Neighborhood
26 W 40th St, Wilmington, DE 19802
3 beds · 1 bath · 1,450 sq ft · Lot: 2,178 sq ft · Single Family Home · Last Sold: $30K in 2011 · Built: 1940
Est. Value:
$212K
Est. Rent:
$2.3K/month

26 W 40th St Wilmington, DE 19802

3 beds · 1 bath · 1,450 sq ft · Lot Size: 2,178 sq ft · Single Family Home · Harlan
Est. Property Value: $211,834

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26 W 40th St is in the Harlan neighborhood of Wilmington, DE. It is located in New Castle County and ZIP code 19802. This Single Family Home was built in 1940 and is approximately 85 years old. The single family home spans 1450 sq ft with 3 bedrooms and 1 bathroom and sits on a 2178 sq ft lot. According to public records, it was last sold in 2011 for $30,000 and has a tax-assessed value of $111,960, which is $146 per sq ft. The Harlan area of Wilmington has 409 residential homes with an average size of 1350 sq ft. Analyze and compare real estate investment strategies for properties like this home at 26 W 40th St Wilmington, DE 19802 with Property Intel by Whitepages.

Investment Potential for 26 W 40th St

The property has a current estimated value of $211,834, which is 1% below the neighborhood median, based on public records. It last sold on July 27, 2011 for $30K. Projected long-term
is $27,000 annually ($2,250 per month) with a 89% occupancy rate.

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Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 19802 zip code
 
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Owners & Occupancy for 26 W 40th St

No contact information is available.

Occupancy

Resident 1******************* age 37
Resident 2************ age 55
Resident 3*************** age 57
Resident 4************** age 57

Property Details for 26 W 40th St

Property Details

Property Sq Ft

Living Area

1,450 sq ft

7% above market

Lot Size

2,178 sq ft

0% above market

Price Per Sq Ft

Living Area

$146 / sq ft

4% below market

Lot Size Area

$97 / sq ft

2% above market

Property condition, age, exterior, etc. for 26 W 40th …
Longitude: -75.524022 Latitude: 39.761192 Parcel Number (APN): 26-016.20-089…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Recommended Properties in Harlan

Discover more single family homes near 26 W 40th St in Wilmington, Delaware. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 26 W 40th St in New Castle County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$211,834
$279,654
-$67,820 (-24%)
$393,819
$122,793 (31%)
YoY Price Change
2.34%
314%
Year Built
1940
1989
-49 years
Living Space
1,450 sq ft
1,600 sq ft
-150 (-9%)
$ Per Living Sq Ft
$146
$175
-$29 (-17%)
Lot Size
2,178 sq ft
7,850 sq ft
-5672 (-72%)
$ Per Lot Sq Ft
$97
$36
$61 (169%)

Net Operating Income
$20,633
-$149 (-1%)
Annual Revenue
$27,000
$28,200
-$1,200 (-4%)
$6,381
$135 (2%)
Net Operating Income
$20,633
-$149 (-1%)
Cap Rate
7.45%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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