202 Chesapeake Street, Dewey Beach, DE, 19971

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$1,199,000
64 Days Online

202 Chesapeake Street
Dewey Beach, DE 19971

For Sale|Single Family Home|Active
5
Beds
3
Full Baths
1
Partial Bath
1,545
SqFt
$776
/SqFt
1967
Built
Subdivision:
Rehoboth By The Sea
County:
Sussex
Call Now: 302-381-5602
Is this the home for you? We can help make it yours.
302-381-5602
202 Chesapeake Street202 Chesapeake Street202 Chesapeake Street202 Chesapeake Street
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"Chesapeake on Lake Comegys" a waterfront treasure, comes furnished and ready for immediate Lake/Ocean life living! Take in the BEST views from this location! This original cottage is conveniently located between Rehoboth and Dewey Beach and is a hidden gem. The home features a freshly painted living /dining area that overlooks Lake Comegys and is surrounded by nature. Bring in natural light and the sound of the majestic Atlantic in the distance with Lake Comegys as your backdrop. You won't find a better location! Features: Four bedrooms, 2.5 baths, an additional bedroom with private bath and convenient separate entrance on the lover level. Sleeps up to 12 comfortably! There is plenty of space inside and out; watch premier sunrises and evening sunsets every day as soon as you buy! The large, screened porches -a must to enjoy the fabulous views along with comfy seating for lounging after a day on the beach. The outdoor area offers an enclosed but open-to-the-sky outside shower, grill, and dining area on a private deck. Launch a kayak, relax on your pier as you take witness to cranes, egrets, ducks, and more! Create your best memories with friends and family, take advantage of the rental potential ($4,000-week, peak weeks), enjoy the perks of owning a ground lease like this (many tax write offs for renting). Super dog friendly area, especially on the beach. Easy proximity to restaurants and nightlife of downtown Dewey Beach-just a short walk south. Heading north by bike or Trolley ride: for Rehoboth's shops, restaurants and nightlife- the walk is scenic -Silver Lake in downtown Rehoboth, the mile long boardwalk, and more. Booked rentals for in place: Highest rate: $4100 week, off season Sept-Nov $2500. Highest potential $50,000 GRI, more if fully renovated. Lease expires in December 31, 2072. 2020 amount: $17,777. Owner does not carry flood insurance; Lender likely to require Flood Insurance. Homeowners is with Williams Insurance agency: $1,227 year.

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Listing Snapshot
Price
$1,199,000
Days Online
64 Days
Bedrooms
5
Inside Area (SqFt)
1,545 sqft
Total Baths
4
Full Baths
3
Partial Baths
1
Lot Size
0.11 Acres
Year Built
1967
MLS Number
DESU177260
Status
Active
Property Tax
$705
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS
3 weeks agoPrice changed to $1,199,000
2 months agoListing first seen online
General Features
Style
CoastalCottage
Water
Public
Sewer
Public Sewer
Utilities
Cable TVElectric AvailablePhonePropaneSewer AvailableWater Available
Electric
Circuit Breakers
Garage
No
Parking
Crushed StonePrivate
Foundation
Pilings
Other Structures
Above GradeBelow Grade
Construction Materials
FrameBlockMixedWood Siding
Zoning
TN
Levels Count
2
Interior Features
Flooring
HardwoodCarpet
Appliances
DishwasherDryer - ElectricMicrowaveOven/Range - ElectricWasherWater Heater
Laundry
Main Floor
Heating
Central
Cooling
Central A/C
Central Air
Yes
Basement
Yes
Basement Description
Daylight, PartialOutside EntranceWindows
Fireplace
Yes
Other Interior Features
Breakfast AreaBuilt-InsDining AreaEntry Level BedroomFamily Room Off KitchenExposed BeamsFloor Plan - OpenKitchen - Table SpacePantryStall ShowerUpgraded CountertopsWood Floors
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Exterior Features
Waterfront Features
Private Dock Site
Body of Water
Lake Comegys
Water Access
Canoe/KayakPrivate Access
View
Lake
Road
Gravel
Lot Features
ClearedPrivateRear YardSecluded
Roof
Unknown
Other Exterior Features
BBQ GrillOutside ShowerSecure Storage
Community Features
Security
Smoke Detector
Accessibility Features
Low Pile Carpeting
Senior Community
No
Schools
School District
CAPE HENLOPEN
Elementary School
REHOBOTH
Middle School
BEACON
High School
CAPE HENLOPEN
Listing courtesy of Jack Lingo - Rehoboth



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Neighborhood & Commute
Source: Walkscore
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