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Listing 8 out of 30
$599,900 For Sale

102 West Street
Dewey Beach, DE 19971

6 beds, 2 full, 1 partial baths | Single Family Home
1,900 sq ft; lot: 4792 sq ft - MLS# 1009994922
Property Photo


Quality Dewey investment! This 6 bed/2.5 ba had recent rental history in 2018 of $53, 705. The owners blocked out three prime summer weeks and blocked out all of September and October for their personal use. Ideally located only 14 lots (1200) from the ocean and boasts an easy walk into Rehoboth & Dewey. This home comes completely furnished and turn key ready. Recently new appliances, granite kitchen, gas fireplace, hardwood & tile throughout, new roof 2017, bright beachy colors throughout. Wide open floor plan, excellent for entertaining. The open family room off of the kitchen flows nicely onto the screened front porch. A huge, huge great room is a super area to gather during a weekend BBQ! Lets not forget the sprawling rooftop deck that includes 3 separate deck areas perfect for a nice sun bathing, happy hour! Looking for a little quiet time? Gather outside around the quaint landscaped gardens complete with fountain pond. Ample parking for 6. Fifty seven years remain on this recently renegotiated lease @ $19K per year. Typically the value for a home like this fee simple (you own the land) would be $1.2M to $1.4M. Realize the rental income as if it was a fee simple property yet the purchase price would be under half of the price. Call your Realtor for a private showing and to run the numbers for you! Better hurry, early bird gets the worm:)


  • Property Type: Single Family Home
  • Sub Type: Detached
  • Listing Status: Active
  • County/Area: Sussex County
  • Zip Code: 19971
  • Year Built: 1968
  • Subdivision/Neighborhood: Rehoboth By The Sea
  • School District: Cape Henlopen
  • Sq.Ft.: 1,900 sq ft
  • Style: Coastal
  • Stories: 1.5 Story
  • Bedrooms: 6
  • Full Baths: 2
  • Half Baths: 1
  • Fireplace: Yes, Gas/Propane, 1
  • Lot Size: 4792 sq ft
  • Baths: 3
  • Zoning: Q
  • Above Grade Fin SQFT: 1,900
  • Above Grade Fin SQFT Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Annual Rental Income: $53705.00
  • Bathrooms Count Main Level: 3
  • Bathrooms Full Main Level: 2
  • Bathrooms Half Main Level: 1
  • Bedrooms Count All Upper Levels: 1
  • Bedrooms Count Main Level: 5
  • Bedrooms Count Upper Level 1: 1
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Total SQFT: 913
  • Construction Materials: Frame
  • Cooling: Electric
  • Electric Service: 120/240V
  • Ground Rent Exists Y/N: Yes
  • Heating: Electric
  • Heating Type: Baseboard - Electric
  • Heating Y/N: Yes
  • Improvements: Above Grade, Below Grade
  • Income Expense List: Annual Ground Rent
  • Land Lease Years Remaining: 57
  • Lot SQFT: 4,996
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Municipality: Dewey Beach
  • Ownership Interest: Land Lease
  • Photo Option: Lister Will Upload All
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Great Room, Screened Porch
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Public Septic
  • Story List: Main, Upper 1
  • Sussex DE Quadrants: East of Rt 1
  • Tax Annual Amount: 439.0
  • Tax Total Finished SQFT: 913
  • Tax Year: 2018
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 1,900
  • Total Finished SQFT Source: Estimated
  • Total SQFT Source: Estimated
  • Type Of Parking: Driveway, Off Street
  • Water Body Type: Ocean
  • Water Oriented: Yes
  • Water Source: Public
  • Year Built Source: Owner
Courtesy of Berkshire Hathaway Homeservices Gallo-R


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ErinAnn Beebe

ErinAnn Beebe
RE/MAX Realty Group
Rehoboth Beach, DE 19971

Office: 302-227-4800
Cell: 302-236-9229

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ErinAnn Beebe | Office: 302-227-4800 | Cell: 302-236-9229 | Contact Me
317 Rehoboth Avenue - Rehoboth Beach, DE 19971
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