7 months on rocket

506 New Castle St, Extended, Rehoboth Beach, DE, 19971

$1,599,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,806 SqFt
$885/SqFt
House

Location

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506 New Castle St, Rehoboth Beach$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage - Front Entry, Driveway, Off Street, Attached Garage
Garage1 space
Year Built1961
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #DESU2063244
Lot Size0.23 Acres
StatusActive
(ACTIVE)

About 506 New Castle St

Welcome to Schoolvue, a tranquil enclave in Rehoboth Beach, only 10-15 minute walk to the beach, boardwalk, and downtown restaurants. Uniquely wide streets, ample parking, and no traffic! A short stroll to the Turtle Bridge on Silver Lake, then only 3 blocks to the beach. Pickleball courts, Tennis courts, playgrounds, and fields available to Schoolvue residents. Schoolvue distinguishes itself within the Town of Rehoboth by predominately featuring 10,000 square foot lots offering ample space between neighbors, allowing for abundant outdoor living spaces, and the addition of a private pool. This custom-built solid brick home, lovingly maintained by its original owner, offers beautiful hardwood floors throughout, a sunny living area with a brick fireplace, dining room, and spacious kitchen. An enclosed porch, currently used as an office, provides a convenient rear entrance. With three bedrooms, two baths, and a one-car garage, the home boasts a comfortable layout. The basement, featuring a recreation room and exterior entrance, offers additional living space and storage. Consider designing your dream beach house with up to 4,500 sq ft of living space, or personalize this well-kept home with your own furnishings and decor to make it truly yours. Schoolvue’s 100x100 lots are double the typical 50x100 intown lot enabling you to build 1.5 times the house.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler, Traditional
  • Year Built: 1961
  • Stories: 1
  • Living Area: 1,806 SqFt

Listing Office:

  • Office Name: RE/MAX Realty Group Rehoboth
  • Office Phone: (302) 227-4800
  • Listing Agent: Debbie Reed

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Front Entry, Driveway, Off Street, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Rehoboth Ave, At the traffic circle, take the exit onto Grove St, Turn right onto State Rd, Turn left onto Newcastle St Ext, house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $885/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

$780K

Med. Price/SqFt

$361

Avg. Days On Market

49

# of Sold Homes

25

506 New Castle St vs Rehoboth Beach

212 DAYS ON ROCKET

+163 Days

$1,599,000

+$819K More

$885/SqFt

+$524 More

KEY TAKEAWAY

This property is $819K more than the Median Sold Price and $524/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: #DESU2063244

Listing Office:

  • Office Name: RE/MAX Realty Group Rehoboth
  • Office Phone: (302) 227-4800
  • Listing Agent: Debbie Reed

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: 12/22/2024, 12:20:57 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.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

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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.

Nearby Schools

school-card-donut-975711
9
/10

  • Rehoboth Elementary School

  • 500 Stockley St

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-975712
9
/10

  • Love Creek Elementary School

  • 19488 John J Williams Hwy

  • 3.71 miles

  • Public District Grades KG-5

school-card-donut-975713
8
/10

  • Shields (Richard A.) Elementary School

  • 910 Shields Ave

  • 5.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 New Castle St

What is the listing price of this property?

The listing price of 506 New Castle St property is $1,599,000.

What type of property is this?

The property 506 New Castle St is a house located in Extended, Rehoboth Beach, Delaware, 19971.

Is this property for sale now?

Active Listing: 506 New Castle St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 506 New Castle St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 New Castle St is 1,806 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 New Castle St is 1961.

Rocket Homes›Delaware›Sussex County›Rehoboth Beach›19971›506 New Castle St

This home is located at 506 New Castle St in Extended, Rehoboth Beach, DE and zip code 19971. This 1,806 square foot home, which was built in 1961, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $1,599,000.

In November 2024 more than 7 listings in Rehoboth Beach, DE were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 14 were sold below. The inventory of homes for sale in Rehoboth Beach, DE between October 2024 and November 2024 increased by 3.6%. In November 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $780,000.

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

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