For SaleRisky Deal1 days on market
137 Waters Edge Dr
137 Waters Edge Dr, Dover, DE 19904, Dover, DE 19904
$435,000
Estimate®:$450,200$15,200 Under Market
Listing Price
137 Waters Edge Dr, Dover, DE 19904
Loc: Dover, DE
Days Listed
1
Tax Assessed
$394k
Estimate®
$450k
3% Under Valued
Lot Size
9,148 sqft
Rent Estimate
$2,412/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
North Dover Elementary School
K-4
2.1 mi away
1
Middle School of Innovation
6-8
2.8 mi away
N/A
Dover High School
9-12
3.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence2012Forced Air, PropaneCentral Air, Electric2 Attached Garage spaces$175 monthly9,148 sqft0$168
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.40%
Total ROI
54.5%
Cash Flow
$-663/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-663/mo net cash flow with a 4.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Dover, DE
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $435,000 | $168 |
| 2012-10-24 | Sold | $297,005 | $115 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,792.82 | $394,300 |
| 2024 | $2,423.66 | $394,300 |
| 2023 | $1,796.27 | $45,900 |
| 2022 | $988.14 | $45,900 |
| 2021 | $976.97 | $45,900 |
| 2020 | $1,617.94 | $45,900 |
| 2019 | $906.42 | $45,900 |
| 2018 | $1,445.87 | $45,900 |
| 2017 | $1,045.87 | $45,900 |
| 2016 | $1,360.15 | $45,900 |
| 2015 | $0 | $45,900 |
| 2014 | $0 | $45,900 |
| 2012 | $0 | $400 |
| 2011 | $0 | $400 |
| 2010 | $0 | $400 |
| 2009 | $0 | $400 |
| 2008 | $0 | $400 |
| 2007 | $0 | $400 |
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