Investment Opportunity in Captiva Sands - Investors this is almost a 10 cap (10% return on investment)! Rarely offered 5 Bedroom / 4 1/2 Bathroom End Unit Townhome overlooking the community pond! Featuring Four Owners Suites and selling furnished and ready for you to enjoy or continue as investment property! The first floor has an open floor plan with the kitchen adjoining the dining area and great room. The kitchen has a breakfast bar and plenty of cabinet space. The sunroom on the back of the house overlooks the community pond. The first-floor bedroom is spacious and has its own bath. There is also a half bath and laundry room on the first floor. The second floor has 2 more bedrooms, both with their own bathrooms. An additional sitting room is on this level. The third floor has two more bedrooms and one full bathroom. There is also plenty of storage in the home (many locked owners' closets). Captiva Sands owners also get the use of 3 different pools and a tennis court. Conveniently located between Rehoboth Beach and Dewey Beach so you have a choice of great beaches, restaurants, shops, and attractions. 2020 Rent $50,753, 2021 Rent $55,812, and 2022 Rent YTD $56,782. Located right across the street from one of the community pools. Take the video tour!
Sold for $620,000 on 11/18/22
$620,000
4200 Sand Piper Dr #4207, Rehoboth Beach, DE 19971
5beds
2,500sqft
Townhouse
Built in 2001
-- sqft lot
$742,400 Zestimate®
$248/sqft
$3,388 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 19, 2022 at 11:40am
Listed by:
Kim Hamer 302-745-9914,
Monument Sotheby's International Realty
Bought with:
Joyce Kendall, RS-0024926
Keller Williams Realty
Source: Bright MLS,MLS#: DESU2029676

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Washer, Water Heater, Electric Water Heater
- Laundry: Upper Level, Laundry Room
Features
- Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Flooring: Carpet, Vinyl, Wood
- Windows: Window Treatments
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Parking Lot
- Details: Assigned Parking
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Patio
- Pool features: Community
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33419.00163.122107
- Zoning: HR-2
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Coastal
- Property subtype: Townhouse
Materials
- Stick Built
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rehoboth Beach
- Subdivision: Captiva Sands
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $450 annually
- Amenities included: Pool, Tennis Court(s)
- Services included: Common Area Maintenance, Maintenance Grounds, Management, Pool(s), Snow Removal, Trash
Other fees
- Condo and coop fee: $1,318 quarterly
Other financial information
- Total actual rent: 56782
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Condominium
Services availability

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Get a free Zillow Showcase℠ listing and you could sell for .
$742,400
2% more+ $14,848
With Zillow Showcase(estimated)
$757,248