820 Gehry Dr Middletown, DE 19709

4 beds · 2 baths · 2,475 sq ft · Lot Size: 10,454 sq ft · Single Family Home · Village of Bayberry North
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High Demand Long-Term RentalOwned for Less Than 5 YearsOwner Age 45 - 55

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820 Gehry Dr is in the Village of Bayberry North neighborhood of Middletown, DE. It is located in New Castle County and ZIP code 19709. This Single Family Home was built in 2016 and is approximately 9 years old. The single family home spans 2475 sq ft with 4 bedrooms and 2 bathrooms and sits on a 10454 sq ft lot. According to public records, it was last sold in 2022 for $500,000. The Village of Bayberry North area of Middletown has 857 residential homes. Analyze and compare real estate investment strategies for properties like this home at 820 Gehry Dr Middletown, DE 19709 with Property Intel by Whitepages.

Investment Potential for 820 Gehry Dr

The property has a current estimated value of $472,450, which is 8% below the neighborhood median, based on public records. It last sold on May 26, 2022 for $500K. Projected long-term
is $28,200 annually ($2,350 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
94%in 19709 zip code
 
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Owners & Occupancy for 820 Gehry Dr

This property is owned by Matthew R Kubler. Owner contact information includes 13 phone numbers and 6 email addresses.

Property Owners

OccupationVice President - Consumer Lending, Wsfs Financial Corp
Cell Phone(302) ***-****
Residence**************
Landline(302) 838-9652+ 8 more
Distance from Property**********
Email Address*************@gmail.com
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Property Ownership Information

Purchase DateMay 26, 2022
Property Tax Amount$3,904 in 2024
Purchase Price$500,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1********************** age 44
Resident 2**************
Resident 3****************
Resident 4**************** age 50

Property Details for 820 Gehry Dr

Property Details

Property Sq Ft

Living Area

2,475 sq ft

Compare to Village of Bayberry North

Lot Size

10,454 sq ft

Compare to Village of Bayberry North

Price Per Sq Ft

Living Area

$191 / sq ft

Compare to Village of Bayberry North

Lot Size Area

$45 / sq ft

Compare to Village of Bayberry North
Compare to Neighborhood Median
Property condition, age, exterior, etc. for 820 Gehry …
Longitude: -75.663218 Latitude: 39.513926 Parcel Number (APN): 13-008.43-185…
Mortgage originated on through lender: Wilmington Svgs Fund Society Fsb for$******View Mortgage Details
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    4 beds · 2 baths · 2,175 sq ft · Built: 2017

Market Benchmarks

Compare data for 820 Gehry Dr in New Castle County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$472,450
$422,601
$49,849 (12%)
$******
$555,885
-$856 (0%)
YoY Price Change
****%
2.66%
148%
Year Built
2016
1992
24 years
Living Space
2,475 sq ft
2,432 sq ft
43 (2%)
$ Per Living Sq Ft
$191
$173
$18 (10%)
Lot Size
10,454 sq ft
12,632 sq ft
-2178 (-17%)
$ Per Lot Sq Ft
$45
$34
$11 (34%)

Net Operating Income
$*****
$18,445
-$1,348 (-7%)
Annual Revenue
$28,200
$27,600
$600 (2%)
$*****
$9,136
$1,967 (22%)
Net Operating Income
$*****
$18,445
-$1,348 (-7%)
Cap Rate
****%
4.26%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians