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Sold for $1,450,000 on 11/19/24
  • $1,450,000

    38242 Robinsons Dr, Rehoboth Beach, DE 19971

    4beds
    --sqft
    Single Family Residence
    Built in 1980
    6,098 Square Feet Lot
    $1,453,000 Zestimate®
    $--/sqft
    $2,527 Estimated rent

    What's special

    Discover this rare two-unit, income-producing property just steps from Silver Lake and only 4 blocks from the beach, generating over $60,000 in annual rental income in '22 & '23! Whether you're looking to live in one unit and rent out the other, or maximize your earnings by leasing both, this property offers endless flexibility. Unit 1 features 2 bedrooms, 2 baths, a spacious screened porch and patio—perfect for relaxing or entertaining. Unit 2 offers 2 bedrooms, 1 bath, and its own inviting screened porch. Both units boast well-appointed kitchens & baths, stylish decor, and modern updates, offered mostly furnished, making them move-in or rental-ready. Enjoy the coastal lifestyle with lush landscaping, great curb appeal, 2 outdoor showers, and a convenient storage shed. County restrictions apply, and no city rental taxes are required for your guests, adding more value to your investment. This property can also be easily converted into a single-family home, giving you even more options. Don’t miss this chance to own a Rehoboth Beach investment with great income potential and lifestyle flexibility. Check out the floor plan & 3D tour!

    Zillow last checked: 7 hours ago

    Listing updated: November 19, 2024 at 06:08am

    Listed by:

    Debbie Reed 302-227-3818,

    RE/MAX Realty Group Rehoboth,

    Listing Team: The Debbie Reed Team, Co-Listing Team: The Debbie Reed Team,Co-Listing Agent: Amy Warick 302-227-3818,

    RE/MAX Realty Group Rehoboth

    Bought with:

    Lee Ann Wilkinson, RA-0002064

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: DESU2069994MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Basement
    • Description: Percent Finished: 80.0
    • Area: 0
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Oven/Range - Electric, Range Hood, Refrigerator, Extra Refrigerator/Freezer, Ice Maker, Microwave, Dishwasher, Washer, Dryer, Water Heater, Disposal, Washer/Dryer Stacked, Electric Water Heater
    • Laundry: Washer In Unit, Dryer In Unit, Main Level, Upper Level
    Features
    • Combination Dining/Living, Combination Kitchen/Living, Kitchen - Efficiency, Upgraded Countertops, Pantry, Entry Level Bedroom, Kitchen - Gourmet, Recessed Lighting
    • Flooring: Bamboo, Carpet, Ceramic Tile
    • Windows: Skylight(s)
    • Basement: Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Crushed Stone, Driveway, Off Site
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Screened, Porch, Deck, Screened Porch
    • Exterior features: Extensive Hardscape, Flood Lights, Outdoor Shower
    • Pool features: None
    • Waterfront features: Ocean
    Lot
    • Size: 6,098 sqft
    • Dimensions: 76.00 x 84.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 33420.0937.00
    • Zoning: MR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Stick Built, Vinyl Siding
    • Foundation: Block
    • Roof: Architectural Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Rehoboth Beach
    • Subdivision: Dodds Addition

    HOA & financial

    Other financial information
    • Total actual rent: 60000

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,453,000
    2% more+ $29,060
    With Zillow Showcase(estimated)
    $1,482,060