Bought with Kristine Mottola • Compass
$367,450
$400,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
506 CAMBRIDGE DR Newark, DE 19711
4 Beds
3 Baths
2,025 SqFt
Key Details
Sold Price $367,450
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,025 sqft
Price per Sqft $181
Subdivision Fairfield
MLS Listing ID DENC2077942
Sold Date 05/19/25
Style Colonial
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,025
Year Built 1964
Available Date 2025-03-21
Annual Tax Amount $3,945
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 100.00 x 153.30
Property Sub-Type Detached
Source BRIGHT
Property Description
Welcome to 506 Cambridge Dr., a promising 4-bedroom, 2.5-bathroom single-family home located in the heart of Newark, DE. This property presents an exceptional opportunity for those looking to invest in a home with immense potential. Situated just moments away from the University of Delaware, this home offers a convenient location for students, faculty, or anyone who wishes to be near vibrant campus life. While this home is a fixer-upper, it brims with possibilities for creating immediate equity. The spacious layout provides ample room for customization, allowing you to transform this house into your dream home or a lucrative rental property. The existing framework includes generously sized bedrooms, multiple spacious living areas, and a sizable backyard, perfect for gatherings or outdoor activities. The two car garage is perfect for covered parking or your home workshop or getaway. The basement has a drop ceiling installed and is primed to be finished in the perfect hang out. Take advantage of this rare opportunity to invest in a property with boundless potential in a prime location. With your vision and a little TLC, 506 Cambridge Dr. can become a cherished home or a valuable asset. Don't miss out on this chance to unlock the hidden value in this fantastic property!
Location
State DE
County New Castle
Area Newark/Glasgow (30905)
Zoning 18RS
Rooms
Basement Full, Partially Finished
Interior
Interior Features Bathroom - Tub Shower, Bathroom - Stall Shower, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Wood Floors
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplaces Number 1
Fireplaces Type Equipment, Wood
Equipment Oven/Range - Gas, Freezer, Refrigerator, Washer, Dryer, Water Heater
Furnishings No
Fireplace Y
Window Features Double Pane,Insulated,Double Hung
Appliance Oven/Range - Gas, Freezer, Refrigerator, Washer, Dryer, Water Heater
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Exterior Feature Enclosed, Patio(s), Roof
Parking Features Covered Parking, Garage Door Opener, Garage - Front Entry, Inside Access
Garage Spaces 4.0
Water Access N
Roof Type Shingle
Street Surface Black Top
Accessibility 2+ Access Exits
Porch Enclosed, Patio(s), Roof
Attached Garage 2
Total Parking Spaces 4
Garage Y
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Christina
Others
Senior Community No
Tax ID 18-006.00-068
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Negotiable
Horse Property N
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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