15 days on rocket

16 Canal St, Rehoboth Beach, DE, 19971

$949,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,525 SqFt
$622/SqFt
Townhouse
Schools Nearby

Location

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16 Canal St, Rehoboth Beach$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage - Front Entry, Crushed Stone, Attached Garage, Driveway, Parking Lot
Garage1 space
Year Built1992
HeatingHeat Pump
CoolingHeat Pump
ViewCanal
MLS #DESU2061336
StatusActive
(ACTIVE)

About 16 Canal St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1992
  • Stories: 3
  • Living Area: 1,525 SqFt

Listing Office:

  • Office Name: Coldwell Banker Premier - Rehoboth
  • Office Phone: (302) 227-5000
  • Listing Agent: ELIZABETH DORMAN

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven, Electric Range, Microwave, Dishwasher, Disposal, Dryer, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Canal
  • Exterior: Outside Shower

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Crushed Stone, Attached Garage, Driveway, Parking Lot

Lot Features

Lot Information:

  • Lot: Wooded

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Cape Henlopen High School, Public District Grades 8-12
  • Beacon Middle School, Public District Grades 4-8
  • Rehoboth Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Rt. 1 to Rehoboth Avenue, make an immediate Right on Canal Street just after you go over the canal bridge, the unit will be down the street on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $622/SqFt
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Housing Market Comparison

See how this home compares to others in Rehoboth Beach, DE.

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Rehoboth Beach, DE

City

Med. Sold Price

$765.4K

Med. Price/SqFt

$331

Avg. Days On Market

35

# of Sold Homes

31

16 Canal St vs Rehoboth Beach

15 DAYS ON ROCKET

-20 Days

$949,000

+$183.5K More

$622/SqFt

+$291 More

KEY TAKEAWAY

This property is $183.5K more than the Median Sold Price and $291/SqFt more than other homes in Rehoboth Beach, DE.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DESU2061336

Listing Office:

  • Office Name: Coldwell Banker Premier - Rehoboth
  • Office Phone: (302) 227-5000
  • Listing Agent: ELIZABETH DORMAN

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 1:15:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3274084
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.39 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3274085
7
/10

  • Beacon Middle School

  • 19483 John J Williams Hwy

  • 3.08 miles

  • Public District Grades 4-8

High School

school-card-donut-3274086
5
/10

  • Cape Henlopen High School

  • 1250 Kings Hwy

  • 4.40 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,765. Residents of Rehoboth Beach, DE typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Canal St

What is the listing price of this property?

The listing price of 16 Canal St property is $949,000.

What type of property is this?

The property 16 Canal St is a townhouse located in Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 16 Canal St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16 Canal St are:
Rehoboth Elementary School: GreatSchools Rating 9/10
Beacon Middle School: GreatSchools Rating 7/10
Cape Henlopen High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 16 Canal St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 16 Canal St is 1,525 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Canal St is 1992.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›16 Canal St

This home is located at 16 Canal St in Rehoboth Beach, DE and zip code 19971. This 1,525 square foot home was built in 1992. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $949,000.

In April 2024, from all listings sold in Rehoboth Beach, DE there were more than 12 sold above asking price, over 13 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Rehoboth Beach, DE increased by 10.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $765,420, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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