41 Madison Drive, Newark, DE 19711-4403 $155,000

Beds/Baths: 4/2
Interior Sq. Ft: 1,250
Acreage: 0.04
Age:65 years
Style:
Colonial
MLS#: DENC2003452
Subdivision: College Park
Design/Type:
Interior Row/Townhouse

Description

Attention investors and landlords! This is a great investor opportunity for a rental with solid tenants. Home is within easy walking distance to the University of Delaware and off-street parking to the rear of the unit. The main level features a large living room with separate dining room, and full size bathroom. The home has natural hardwood floors throughout on the main and upper level. The upstairs area features three bedrooms and a full bathroom. The lower level has an extra bedroom and extra storage space with laundry. The rear area of the basement allows you to walk-out to the parking area. Property currently rents for $1166 per month.

Taxes: $1,563
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Christina

Features

Utilities
Forced Air Heating, Oil, Window Unit(s) Cooling, None, Hot Water - Electric, Public Water, Public Sewer, 100 Amp Service, Circuit Breakers, Basement Laundry, Cable TV

Garage/Parking
Off Street, Paved Parking, Unassigned Parking

Interior
Skylight(s), Partially Finished Basement, Accessibility - 2+ Access Exits

Exterior
Brick/Mortar Foundation, Flat Roof, Brick Exterior

Lot
Front Yard

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (19 schools)

School District Grades Place Distance
West Park Place Elementary School Christina School District K–5 Newark 0.27 mi
Downes (John R.) Elementary School Christina School District K–5 Newark 0.78 mi
McVey (Joseph M.) Elementary School Christina School District K–5 Newark 1.7 mi
Newark Charter School Newark Charter School K–12 Newark 1.94 mi
Brookside Elementary School Christina School District K–5 Newark 2.16 mi
Maclary (R. Elisabeth) Elementary School Christina School District K–5 Newark 2.44 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.94 mi
Smith (Jennie E.) Elementary School Christina School District K–5 Newark 2.99 mi
Cecil Manor Elementary Cecil County Public Schools Preschool–5 Elkton 3 mi
Christina Early Education Center Christina School District Preschool Newark 3.06 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 3.19 mi
Las Americas ASPIRA Academy Las Americas Aspira Academy K–8 Newark 3.5 mi
Brader (Henry M.) Elementary School Christina School District K–5 Newark 3.53 mi
Wilson (Etta J.) Elementary School Christina School District K–5 Newark 4.22 mi
Gallaher (Robert S.) Elementary School Christina School District K–5 Newark 4.73 mi
Meadowood Program Red Clay Consolidated School District Preschool–12 Newark 4.8 mi
Forest Oak Elementary School Red Clay Consolidated School District K–5 Newark 4.86 mi
Marshall (Thurgood) Elementary School Christina School District K–5 Newark 4.88 mi
Kenmore Elementary Cecil County Public Schools Preschool–5 Elkton 4.98 mi

Public Middle (7 schools)

School District Grades Place Distance
Newark Charter School Newark Charter School K–12 Newark 1.94 mi
Gauger-Cobbs Middle School Christina School District 6–8 Newark 2.83 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.94 mi
Kirk (George V.) Middle School Christina School District 6–8 Newark 2.97 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 3.19 mi
Shue-Medill Middle School Christina School District 6–8 Newark 3.57 mi
Meadowood Program Red Clay Consolidated School District Preschool–12 Newark 4.8 mi

Public High (7 schools)

School District Grades Place Distance
Newark High School Christina School District 9–12 Newark 1.49 mi
Newark Charter School Newark Charter School K–12 Newark 1.94 mi
Brennen School (The) Christina School District Preschool–12 Newark 2.94 mi
Delaware School for the Deaf Christina School District Preschool–12 Newark 3.19 mi
Glasgow High School Christina School District 9–12 Newark 3.4 mi
Christiana High School Christina School District 6–12 Newark 3.83 mi
Meadowood Program Red Clay Consolidated School District Preschool–12 Newark 4.8 mi

Private (7 schools)

School Grades Place Distance
Newark Center For Creative Learning Nonsectarian K–8 Newark 0.66 mi
The College School Nonsectarian 2–8 Newark 1.62 mi
Tarbiyah Islamic School Of Delaware Islamic Preschool–8 Newark 3.01 mi
Delaware Tarbiyah School Islamic Preschool–8 Newark 3.39 mi
Islamic Academy Of Delaware Islamic Preschool–8 Newark 3.73 mi
Tutor Time Child Care Nonsectarian Preschool–K Newark 4.53 mi
Tri-State Christian Academy Christian (no specific denomination) Preschool–12 Elkton 4.62 mi

© 2021 LiveBy. All Rights Reserved.

This report is a detailed community overview for Newark (19711), Delaware.

Community Quick Facts

  • Average travel time to work for people in this community: 24
  • Average salary of people in this community: $53,565

Community Summary

  • Population Density (ppl / mile): 1,900
  • Household Size (ppl): 2.59
  • Households w/ Children: 40%

Housing Inventory

  • Owned: 12,362 (59.0%)
  • Rented: 7,039 (33.6%)
  • Vacant: 1,534 (7.3%)
  • Total: 20,935

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 52,033
Households: 19,401
Median Age: 35.20

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 1.4%
  • Some High School: 3.2%
  • High School Graduate: 21.4%
  • Some College: 16.9%
  • Associate Degree: 7.9%
  • Bachelor's Degree: 26.4%
  • Graduate Degree: 22.8%

Income by dollar range

Median Income: $71,983

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $841
  • One Bedroom: $991
  • Two Bedroom: $1,208
  • Three Bedroom: $1,637
  • Four Bedroom: $1,824

© 2021 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of:
Concord Realty Group

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 12/04/2021.

41 Madison Drive, Newark, DE 19711-4403

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