34515 Bushnell Ct., Lewes, De 19958 | $148,000

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Property Details

This can be your affordable way to have a getaway at the beach. Close to Lewes & Rehoboth Beaches. 2bdrm/2bath ground floor condo w/screened porch. Rental income is based on last yr. round rental of $1,050/mth. All new kitchen appliances and well
  • MLS Number: 730700
  • Status: Active
  • Price: $148,000
  • Property Type:
  • Area: Lewes And Rehoboth Hundred
  • Community: Fairway Village Condos
  • School District: Cape Henlopen
  • Square Footage: 900
  • Year Built: 1983
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Number of Stories: 1
  • Unit Floor Number: 1
  • New Construction: No
  • County Taxes: $828
  • Condo Fee: $2,000
  • Water Fee: $360
  • Sewer Fee: $328
  • Furnished: Partial
  • Lot Size Acres: 0.00
  • Water: Public Central Water
  • Sewer: Public Central Sewer

Interior Features

  • Kitchen: Breakfast Bar, Countertops - Solid Surface, Eat In
  • Heating: Heat Pump(s)
  • Cooling: Central A/C, Heat Pump(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Cable TV Pre Wired, Dishwasher, Disposal, Dryer-Electric, Exhaust Fan, Microwave, Oven/Range Electric, Range Hood, Refrigerator, Washer
  • Interior Features: Bedroom-Entry Level, MBED-Full Bath

Exterior Features

  • Style: Flat/Apartment
  • Construction Type: Stick/Frame
  • Exterior Type: Vinyl Siding
  • Roofing: Architectural Shingle
  • Foundation: Concrete Block
  • Porch/Deck/Patio: Porch - Screened

Listing Courtesy of CROWLEY ASSOCIATES REALTY INC.

Three Relocation Miscues Everyone Can Avoid

When companies need to move employees who are also homeowners, they have to make the transition as painless as possible (or risk losing a valued asset). UrbanBound is a Chicago-based professional relocation group who know the landscape. “Even the most hands-on HR departments in the world can have too much on their plates to give relocation the attention it needs,” they point out. Thus the $16 billion relocation industry!

If you’re contemplating a relocation to Lewes any time soon, even without the services of a specialist, there’s much we can learn from the do’s and don’ts they offer. Here are some key don’ts:

Don’t Underestimate the Commute

If relocation to Delaware or Sussex County will find you entering unfamiliar territory, don’t rely on MapQuest to tell you how long you drive to work will be. Take a serious look at public transportation, too, as you choose where you want to live in relation to your new job.

Don’t Overestimate the Raise

When you are relocating, the difference between a $30,000 and $45,000 salary (or even $70,000 and $100,000) might actually amount to a decrease in real earnings. When you’re considering cost of living differences for relocation to or from Lewes, don’t be tempted to stop at the obvious living expenses, like housing and food. Will you be doing more holidays traveling to visit those you left behind? Will the kids wind up in private schools if available public schools aren’t up to snuff? You’re looking for all cost differences…which can go the other way, too!

Don’t Ignore Key Findings

The experts mention (politely) that not only do you have to do the research; you also have to accept the results. School quality really can vary. Even noise quality can be a factor that drives location. Best practice? Find out what people have to say about where they live, good and bad. When you plan Lewes relocation carefully, you’ll take advantage of your new opportunity while avoiding common oversights. And if relocation is in your future, I’m here to help you find the right — and practical — new place to call home. Call/text 302-228-7871 or email me, Russell Stucki, REALTOR® of Beach Real Estate Market to provide detailed information on Delaware homes for sale, investment and commercial properties, luxury and  waterfront homes, condos/townhomes, new construction, lots and land, farms and equestrian properties located in but not limited to Bethany, Bethel, Bridgeville, Dagsboro, Delmar, Ellendale, Fenwick Island, Frankford, Georgetown, Greenwood, Harbeson, Laurel, Lewes, Lincoln, Milford, Millsboro, Millville, Milton, Ocean View, Rehoboth Beach, Seaford, Selbyville, Delaware.

A Delaware Real Estate Investment's Big 4 Advantages

When you see any title here containing the words “Delaware Real Estate Investment,” you won’t be terribly surprised if the gist turns out to be what a good idea! When you’ve had the experience of seeing clients succeed with many real estate investment projects, it’s an unavoidable conclusion. Unfortunately, also pretty yawn-worthy.

That’s why I was pleased to come across Grant Cardone’s piece in Entrepreneur magazine. We all like to see our opinions agreed with—but doubly so when you’re offered specifics that bolster your own conclusions. The article listed reasons why real estate investments are “your smartest investment.” Here are some of them:

  1. A real estate investment is a hedge on inflation. Inflation hasn’t been hugely important for a while, but serious investors have an eye out for the possibility. When you dig down, you find that real estate investments have “historically shown the highest correlation to inflation” of other major asset classes.
  2. Real estate investments enable positive cash flow. This was Entrepreneur's number one reason. Having an investment which throws off cash while building equity at the same time is any smart investor’s ideal situation. When a Delaware real estate investment produces an income stream that is significantly higher than the typical stock dividend, what investor wouldn’t be interested?
  3. Leverage. A typical Delaware real estate investment makes it relatively easy “to place debt on the asset” because of its built-in collateral value. Entrepreneur offered some math to back up the way low-cost debt works to multiply a real estate investor’s power.
  4. Maximizing tax benefits. Taxes can be the bane of any investor—so real estate provisions that lighten the load can be significant factors influencing your bottom line.

Those are four solid advantages of the eight detailed in Cardone’s article. The last reason was less demonstrable but, IMHO, just as real:

  • Feeling the pride ownership” (no further explanation necessary).

If you are an investor who is beginning to look over the year’s performance and thinking about how you want 2017 to look, I hope you’ll do two things. First: take a serious look at whether a Delaware real estate investment might make a smart addition to your current portfolio. Second: call me! Call/Text me Russell Stucki at (302) 228-7871, email me at russellstucki@remax.net, visit more listings at www.beachrealestatemarket.com