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88 Old Red Mill Road, Newark, DE 19711-6670 $475,000

Beds/Baths: 3/2
Interior Sq. Ft: 2,530
Acreage: 0.7
Age:124 years
Style:
Farmhouse/National Folk
MLS#: DENC2052924
Subdivision: None Available
Design/Type:
Detached

Description

*The home includes an added bonus for investors or homeowners seeking rental income.* Nestled in Newark, Delaware, this picturesque 3-bedroom, 2-bathroom farmhouse on .70 acres skillfully combines rustic charm with modern amenities. Step into a welcoming interior where wood floors and exposed beams create a warm, rustic feel. The eat-in kitchen, heart of the home, is perfect for family meals and gatherings. The main level also features a convenient full bath and laundry room. The upper level houses three cozy bedrooms, another full bath, and a walk-in attic for ample storage. Adding to the home's charm is a non-functioning fireplace, a focal point that adds to the farmhouse ambiance. Outdoors, the property doesn't disappoint with a front porch and back patio, ideal for enjoying the serene surroundings. The home is located next to a stream, perfect for fishing enthusiasts. To the left of the home is a garage with a 1-bedroom, 1-bathroom apartment above, currently generating rental income of $1050, while the main house brings in $1800 per month. Both tenants, on month-to-month leases, are keen on staying. This Newark farmhouse is a unique blend of character, convenience, and income potential—a perfect choice for various lifestyles and investment opportunities. Home is being sold as-is.

Taxes: $2,136
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Garage: Y
Basement: Y
Pool: No Pool
School Dist: Christina
*The listing broker's offer of compensation is made only to participants of BrightMLS

Features

Water
Water Oriented: Yes; Water Front: No; Water Access: Yes; Water Body Type: River; Types of Use: Fishing Allowed; Navigable: No;

Utilities
Forced Air Heating, Natural Gas, Central A/C, Window Unit(s) Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer, 150 Amps, Main Floor Laundry

Garage/Parking
Detached Garage, Driveway, On Street, Garage - Front Entry, Detached Garage Spaces #: 1;

Interior
Attic, Dining Area, Exposed Beams, Kitchen - Eat-In, Wood Floors, Tub Shower, Unfinished Basement, Non-Functioning Fireplace

Exterior
Stone Foundation, Stone Exterior, Wood Siding, Deck(s), Porch(es)

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (20 schools)

School District Grades Place Distance
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 0.37 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 1.17 mi
Brennen School (The) Christina School District Preschool–12 Newark 1.18 mi
Smith (Jennie E.) Elementary School Christina School District K–5 Newark 1.22 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 1.53 mi
Forest Oak Elementary School Red Clay Consolidated School District K–5 Newark 1.6 mi
Maclary (R. Elisabeth) Elementary School Christina School District K–5 Newark 1.63 mi
Wilson (Etta J.) Elementary School Christina School District K–5 Newark 1.72 mi
Gallaher (Robert S.) Elementary School Christina School District K–5 Newark 1.73 mi
Brookside Elementary School Christina School District K–5 Newark 1.92 mi
Heritage Elementary School Red Clay Consolidated School District K–5 Wilmington 2.46 mi
Jones (Albert H.) Elementary School Christina School District K–5 Newark 2.91 mi
Linden Hill Elementary School Red Clay Consolidated School District K–5 Wilmington 3.03 mi
West Park Place Elementary School Christina School District K–5 Newark 3.18 mi
McVey (Joseph M.) Elementary School Christina School District K–5 Newark 3.31 mi
Marshall (Thurgood) Elementary School Christina School District K–5 Newark 3.43 mi
Downes (John R.) Elementary School Christina School District K–5 Newark 3.73 mi
Brandywine Springs School Red Clay Consolidated School District K–8 Wilmington 4.58 mi
Pleasantville Elementary School Colonial School District K–5 New Castle 4.67 mi
Mote (Anna P.) Elementary School Red Clay Consolidated School District K–5 Wilmington 4.78 mi

Public Middle (9 schools)

School District Grades Place Distance
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 0.37 mi
Shue-Medill Middle School Christina School District 6–8 Newark 0.43 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 1.17 mi
Brennen School (The) Christina School District Preschool–12 Newark 1.18 mi
Kirk (George V.) Middle School Christina School District 6–8 Newark 1.33 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 1.53 mi
Gauger-Cobbs Middle School Christina School District 6–8 Newark 2.33 mi
Skyline Middle School Red Clay Consolidated School District 6–8 Wilmington 2.51 mi
Stanton Middle School Red Clay Consolidated School District 6–8 Wilmington 3.4 mi

Public High (9 schools)

School District Grades Place Distance
Las Americas ASPIRA Academy Las Americas Aspira Academy K–9 Newark 0.37 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 1.17 mi
Brennen School (The) Christina School District Preschool–12 Newark 1.18 mi
Meadowood Program Red Clay Consolidated School District K–12 Newark 1.53 mi
Newark High School Christina School District 9–12 Newark 1.83 mi
Christiana High School Christina School District 6–12 Newark 1.91 mi
Dickinson (John) School Red Clay Consolidated School District 6–12 Wilmington 3.09 mi
Glasgow High School Christina School District 9–12 Newark 4.6 mi
Delcastle Technical High School New Castle County Vocational-Technical School District 9–12 Wilmington 4.92 mi

Private (14 schools)

School Grades Place Distance
Islamic Academy Of Delaware Islamic Preschool–8 Newark 1.22 mi
Tutor Time Child Care Nonsectarian Preschool–K Newark 1.46 mi
The College School Nonsectarian 2–8 Newark 1.76 mi
St Mark's High School Roman Catholic 9–12 Wilmington 1.94 mi
Newark Center For Creative Learning Nonsectarian K–8 Newark 2.92 mi
Developing Minds Preschool And Learning Center Nonsectarian Preschool–K Wilmington 3.12 mi
Delaware Tarbiyah School Islamic Preschool–8 Newark 3.19 mi
Tarbiyah Islamic School Of Delaware Islamic Preschool–8 Newark 3.38 mi
The Independence School Nonsectarian Preschool–8 Newark 3.68 mi
Learning Express Academy Nonsectarian K–8 Newark 3.82 mi
St John The Beloved School Roman Catholic K–8 Wilmington 4.05 mi
Limestone Hills Day School Nonsectarian Preschool–K Wilmington 4.1 mi
Fairwinds Christian School Baptist Preschool–12 Bear 4.56 mi
Wilmington Junior Academy Seventh-Day Adventist Preschool–8 Wilmington 4.68 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Newark (19711), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 23
  • Average salary of people in this community: $56,866

Community Summary

  • Population Density (ppl / mile): 1,943
  • Household Size (ppl): 2.60
  • Households w/ Children: 45%

Housing Inventory

  • Owned: 12,610 (59.8%)
  • Rented: 6,997 (33.2%)
  • Vacant: 1,481 (7.0%)
  • Total: 21,088

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 53,194
Households: 19,607
Median Age: 34.30

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.8%
  • Some High School: 3.5%
  • High School Graduate: 20.2%
  • Some College: 16.5%
  • Associate Degree: 7.6%
  • Bachelor's Degree: 28.0%
  • Graduate Degree: 22.5%

Income by dollar range

Median Income: $78,818

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $1,114
  • One Bedroom: $1,050
  • Two Bedroom: $1,232
  • Three Bedroom: $1,596
  • Four Bedroom: $1,889

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Crown Homes Real Estate , (302) 504-6147

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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 2/26/2024.

88 Old Red Mill Road, Newark, DE 19711-6670

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