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113 Kurt Dr
D+ Composite 45.06
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).

  • Cash flow +15.3/30.0
  • ARV discount +8.6/15.0
  • 1% rule +5.6/10.0
  • DSCR +4.7/10.0
  • Livability +3.4/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$163,000

113 Kurt Dr · Dover, DE 19901
2 bd · 2.0 ba · 1,728 sqft · Manufactured public records · 19 Days on market
Built 2005 $94/sqft · at area comps Est $167k · at est. $1/mo HOA

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

Listing remarks MLS

Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

Key facts

  • Garage
  • Community pool
  • Built 2005

Property features AI

Finance

  • Other: Property condition listed as average; Property manager present; Land lease with approximately 10 years remaining and monthly land lease payment
  • Financial info: Monthly land lease payment
  • HOA & community: HOA fee $10 annually; HOA maintains pool(s), lawn care (front, rear, side), recreation facilities and snow removal; Community amenities include a swimming pool

Exterior

  • Parking: Attached garage with front entry, garage door opener and inside access; One attached garage space; Driveway with two parking spaces; Total of three garage/parking spaces
  • Utilities: Public water; Public sewer; Municipal trash service
  • Home design: Detached single-family home; Pitched roof; Bay/bow windows, insulated with screens and sliding features; Located in a 55+ senior community (age requirement: 55); Land lease property
  • Construction: Vinyl siding; Crawl space foundation; Above-grade structure
  • Exterior features: Deck(s); Porch(es); Gutter system; Street lights; Underground lawn sprinkler; Community in-ground fenced pool

Interior

  • Kitchen: Built-in microwave; Oven/Range (gas); Self-cleaning oven; Dishwasher; Disposal; Refrigerator; Stainless steel appliances; Pantry; Breakfast area / breakfast room
  • Bedrooms: Three bedrooms on the main level; Entry-level bedroom
  • Flooring: Laminate plank flooring; Vinyl flooring
  • Bathrooms: Two full bathrooms (both on the main level)
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning (electric)
  • Interior features: Skylights; Window treatments; Walk-in closets; Pantry; Formal dining room; Family room off kitchen; Crown moldings; Ceiling fans; Breakfast area; Walk-in shower; Soaking tub; Stall shower; Drywall walls and ceilings
  • Laundry & utility: Washer and dryer on the main floor; Electric water heater

Neighborhood map

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

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $163k.

Deal economics

  • At list price, monthly cash flow is $60 ($722/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $163k).
  • Recommended offer: $161k (1.5% below list) — sets the bar for market timing.
  • Cap rate 6.7% vs local median 5.2% in Dover — 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 67/100 on livability (#38 in DE) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F, commute F, employment D-.
  • Capital School District (urban): math 14% / reading 31% proficiency, ranked #24 of 26 in DE (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Dover High School (math 21% / reading 45%, grade F, #22 of 40 statewide, top 56%, 1,771 students, 0% FRL) — zoned schools average 0% FRL vs 56% district-wide (56 pts lower); this property's tenant base skews higher-income than the district average.
  • Market conditions: Rents rising (+2.0%/yr); 186 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,201 units permitted in Kent County in 2024 (116 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($66k/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.
  • Kent County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 19 days — a 2% lower offer ($161k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 13y 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.
  • Current owner paid $78k; list at $163k implies a 109% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: property tax is 2.8% of price.
Recommended offer $160,555 (1.5% below list)

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.06%
Cap rate
6.74%
Cash-on-cash
1.58%
DSCR
1.07
GRM
7.8

CMA / ARV

ARV (median comp)
$167,024
List price
$163,000
Delta
-2.41%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.03% rent growth · sell at horizon

5-year hold
IRR
-14.9%
Equity multiple
0.47×
Total profit
$-24,120
Equity at exit
$24,304
10-year hold
IRR
-8.1%
Equity multiple
0.51×
Total profit
$-22,249
Equity at exit
$14,093

