This 8.05 acre lot is less than one mile from Old New Castle city limits. Zoned as Heavy Industrial and situated on a high traffic, high exposure road with typical permit uses including chemical manufacturing, power production, storage & distribution, and flex space. This property has tons of potential with additional uses contingent on county approval. SUBSTANTIAL PRICE DECREASE FROM MOTIVATED SELLERS BRING OFFERS!
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Point Realty
Office Phone: (302) 426-2211
Listing Agent: Anthony A Borleis
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot Size: 8.05 Acres
Other
Directions Information:
Directions: Rte - 9 S. headed out of Old New Castle Approx 150' Past Deemers beach parking lot. See listing diagrams and photos. Sign will be on site .
Price Information
Listing Price Info
Price Summary:
List Price: $1,199,999
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New Castle, DE.
This property is $904.7K more than the Median Sold Price in New Castle, DE.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DENC2057572
Listing Office:
Office Name: RE/MAX Point Realty
Office Phone: (302) 426-2211
Listing Agent: Anthony A Borleis
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Kathleen H. Wilbur Elementary School
4050 Wrangle Hill Rd
Distance between this listing and this school2.02 miles
Public District Grades KG-5
6
/10
Southern Elementary School
795 Cox Neck Rd
Distance between this listing and this school2.09 miles
Public District Grades KG-5
3
/10
Leasure (May B.) Elementary School
1015 Church Rd
Distance between this listing and this school3.15 miles
Public District Grades KG-5
Nearby Schools
3
/10
Gunning Bedford Middle School
801 Cox Neck Rd
Distance between this listing and this school2.12 miles
Public District Grades 6-8
2
/10
George Read Middle School
314 E Basin Rd
Distance between this listing and this school6.18 miles
Public District Grades 6-8
2
/10
Gauger-Cobbs Middle School
50 Gender Rd
Distance between this listing and this school6.35 miles
Public District Grades 6-8
Nearby Schools
7
/10
St. Georges Technical High School
555 Hyetts Corner Rd
Distance between this listing and this school4.98 miles
Public District Grades 9-12
3
/10
William Penn High School
713 E Basin Rd
Distance between this listing and this school5.68 miles
Public District Grades 9-12
4
/10
Paul M. Hodgson Vocational Technical High School
2575 Glasgow Ave
Distance between this listing and this school5.78 miles
The neighbors living near this home have an average income of $107,303. Typical income of New Castle, DE residents is between $100k-200k annually. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In New Castle, DE
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in New Castle, DE?
New Castle's housing market is characterized by a blend of historical charm and modern convenience, with a significant portion of properties reflecting colonial and Victorian architectural influences. Single-family homes are prevalent, making up a substantial part of the housing stock, while apartments and townhouses offer alternatives for those seeking smaller living spaces or maintenance-free lifestyles. The homeownership rate in New Castle is robust, with a majority of residents owning their homes, indicative of a stable and invested community.
Is New Castle, DE a good place to live?
New Castle prides itself on its rich historical heritage and tight-knit community atmosphere. The area is celebrated for its well-preserved landmarks and annual events that honor its colonial past, such as the 'Separation Day' festival. Residents and visitors alike enjoy the quaint streets lined with mature trees and the scenic views along the Delaware River, which contribute to the town's unique character and sense of place.
Are things conveniently located in New Castle, DE?
The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare needs are met by local clinics and the proximity to larger hospitals in the surrounding region. New Castle's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a mix of independent shops and restaurants that cater to a variety of tastes and preferences.
What does the transportation in New Castle, DE look like?
Transportation options in New Castle cater to a range of preferences, with local roads and highways connecting residents to nearby cities and employment hubs. Public transit services facilitate movement within the town and to broader destinations, though schedules may vary. The area's walkability is enhanced by its historic districts, which are particularly pedestrian-friendly. Ride-sharing services are available, providing an alternative to personal vehicle use and complementing the existing transportation infrastructure.
Frequently Asked Questions About 0 River Rd
What is the listing price of this property?
The listing price of 0 River Rd property is $1,199,999.
What type of property is this?
The property 0 River Rd is land located in New Castle, Delaware, 19720.
Is this property for sale now?
Active Listing: 0 River Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 River Rd in New Castle, DE and zip code 19720. This home sits on a 8.05 acre lot. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $1,199,999.
In October 2024 more than 19 listings in New Castle, DE were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 9 were sold below. In October 2024 in New Castle, DE there were 10.9% more homes for sale than in September 2024. Listings spent 15 days on the market in October 2024, and had a median list price of $295,214 during the same period.
From Rocket Homes Real Estate and based on county public records data.