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$3,299,000

Beds
6
Baths
4.5
sq ft
5,766

14 Cookman St, Rehoboth Beach, DE 19971

14 Cookman St

REHOBOTH BEACH, DE 19971

  • 594 days on market
    • Price drop $250,000↓
Back on the market at an incredible new price. Hamptons meets Rehoboth! This custom home sited on a rare double lot in the Pines is comprised of over 4,200 heated square feet on 3 levels, plus an unfinished basement with 8ft ceilings (adding nearly 1,500 additional square feet), screen porch, oversized detached garage, and new swimming pool! The home features an open contemporary design with soaring ceilings and abundant light. The main level features an open concept living room/dining room, gourmet kitchen, wet bar, butler’s pantry, family room, mudroom, laundry, powder room and a large master suite with abundant storage. The second floor is comprised of a 2nd master suite and 3 additional bedrooms with each bedroom accessing its own private outdoor deck. The top floor consists of a penthouse solarium (optional 6th bedroom) with half bath opening to a large deck. In 2022, a south-facing heated saltwater gunite pool was installed by Ashton Pools with custom features including spa jets, sun bench, custom safety cover, and full automation from your mobile device. Mature landscaping provides privacy and Cookman is a one-block, one-way coveted street with very little traffic, ample parking and the ability to walk to everything in town. This home has a proven rental history (140K in 2024) with even greater potential. A pro forma is attached with estimates of $200K+ See Virtual Video Tour!

Details

Property type

Single Family Residence

Est. home value

$551,694

Lot size

8,276 sq ft

Price per sq ft

$573

Year built

2004

Annual property taxes

$4,650

HOA

No

Price History

11/08/2024
Bright

Bright #DESU2038458

Listed
$3,299,000
10/30/2024
Bright

Bright #DESU2038458

Pending
$3,299,000
10/28/2024
Bright

Bright #DESU2038458

Listed
$3,299,000
-7.04%

Schools & Community

Elementary school: 

REHOBOTH

Middle school: 

BEACON

High school: 

CAPE HENLOPEN

School district: 

CAPE HENLOPEN

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Capital Bank Na

Loan start date

December 2023

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Not Provided

Seller

Declan C Leonard and Seth C Berenzweig

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/12/2024 at 5:35 PM

Listing updated: 11/08/2024 at 4:34 PM

Listed by: Michael Reamy Jr, Monument Sotheby's International Realty Phone #: (302) 227-6767

MLS: Bright #DESU2038458

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