Furnished Residential Income
For Sale
$539,900
34386 BRONZE, Rehoboth Beach, DE 19971
Furnished two-story home with a main-level primary suite, guest bedrooms, flexible living space, and an enclosed three-season room.
Property Size1,880 SF
Days on Market50
Property Features for 34386 BRONZE
General Information
Standard status
Active
Size
1,880 SF
Property subtype
Apartment
Additional Details
Furnished
Yes
Multifamily Units
1
Amenities
three season room
Building Details
Building Size
1,880 SF
Year Built
2014
Listing Agency:
Sell Your Home Services
Listed By:
Daniel J. Demers · License #409044
(888) 219-3009
Source:
Teamtimmons.kw
Added: Sep 4
Changed: Oct 6
Last Checked: Oct 23 at 3:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sell Your Home Services
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Investment Insights
Based on property information with market context.
This furnished residential income property includes a main-level primary bedroom suite with a full bath, extensive closet space, nearby laundry, and a guest half bath. The open great room features a two-story ceiling, while the kitchen offers granite countertops, dining space, counter seating, a no-touch faucet, filtered-water faucet, soap dispenser, and induction convection range with air-fryer capability. Engineered wood and luxury vinyl flooring replace carpeting in the home.
Two additional bedrooms are positioned upstairs with a loft between them, creating separation from the primary suite. A three-season room extends the living area with windows, sliding glass doors, screens, and shades on two exterior walls. The property is located at 34386 Bronze, Rehoboth Beach, Delaware 19971.
Two additional bedrooms are positioned upstairs with a loft between them, creating separation from the primary suite. A three-season room extends the living area with windows, sliding glass doors, screens, and shades on two exterior walls. The property is located at 34386 Bronze, Rehoboth Beach, Delaware 19971.
Key Highlights
- Furnished residential income property with living spaces and guest accommodations
- Main‑level primary suite with full bath, generous closets, and nearby laundry
- Two upstairs guest bedrooms separated by a loft area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,468
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,360
$369.4K
Cap Rate 7%
$263,829
$263.8K
Cap Rate 9%
$205,200
$205.2K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$35.6K $18.96/SF
− Vacancy
−$2.1K −$1.10/SF
EGI
$33.6K $17.86/SF
− OpEx
−$15.1K −$8.04/SF
NOI
$18.5K $9.82/SF
Area
Sussex County, DE
Vacancy
5.80%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,360
Cap Rate 7%
$263,829
Cap Rate 9%
$205,200
Alternative Uses
Best Use
Apartment 5plus
$263.8K
$230.9K – $307.8K
NOI $18,468 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.6K
$452.1K – $602.7K
NOI $36,164 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
Demographics for 19971, DE
14,348
Population
16,948
Households
0.8
Avg Household Size
60
Median Age
55%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
797
Density / Sq Mi
$103,301
Median Household Income
$49,905
Median Earnings
$1,383
Median Rent
$561,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Furnished two-story home with a main-level primary suite, guest bedrooms, flexible living space, and an enclosed three-season room.
Where is this residential income property located?
The property is located at 34386 BRONZE Rehoboth Beach, DE.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Furnished residential income property with living spaces and guest accommodations; Main‑level primary suite with full bath, generous closets, and nearby laundry; Two upstairs guest bedrooms separated by a loft area
