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16 Canal Street, Rehoboth Beach, DE 19971 $949,000

Open House: Sun, May 19, 11:00AM-1:00PM
Beds/Baths: 3/2.1
Interior Sq. Ft: 1,525
Acreage: 0
Age:32 years
Style:
Contemporary
MLS#: DESU2061336
Subdivision: Encampment Grounds
Design/Type:
End of Row/Townhouse

Description

Step into your tranquil retreat within the sought-after Encampment Grounds of Rehoboth Beach. This end-unit condo offers a serene escape from the hustle and bustle, enveloped by a verdant canopy of trees that paint the landscape with shades of green. As you enter, you're greeted by the peaceful ambiance of a quiet city street and the distant murmur of the Lewes Rehoboth canal. Multiple decks offer panoramic views of the serene canal waters, providing the perfect backdrop for morning coffee or evening relaxation. This is more than just a home; it's an invitation to embrace the quintessential Rehoboth Beach lifestyle. Fine dining establishments, charming specialty shops, and the boardwalk are all just a stroll away. And when the call of the beach beckons, it's just a short walk to soak up the sun and surf to your heart's content. For the savvy investor, this property presents an excellent opportunity with little to no restrictions on rentals. Whether you're seeking a peaceful retreat for yourself or a lucrative investment opportunity, this condo offers the best of both worlds in one of Delaware's most coveted coastal communities. Live here, and every day feels like a vacation.

Kitchen: Main
Living Room: Main
Other: Main

Taxes: $1,670
Home Assoc: No
Condo Assoc: $2,000/Annually
Buyer Agency Comp*: 2.5 % Of Gross
Garage: Y
Basement: N
Pool: No Pool
School Dist: Cape Henlopen
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Utilities
Heat Pump(s), Electric, HRV/ERV, Electric, Hot Water - Electric, Public Water, Public Sewer, Dryer In Unit, Washer In Unit, Cable TV, Electric Available

Garage/Parking
Attached Garage, Driveway, Parking Lot, Garage - Front Entry, Attached Garage Spaces #: 1;

Interior
Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Carpet Flooring, Ceramic Tile Flooring, Dry Wall, Storm Doors

Exterior
Slab Foundation, Wood Siding, Deck(s), Outside Shower

Lot
Trees/Wooded, Other, Canal View

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (3 schools)

School District Grades Place Distance
Rehoboth Elementary School Cape Henlopen School District K–5 Rehoboth Beach 0.36 mi
Love Creek Elementary School Cape Henlopen School District K–5 Lewes 3.25 mi
Lewes Elementary School Cape Henlopen School District K–5 Lewes 4.81 mi

Public Middle (1 schools)

School District Grades Place Distance
Beacon Middle School Cape Henlopen School District 6–8 Lewes 3.05 mi

Public High (1 schools)

School District Grades Place Distance
Cape Henlopen High School Cape Henlopen School District 9–12 Lewes 4.35 mi

Private (1 schools)

School Grades Place Distance
Bethel Preschool Of Lewes Inc Methodist Preschool–K Lewes 4.94 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Rehoboth Beach (19971), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $77,267

Community Summary

  • Population Density (ppl / mile): 495
  • Household Size (ppl): 1.96
  • Households w/ Children: 15%

Housing Inventory

  • Owned: 6,197 (37.9%)
  • Rented: 812 (5.0%)
  • Vacant: 9,359 (57.2%)
  • Total: 16,368

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 13,739
Households: 7,009
Median Age: 59.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.2%
  • Some High School: 3.1%
  • High School Graduate: 19.8%
  • Some College: 15.6%
  • Associate Degree: 7.5%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 24.9%

Income by dollar range

Median Income: $78,689

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,682
  • One Bedroom: $932
  • Two Bedroom: $1,268
  • Three Bedroom: $1,432
  • Four Bedroom: $2,638

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Coldwell Banker Premier - Rehoboth , (302) 227-5000, rehobothde@premiermove.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/18/2024.

16 Canal Street, Rehoboth Beach, DE 19971

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