506 Cambridge Drive, Newark, DE 19711

$367,450
4
BD
3
BA
2,025
SqFt

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Sold Price
$367,450
List Price
$400,000
Closing Date
May 19, 2025
Days on Market
18
Status
CLOSED
MLS#
DENC2077942
Bedrooms
4
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,025
Lot Size (Acres)
0.35000000000000003
Style
Colonial
Year Built
1964
County
New Castle
School District
Christina

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!

Additional Information

Area
Newark/Glasgow (30905)
Subdivision
Fairfield
Taxes
$3945
Interior Features
Bathroom - Tub Shower, Bathroom - Stall Shower, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Wood Floors
School District
Christina
Fireplaces
1
Fireplace Description
Equipment, Wood
Garage
Yes
Garage Spaces
2
Exterior Features
Street Lights, Gutter System, Exterior Lighting
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Shingle
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass. Contact:

Selling Office: .