11 Rose Hill Dr Bear, DE 19701

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4 beds · 2 baths · 2,600 sq ft · Lot Size: 16,117 sq ft · Single Family Home · Lexington Farms
Est. Property Value: $535,843

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11 Rose Hill Dr is in the Lexington Farms neighborhood of Bear, DE. It is located in New Castle County and ZIP code 19701. This Single Family Home was built in 1999 and is approximately 26 years old. The single family home spans 2600 sq ft with 4 bedrooms and 2 bathrooms and sits on a 16117 sq ft lot. According to public records, it was last sold in 2023 for $589,000 and has a tax-assessed value of $517,050, which is $206 per sq ft. The Lexington Farms area of Bear has 533 residential homes with an average size of 2575 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11 Rose Hill Dr Bear, DE 19701 with Property Intel by Whitepages.

11 Rose Hill Dr

Bear, DE 19701

Owner Info

Owners & Occupancy for 11 Rose Hill Dr

This property is owned by Marie G Bouzy. Owner contact information includes 3 phone numbers and 5 email addresses.

Property Owners

Residence********
Landline(407) 358-9013
Distance from Property**********
Email Address*******@aol.comView Email
OccupationComputer Systems Engineer, Chase
Cell Phone(732) ***-****View Cell Phone
Residence********
Landline(609) 298-0086
Distance from Property**********
Email Address***********@chase.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 63
Resident 2************* age 64
Resident 3************** age 33
Resident 4************* age 35
Resident 5********************* age 66

Property Financials for 11 Rose Hill Dr

11 Rose Hill Dr, Bear, DE has a mortgage from Draper & Kramer Mtg Corp (orig. October 11, 2023). The New Castle county assessment for 2024 values it at $517,050, with annual taxes of $3,728.

Mortgage & Equity Information

Loan Amount$******
LenderDraper & Kramer Mtg Corp
Origination DateOctober 11, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateOctober 11, 2023
Property Tax Amount$3,728 in 2024
Purchase Price$589,000
Assessed Value$517,050 on 2024

Investment Potential for 11 Rose Hill Dr

The property has a current estimated value of $535,843, which is 1% above the neighborhood median, based on public records. It last sold on October 11, 2023 for $589K. Projected long-term
is $31,800 annually ($2,650 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Lexington Farms.

Long-Term

Gross Rental
$31,800 per year($2,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 19701 zip code
 
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Property Details for 11 Rose Hill Dr

Property Details

Property Sq Ft

Living Area

2,600 sq ft

1% above market

Lot Size

16,117 sq ft

20% below market

Price Per Sq Ft

Living Area

$206 / sq ft

3% above market

Lot Size Area

$33 / sq ft

20% above market

Property condition, age, exterior, etc. for 11 Rose Hi…
Longitude: -75.754057 Latitude: 39.572476 Parcel Number (APN): 11-041.20-151…

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Market Benchmarks

Compare data for 11 Rose Hill Dr in New Castle County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$535,843
$464,428
$71,415 (15%)
$588,685
$26,403 (4%)
YoY Price Change
Year Built
1999
1992
7 years
Living Space
2,600 sq ft
2,432 sq ft
168 (7%)
$ Per Living Sq Ft
$206
$181
$25 (14%)
Lot Size
16,117 sq ft
12,632 sq ft
3485 (28%)
$ Per Lot Sq Ft
$33
$36
-$2 (-7%)

Net Operating Income
$22,092
-$2,160 (-10%)
Annual Revenue
$31,800
$33,000
-$1,200 (-4%)
$9,909
$1,960 (20%)
Net Operating Income
$22,092
-$2,160 (-10%)
Cap Rate
5.06%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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