For SaleNeutral Deal15 days on market
848 Schoolhouse Ln
848 Schoolhouse Ln, Dover, DE 19904, Dover, DE 19904
$354,990
Listing Price
848 Schoolhouse Ln, Dover, DE 19904
Loc: Dover, DE
Days Listed
15
Tax Assessed
$279k
Lot Size
9,714 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Fairview Elementary School
K-4
0.2 mi away
1
Middle School of Innovation
6-8
0.2 mi away
N/A
Dover High School
9-12
2.1 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 Residence1966Forced Air, Natural GasCentral Air, Electric2 Attached Garage spaces9,714 sqft15 Days$189
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.59%
Total ROI
102.2%
Cash Flow
$108/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $108/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • Strong rental demand in Dover
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 |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $354,990 | $189 |
| 2024-02-09 | Sold | $320,000 | $170 |
| 2023-12-04 | Contingent | $325,000 | $173 |
| 2023-11-10 | Listed for sale | $325,000 | $173 |
| 2019-03-01 | Sold | $185,000 | $98 |
| 2018-10-20 | Price change | $194,900 | $104 |
| 2018-08-23 | Price change | $199,900 | $106 |
| 2018-08-08 | Price change | $204,900 | $109 |
| 2018-04-27 | Listed for sale | $205,000 | $109 |
| 2007-12-03 | Sold | $172,000 | $91 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,637.92 | $278,700 |
| 2024 | $1,581.9 | $278,700 |
| 2023 | $1,330.46 | $45,200 |
| 2022 | $1,286.39 | $45,200 |
| 2021 | $1,239.02 | $45,200 |
| 2020 | $1,196.67 | $45,200 |
| 2019 | $1,066.27 | $42,600 |
| 2018 | $973.33 | $42,600 |
| 2017 | $973.33 | $42,600 |
| 2016 | $960.59 | $42,600 |
| 2015 | $959.78 | $42,600 |
| 2014 | $962.21 | $42,600 |
| 2012 | $0 | $42,600 |
| 2011 | $0 | $42,600 |
| 2010 | $0 | $42,600 |
| 2009 | $0 | $42,300 |
| 2008 | $0 | $42,300 |
| 2007 | $0 | $42,300 |
| 2005 | $0 | $42,300 |
| 2004 | $0 | $42,300 |
| 2002 | $0 | $42,300 |
| 2001 | $0 | $42,300 |
| 2000 | $532.35 | $42,300 |
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