0 DRAPER ROADMilton, DE, 19968
$ 2,952,000Bedrooms Baths--
for $2,952,000. The lot size is 1159 x 2352.
Prime development opportunity in high-value Milton, Delaware. 49.2 acres +/- on Draper Rd. and Reynolds Rd. Farm house is included in sale. Zoned AR-1, agricultural/ residential. Property is largely cleared with some wooded area. Pls see Disclosure attachments for latest Boundary Survey Plan (June 2016), plus photos. Perk tests have been done on adjacent property and results were excellent for drainage (info provided by Seller). See photos for mapped location - property is in close proximity to Route 1, Coastal Highway and a short drive to the coastal towns of Lewes and Rehoboth Beach, Delaware. Excellent road frontage on both Reynolds Road and Draper Road, close to Union Street Extended.According to website , the cost of living index in Milton is rated at 86.3 based on a national average of 100, indicating that cost of living is about 14% less than the U.S. average. Property is outside of Milton town limits. Condition of sale - farmer can harvest existing crops.
Water Source On Site Well Needed
Lot Description Clear Lot Corner Irregular Lot Subdivision Possible Wooded / Trees
Road Frontage County Road
List By Long & Foster Real Estate, Inc.
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Lots and land listings in Milton, DE
Average List Price $738,213
Percent of Sale Price 75%
About Milton, DE
$ 52,480 Median Income
41.39 Median Age
26% Households with Children
CAPE HENLOPEN School District
|3/2/2019||$2,952,000|| -14.29%|| Price Down|
|1/15/2019||$3,444,000|| -12.37%|| Price Down|
|7/16/2018||$3,930,000|| -8.71%|| Price Down|
|6/6/2018||$4,305,000|| ||Listed Price|