55+ Community Semi-Detached
MIDDLETOWN, DE 19709 Middletown, DE 19709
Middletown, DE, 19709
$411,000
For Sale
$411,000
SINGLE_FAMILY - MIDDLETOWN, DE
Property Size1,800 SF
Price / SF$228.33
Days on Market131
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 1,800 SF
Building Details
- Year built
- 2007
Listing Agency
BHHS Fox & Roach Hockessin-Pike Creek Home Marketing
(302) 999-9999
DE
Listed by
Sam Stanton
(307) 690-6023
Added: Mar 8 Checked: Jul 17 at 7:06 am
MLS# DENC2098306
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2007-built semi-detached townhome offers an attached garage, driveway parking, and an interior highlighted by a cozy gas fireplace. The home includes owner-upgraded granite countertops, and recent improvements include a new roof installed in fall 2025 and a new furnace installed in late January 2026. The residence is described as clean and in excellent condition.
Within the Spring Arbor 55+ community, the home is close to the community clubhouse with access via a short walk. Community amenities referenced in the listing include a heated salt-water pool, fitness center/exercise room, library, game rooms, walking/jog paths, a picnic area, and courts for shuffleboard and bocce, along with horseshoe pits and a billiard room. The association fee is described as including lawn care, snow removal, and common area maintenance, and the management office is staffed five days per week.
With the clubhouse location emphasized as nearby, the home’s layout and practical parking setup are presented as convenient for day-to-day living within the community.
Within the Spring Arbor 55+ community, the home is close to the community clubhouse with access via a short walk. Community amenities referenced in the listing include a heated salt-water pool, fitness center/exercise room, library, game rooms, walking/jog paths, a picnic area, and courts for shuffleboard and bocce, along with horseshoe pits and a billiard room. The association fee is described as including lawn care, snow removal, and common area maintenance, and the management office is staffed five days per week.
With the clubhouse location emphasized as nearby, the home’s layout and practical parking setup are presented as convenient for day-to-day living within the community.
Key Highlights
- 2007 twin/semi‑detached townhome in a 55+ Spring Arbor community with 1,800 sq ft of living space
- New roof installed in fall 2025 and new furnace installed in late‑January 2026
- Inviting interior with a cozy gas fireplace
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.0k | $18.36 |
| − Vacancy | −$2.0k | −$1.14 |
| EGI | $31.0k | $17.22 |
| − OpEx | −$13.9k | −$7.75 |
| NOI | $17.0k | $9.47 |
1,800 SF · lease $18.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$243.6K
$213.1K – $284.2K
NOI $17,049 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$430.5K
$376.7K – $502.3K
NOI $30,138 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - 2007-built semi-detached townhome with attached garage, gas fireplace, and recent roof and furnace replacements in a 55+ community.
Where is this single family property located?
The property is located at Middletown, DE.
What is the asking price?
The asking price for this property is $411,000.
What are key features of this property?
This property features: 2007 twin/semi‑detached townhome in a 55+ Spring Arbor community with 1,800 sq ft of living space; New roof installed in fall 2025 and new furnace installed in late‑January 2026; Inviting interior with a cozy gas fireplace
