Last Sold Price
4 beds2 baths2,175 sqft$105/sqft
601 Homestead Rd, Wilmington, DE 19805

Description

Investor Alert! This well maintained and profitable duplex is now on the market. This building offers 2, two bedroom apartments, a basement, two garages, and washer/dryer hook ups. Unit A, has a month to month tenant in place. Unit B, has a long term tenant in place. This property has great cash flow to add to your portfolio. Tenants pay water, sewer, electric, and gas. Owner pays trash.Investor Alert! This well maintained and profitable duplex is now on the market. This building offers 2, two bedroom apartments, a basement, two garages, and washer/dryer hook ups. Unit A, has a month to month tenant in place. Unit B, has a long term tenant in place. This property has great cash flow to add to your portfolio. Tenants pay water, sewer, electric, and gas. Owner pays trash.
LISTING CLOSED: 12/29/2023 12:00 AM

  1. Listed by Heather Sinclair • EXP Realty, LLC
    P: (302) 983-6553 heather.sinclair@exprealty.com

Property Details for 601 Homestead Road

Status
MLS #
DENC2050352
Days on Market
44
Taxes
$1,471 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Fee Simple
Year Built
1960
Lot Size
0.20 AC / 8,712 SF
Tax ID Number
07-043.20-107
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
Yes
Subdivision
ALBAN PARK
Subdivision
ALBAN PARK (NEW CASTLE DE)
Legal Subdivision
ALBAN PARK
Total Parking Spaces
2
Central Air
No
Basement
Yes
Above Grade Finished SQFT
2,175.00
Above Grade Fin SQFT Source
Estimated
Below Grade Finished SQFT
.00
Below Grade Fin SQFT Source
Assessor
Below Grade Unfinished SQFT
.00
Below Grade Unfin SQFT Source
Assessor
Total Below Grade SQFT
.00
Total Below Grade SQFT Source
Assessor
New Construction
No

Location

Listing Courtesy of EXP Realty, LLC

Sold By Home Finders Real Estate Company

Add your commute

Building Information for 601 Homestead Road

Stories-Residences2Year Built1960Building Size-Lot Size0.20 AC / 8,712 SF

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$1,287 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,164

Property Taxes

$123

HOA Dues

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Property Information for 601 Homestead Road

Location
Location
  • In City Limits: No
  • School District Name: RED CLAY CONSOLIDATED
  • School District County ID: 300200396545
  • SchoolDistrictSource: Listing Agent
  • County: NEW CASTLE
  • MLS Area: Elsmere/Newport/Pike Creek (30903)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $1,471
  • Year Assessed: 2022
  • County Tax: $369
  • City Town Tax: $0
  • Land Assessed Value: $9,200
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 0
  • Zoning: NC5
  • Tax Lot: 107
  • School Tax: $1,103
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Trash Collection, Taxes - Real Estate, Insurance
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 1
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Annual Rental Income: $30,600
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,175.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 33.10 x 151.30
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2261588
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Attached Garage, Off Street, On Street
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Rear Entry
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Radiant
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Fuses
Confidential Data
Listing Office
  • List Agent AOR: New Castle County Board of REALTORS

Property History for 601 Homestead Road

DateEvent & SourcePriceAppreciation
Dec 29, 2023

Closed (Public Record)

Public Record #1525389388

$229,000

+1.3% / yr

Dec 29, 2023

Closed

BRIGHT #DENC2050352

$229,000
Nov 16, 2023

Pending

BRIGHT #DENC2050352

DateEvent & SourcePrice
12/29/2023

Closed (Public Record)

Public Record #1525389388

$229,000

+1.3% / yr

12/29/2023

Closed

BRIGHT #DENC2050352

$229,000
11/16/2023

Pending

BRIGHT #DENC2050352

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 601 Homestead Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,576 ($298 / month)
Home Facts
Baths2Total Finished SqFt2,175 SqFtAbove Grade Finished SqFt2,175 SqFtStories2Lot Size8,712 SqFtStyleMulti-Family Dwelling (2-4)Year Built1960ZoningNC5CountyNEW CASTLEAPN07-043.20-107

Schools near 601 Homestead Road

This home is within Red Clay Consolidated School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 12
Rating
School
Distance
Richardson Park Elementary School
PublicK to 5

Stanton Middle School
Public6 to 8

Dickinson (John) High School
Public6 to 12

Conrad Schools of Science
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 601 Homestead Road, Wilmington, DE 19805
$229,000
4
2
2,175
8,712
$90,000
1,584
3,020
$239,000
4
2
2,175
3,049
$280,000
4
2
1,575
3,049
$110,900
1,575
3,049
$92,700
2
1,575
8,276

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.