Cash invested: $45,640 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

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

ZIP-level market 19901

Rents YoY
2.0%
Active inventory
186
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$1,732 medium interval (Pro) →
Mortgage (P&I)
$855
Tax from tax record
$384 /mo · $4,610/yr
Insurance
$68
HOA
$1
Vacancy / Maint / Mgmt
$364
Net cashflow
$60

Break-even live

Break-even rent $1,656
Max offer price $163,000
Occupancy floor 92%

Sensitivity live

Price -10% $152 -5% $106 +0% $60 +5% $14 +10% $-32
Rent -10% $-77 -5% $-8 +0% $60 +5% $129 +10% $197
Rate -1.0pp $142 -0.5pp $102 base $60 +0.5pp $18 +1.0pp $-25

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
$40,750
Closing costs
$4,890
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6000 Winners Cir Dover, DE 2.0 2.0 1269 $1,920 $1.51 45d 10 1.08mi
91 Chatham Ct Dover, DE 2.0 2.5 1530 $1,750 $1.14 45d 1 1.25mi

HOA detail

Monthly dues
$1 · $12/yr
Likely covers
landscapingsnow removalpoolgym

Listing history 32 events

  1. 2026-06-19
    days on market $163,000 Active 19 DOM
  2. 2026-06-18
    days on market $163,000 Active 18 DOM
  3. 2026-06-17
    days on market $163,000 Active 17 DOM
  4. 2026-06-16
    days on market $163,000 Active 16 DOM
  5. 2026-06-15
    days on market $163,000 Active 15 DOM
  6. 2026-06-14
    days on market $163,000 Active 13 DOM
  7. 2026-06-13
    days on market $163,000 Active 12 DOM
  8. 2026-06-10
    days on market $163,000 Active 10 DOM
  9. 2026-06-09
    days on market $163,000 Active 9 DOM
  10. 2026-06-08
    days on market $163,000 Active 8 DOM
  11. 2026-06-07
    days on market $163,000 Active 7 DOM
  12. 2026-06-02
    days on market $163,000 Active 2 DOM
  13. 2026-06-01
    statusdays on market $163,000 Active 1 DOM
  14. 2026-05-31
    days on market $163,000 Coming Soon 31 DOM
  15. 2026-05-30
    days on market $163,000 Coming Soon 30 DOM
  16. 2026-04-30
    historical $163,000 2481-char remark
  17. 2015-08-26
    historical 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  18. 2015-08-25
    soldstatus $78,000 Sold 1233-char remark
    Show marketing remark (1234 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer. The lot rent of $485.39 includes all the amenities of the community. subject to change.

  19. 2015-08-25
    soldstatus $78,000
    Show marketing remark (1234 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer. The lot rent of $485.39 includes all the amenities of the community. subject to change.

  20. 2015-08-18
    status Under Contract 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  21. 2015-08-17
    soldstatus $78,000 Sold 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  22. 2015-07-29
    status Under Contract 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  23. 2015-07-18
    historical
    Show marketing remark (1234 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer. The lot rent of $485.39 includes all the amenities of the community. subject to change.

  24. 2015-05-29
    status Active 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  25. 2015-05-18
    status Under Contract 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  26. 2015-05-06
    status Active 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  27. 2015-04-27
    status Under Contract 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  28. 2014-12-17
    price $84,900 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  29. 2014-10-24
    listed $93,900 Active 1233-char remark
    Show marketing remark (1233 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer.The lot rent of $485.39 includes all the amenities of the community. subject to change.

