #6903

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hockessin, DE
• City population: 17,379
• Population (ZIP): 17,366

Population outlook (New Castle County) Hauer SSP2

• Today (2025): 594,686 people
• By 2030: 609,164 · +2.4%
• By 2040: 632,154 · +6.3%
• By 2050: 649,068 · +9.1%
• By 2075: 687,771 · +15.7%
• By 2100: 694,961 · +16.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Asian 10% Two or more races 7% Hispanic / Latino 4% Black 2%
• Common ancestry: Romanian 7% Slovak 2% Lithuanian 2%
• Foreign-born: 10% · China, Canada, Jamaica
• Languages at home: 89% English-only · Other Indo-European 4% Chinese 3% Other Asian/Pacific 2%

Political lean MEDSL · New Castle

• 2024 margin: Solid D (+32.6) · D 65.5% · R 32.9% · Other 1.6%
• 2008→2024 swing: -8.1pp toward R · 2008: 40.6pp · 2024: 32.6pp
• All cycles: 2024: D+32.6 2020: D+37.1 2016: D+29.6 2012: D+34.1 2008: D+40.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.25%
• Current HPI: 246.7483
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+180.7% since first listed

20 events — show timeline

• 2026-04-16 Price Changed $530,000 BRIGHT MLS
• 2026-03-14 Price Changed $550,000 BRIGHT MLS
• 2026-02-20 Price Changed $560,000 BRIGHT MLS
• 2026-02-05 Listed $580,000 BRIGHT MLS
• 2026-02-03 Coming Soon $580,000 BRIGHT MLS
• 2014-06-23 Sold (Public Records) $315,000 Public Records
• 2014-06-20 Sold (MLS) $315,000 BRIGHT MLS
• 2014-06-20 Sold (MLS) $315,000 TREND
• 2014-05-07 Pending — TREND
• 2014-04-15 Listing Removed — BRIGHT MLS
• 2014-04-10 Price Changed $324,900 TREND
• 2014-03-27 Listed $324,900 BRIGHT MLS
• 2014-03-27 Listed $329,900 TREND
• 1995-07-31 Sold (Public Records) $172,500 Public Records
• 1995-07-28 Sold (MLS) $172,500 BRIGHT MLS
• 1995-06-22 Listing Removed — BRIGHT MLS
• 1995-05-01 Listing Removed — BRIGHT MLS
• 1995-05-01 Listed $172,500 BRIGHT MLS
• 1995-02-21 Listed $189,900 BRIGHT MLS
• 1989-08-01 Sold (Public Records) $188,835 Public Records

Property tax history

+8.0%/yr

Latest (2024): $4,893 · +12.8% YoY. Source: county tax records.