23733 Herring Reach Court, Lewes, De 19958 | $579,000

I like it!

Email me 23733 Herring Reach Court, Lewes, De

*



* Required Fields

  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
  • Image Loading. Refresh your browser.
View Map
If this text does not disappear quickly, then your browser does not support Google Maps

Property Details

Quality stick-built new home by award-winning local builder, Capstone Homes. Located in successful waterfront community of Bay Pointe in Lewes. Community clubhouse, pool, waterfront park with large gazebo, kayak racks and pier. Central water and sew
  • MLS Number: 717811
  • Status: Active
  • Price: $579,000
  • Property Type:
  • Area: Indian River Hundred
  • Community: Bay Pointe
  • School District: Cape Henlopen
  • Square Footage: 3,644
  • Year Built: 2017
  • Bedrooms: 3
  • Full Bathrooms: 4
  • Number of Stories: 2
  • New Construction: To Be Built
  • County Taxes: $1,200
  • Association Fee: $1,600
  • Waterfront: Lake/Pond
  • Water View: Lake/Pond
  • Furnished: No
  • Lot Square Feet: 10,361
  • Lot Size Acres: 0.24
  • Lot Description: Trees/Wooded
  • Water: Public Central Water
  • Sewer: Public Central Sewer
  • Community Amenities: Cable TV, Sidewalks

Interior Features

  • Kitchen: Countertops - Granite, Island, Kitchen/Family Room Combo
  • Fireplace: Gas
  • Heating: Heat Pump(s), Multi Zone
  • Cooling: Heat Pump(s)
  • Flooring: Carpet, Hardwood, Tile
  • Basement: Basement - Full Finished
  • Attic: Floored
  • Appliances: Dishwasher, Disposal, Dryer-Electric, Garage Door Opener, Oven/Range Electric, Oven-Wall, Refrigerator, Washer, Water Heater Tankless
  • Interior Features: Bedroom-Entry Level, Cable TV Prewired, Fireplace-Gas, Insulated Window(s), Insulation, MBED-Separate Shower and Tub, Vaulted Ceilings, Walk-In Closets

Exterior Features

  • Style: Coastal
  • Construction Type: Stick/Frame
  • Exterior Type: Shingle, Stone, Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Poured Concrete
  • Garage: Attached
  • Garage Size: 2
  • Porch/Deck/Patio: Patio - Rear, Porch - Screened

Listing Courtesy of RE/MAX REALTY GROUP REHOBOTH

Lewes Multi-Family Housing: Investment and Residence Choice

Lewes multi-family housing is the umbrella term covering all the various kinds of residences that shelter more than one family. Everything from duplexes and homes with guest cottages to apartment complexes fall into the category, which is most often thought of in terms of the solid investment potential it represents.
While Lewes multi-family housing offers all of the same investment potential and more (the economies of scale can give an apartment building listing, for instance, many times the profit potential of a single family rental), a multi-family residence can also be the pathway to homeownership for a first-time home buyer. You might not think so, but when a prospective buyer will also be resident, standard financing guidelines—even for FHA loans—may apply. The lending particulars vary by a given Lewes property’s specifics—among other factors, whether or not cash flow-producing tenants are already in place. But the assumption that the higher mortgage amounts associated with multi-family housing opportunities automatically puts them out of reach ain’t (as the song says) necessarily so!
The NAR® finds that some 38% of residences are purchased by first-time buyers—yet it’s a safe bet that most of them would never consider that purchasing multi-family homes could be a great way to own their first home (and even generate some extra income at the same time). To begin to examine this as a possibility, some basic research into some of the key elements of multi-family financing is a logical preliminary step.
· Down Payment Options
Today’s loan requirements may be seeing some degree of easing, but most Lewes multi-family homes listings carry bigger down payments than single residences. Even so, some FHA loans for a one- to four-unit home require just a 3.5% down payment. A variety of other loan programs emphasizing affordable down payment options may also apply.
· Cash Reserves Requirements
Some traditional lenders have no specific cash reserve requirements, while the FHA has defined guidelines. For one- or two-unit properties, buyers must have one month’s worth of reserves (cash left after closing). For three- to four-unit homes, the requirement is for three months of reserves.
· Debt-to-Income Ratio
Lenders evaluate debt-to-income ratios to include other monthly debt payments as well as the anticipated mortgage payment. They weigh that against gross monthly income…and, needless to say, lenders who include a high percentage of projected rental income will be more likely to find a loan viable.
Whether you are a first-time or veteran home buyer, considering Lewes's multi-family housing listings is an idea that may be worth pursuing. Give me a call to discuss how one of today’s prime offerings might fit into your future! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestate.com.

Beyond Spring Cleaning: Inexpensive Renewal Ideas

With spring in the air, you don’t have to have your Delaware beach home for sale to catch the spring cleaning bug. Whether or not you’ve been cooped up inside for a longer-than-usual siege of the wintertime blues, as soon as the weather turns the corner, there seems to be a natural urge to open the windows and start freshening your place up.

Spring also brings the traditional hot selling season, and if you’re among those getting ready to list your own home for sale to take advantage of it, you’ll want to add extra attention to the traditional cleanup. Home for sale or not, you can channel some of your annual sprucing-up energy with one of these light renovation ideas. Each can add new zest to your living areas without breaking the bank:

  • If you want to liven up your kitchen or bathroom but don’t want to shell out for the full cost of replacing the cabinets or doors, consider what simply changing the hardware would do. Take a trip to the hardware department, pick out a sample knob or pull, then test what the change would look like. Sometimes this simple transformation adds a surprising degree of sparkle!
  • If your lighting fixtures are looking a bit dated and dingy, one simple fix is to buy new lampshades. Replacing a whole lamp is expensive and often unnecessary—and new shades can make a much more resounding impact, anyway. If you are planning to put your home for sale on the Delaware beach market anytime soon, best opt for white or cream. Keeping the look bright yet neutral gives you a proven selling advantage.
  • In any room where years of wear and tear have created smudges that no amount of elbow grease can remove, think about painting with a change of color.  It may be a bit more ambitious and costly, but whether you hire pros or do it yourself, the result can make you feel like you’re in a whole new home. As with the lampshade selection, resist the temptation to get overly exuberant and creative: choose neutral color combinations. 
  • If new furniture is not yet called for (or beyond this year’s budget), consider calling in the pros for some upholstery cleaning; then adding new accent pillows.  If your existing pillows are in good shape, sometimes just a few new pillow covers can freshen up a room’s whole look. Designers sometimes recommend picking just one bright color and keeping with it throughout the house.

You don’t have to be planning to list your home for sale in Sussex County to make 2014’s spring cleaning efforts a self-satisfying success. And if you’re planning to list, I have a host of other preparation tips…and a marketing plan designed to bring top results!