  30. 2014-10-18
    listed $84,900
    Show marketing remark (1234 chars)

    Public: Wild Meadows is an adult community conveniently located in the center of Dover, near shopping and mass transit. The community is tucked to the east of Route 1, and is surrounded by peaceful fields and trees. This home has been gently used and is move in ready. What a kitchen! Endless cabinets, plenty of storage and multiple preparation surfaces will be appreciated by any chef. The kitchen is strategically located between the gathering room and dining area so the open floor plan affords easy communication. The master bedroom is spacious with its own personal bath area. Each additional sleeping quarters could be transformed into an office or craft area. Roll out awning over the rear patio. The one car garage has shelving in the back. All appliances included. Wild Meadows is located close to all the amenities of the area including Dover Downs Casino, Dover Air Force Base, Medical Center and tax free shopping everywhere. Just 45 minutes to the beaches. The monthly payment of $438.65 provides for lawn care, use of clubhouse and pool, gym and library, snow removal and land rent. One year warranty included and washer and dryer. The lot rent of $485.39 includes all the amenities of the community. subject to change.

  31. 2014-10-17
    historical
  32. 2013-10-31
    listed $94,000

ⓘ 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
$4,610 · $384/mo
Projected year-2 tax
$4,610 · $384/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,780
− Mortgage interest
−$9,131
− Property taxes
−$4,610
− Insurance
−$815
− Repairs & maintenance
−$1,662
− Management
−$1,662
− HOA
−$12
− Depreciation
−$4,742
Taxable loss
−$1,854
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$445
After-tax cash flow
$1,167/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
Capital School District
NCES district ID
1000190
Math proficiency
14% ▼ -17.00%
Reading proficiency
31% ▼ -12.00%
Median HH income
$48,499
Composite
19.78/100
National rank
#8703
State rank
#24 of 26 in DE

Livability — Dover

Score
67/100
State rank
#38
US rank
#10574

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Dover, DE
County
Kent County · 82,184 people
City population
76,581
Metro
Dover, DE
Population (ZIP)
37,763
Household income
$66,388
Rent vs Own
44.5% rent · 55.5% own
Severe rent burden
1320.0

Population outlook (Kent County) Hauer SSP2

Today (2025)
194,477 people
By 2030
204,351 · +5.1%
By 2040
222,135 · +14.2%
By 2050
236,483 · +21.6%
By 2075
266,327 · +36.9%
By 2100
275,335 · +41.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.68)
Race & ethnicity
White 44% Black 34% Hispanic / Latino 13% Two or more races 11% Asian 2%
Hispanic origin (detail)
Mexican 3% Puerto Rican 6%
Common ancestry
Romanian 2% Hispanic 1% Lithuanian 1%
Foreign-born
7% · Canada, South Korea
Languages at home
88% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Kent

2024 margin
Toss-up / Even · D 50.2% · R 48.2% · Other 1.7%
2008→2024 swing
-7.8pp toward R · 2008: 9.8pp · 2024: 2.0pp
All cycles
2024: D+2.0 2020: D+4.1 2016: R+4.9 2012: D+4.9 2008: D+9.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -113.29%
Current HPI
199.5132
Rent YoY
▲ 2.03%
Metro
Dover, DE
State GDP YoY
F500 in state
0

Price history

+73.4% since first listed
18 events — show timeline
  • 2026-06-01 Listed $163,000 BRIGHT MLS
  • 2026-04-30 Coming Soon $163,000 BRIGHT MLS
  • 2015-08-26 Delisted TREND
  • 2015-08-25 Sold (MLS) $78,000 BRIGHT MLS
  • 2015-08-25 Sold (MLS) $78,000 TREND
  • 2015-08-18 Pending TREND
  • 2015-08-17 Sold (MLS) $78,000 TREND
  • 2015-07-29 Pending TREND
  • 2015-07-18 Listing Removed BRIGHT MLS
  • 2015-05-29 Relisted TREND
  • 2015-05-18 Pending TREND
  • 2015-05-06 Relisted TREND
  • 2015-04-27 Pending TREND
  • 2014-12-17 Price Changed $84,900 TREND
  • 2014-10-24 Listed $93,900 TREND
  • 2014-10-18 Listed $84,900 BRIGHT MLS
  • 2014-10-17 Listing Removed BRIGHT MLS
  • 2013-10-31 Listed $94,000 BRIGHT MLS

Property tax history

+12.9%/yr

Latest (2025): $4,610 · +26.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…