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37419 5TH Street, Rehoboth Beach, DE 19971

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For Sale

$825,000

3 beds2 baths1,750 sqft

Estimated Payment

$ 4,325 /mo.

6.85% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $471.43
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Amazing opportunity to own a 2 BR+ loft home with a 1 BR accessory dwelling unit less about 2 miles from the beach in a waterfront community! You won't want to leave the huge, screened porch with views of the water, wetlands and Thompson Island!!This adorable cottage was remodeled to give an open floor plan and vaulted ceiling. Main home bath has heated floors. Loft could easily be converted to a 3rd BR. First floor features a spacious 1 BR ADU with an equally large, screened porch. The oversized lot (77 x 100) leaves ample room for a pool. With 20 owned solar panels the home has been net-zero energy usage!! Ample parking for all of your guests. Bay Vista features a private marina for boating enthusiasts. ADU has been rented year-round in the past for $1200/mo. (electric included!) but could easily rent for more!! The upstairs has rented as an Air B&B in the past, generating approx. $26K renting only in the summer season! The 2 units share a common laundry area and an outside shower. Seller has made several recent upgrades and has maintained the home well. Imagine the potential! New homes on smaller lots are selling in the $1.5M range! Scoop this up now, build your dream home in the future!
MLS# DESU2069502

Courtesy Of NextHome, Inc

(302) 601-4171

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    0.18 Acres

Home seller CENTURY 21 Emerald

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $4,325
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,325

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Rehoboth Elementary School

Grades KG-5 Public School


Rehoboth Beach, DE 19971 0.9 miles
500 stockley st

517 total students
13:1 Student teacher ratio

Beacon Middle School

Grades 6-8 Public School


Lewes, DE 19958 3 miles
19483 john j williams hwy

679 total students
14:1 Student teacher ratio

Cape Henlopen High School

Grades 9-12 Public School


Lewes, DE 19958 5 miles
1250 kings hwy

1637 total students
16:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Love Creek Elementary School 3.2 miles Public KG-5 A
Shields (richard A.) Elementary School 5.5 miles Public KG-5 A-
Long Neck Elementary School 6.7 miles Public KG-5 C+

Love Creek Elementary School

Distance: 3.2 miles

Type Public

Grades: KG-5

A

Shields (richard A.) Elementary School

Distance: 5.5 miles

Type Public

Grades: KG-5

A-

Long Neck Elementary School

Distance: 6.7 miles

Type Public

Grades: KG-5

C+

Local area information for Rehoboth Beach, DE 19971

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Rehoboth Beach, DE 19971

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

85° July
Hottest Average Month

28° January
Coldest Average Month
8,088 Total Households in Area
9.4%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Rehoboth Beach, DE 19971

Rehoboth Beach, DE 19971 has a population of 15,861 people in 8,088 households with a median age of 61.3 years old.

Up 9%
Increase in population
since the year 2010

Population is Trending up
7,415
Total households as of 2010
Up
7.5%

Community Population By Age

Community Population By Ethnicity

White 87%
Hispanic 5%
Black 3%
Other 2%
Asian 2%
Native American <1%

Economics
for Rehoboth Beach, DE 19971

601 /sq mi
Population Density
$99,790 /yr
Median Household Income
$865,052
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 80%
  • Work from Home 17%
  • Walk or Bike 3%
  • Public Transit 0%

Occupancy by Type

Vacant 9,299 53%
Owned 7,134 41%
Rented 954 5%

White vs Blue Collar Jobs







White Collar 91%
Blue Collar 9%

Family & Education Facts
for Rehoboth Beach, DE 19971

61.3 Median Age

Average Household Size

2
persons per
household

51.6%

Married Households

Community Population By Education

Bachelors Degree 29%
High School Graduate 25%
Graduate Degree 22%
Some College 14%
Associates Degree 6%
Some High School 4%

Household Family Expenses vs National Average

9.4% of households have children

Weather
for Rehoboth Beach, DE 19971

The weather for this area ranges from a high of 85° F in July to a low of 28° F in January

85° July
Hottest Average Month
28° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
28°
44°
Feb
29°
46°
Mar
35°
53°
Apr
44°
63°
May
53°
72°
Jun
62°
81°
Jul
67°
85°
Aug
67°
84°
Sep
61°
78°
Oct
50°
68°
Nov
40°
58°
Dec
31°
48°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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