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672 Mayfield Falls Dr, Newark, DE, 19702

2beds
2baths
1,900sqft
$490,000
$258price/sqft
$3,163/moest. monthly cost
$126,520/yrincome needed

About This Home

Motivational price located in the sought-after 55+ community of The Cascades within Delaware but close to Maryland, this beautifully designed home offers the perfect blend of comfort, convenience, and low-maintenance living. Residents enjoy access to exceptional community amenities including a sparkling pool, gym, walking areas, and beautifully maintained grounds—all designed to support an active and carefree lifestyle. Step inside to discover a bright and inviting open-concept layout ideal for both everyday living and entertaining. The spacious kitchen flows seamlessly into the dining and living areas, creating a warm and welcoming atmosphere filled with natural light. A dedicated office and additional front flex room provide versatile spaces perfect for working from home, hobbies, reading, or hosting guests. The thoughtfully designed bonus room above the garage offers even more flexibility and includes its own mini-split system, making it an ideal retreat for special guests, climate-controlled storage, craft space, or private getaway area. Enjoy the ease of low-maintenance living with lawn care included, giving you more time to relax and take advantage of the wonderful community amenities, local shopping and restaurants. This home combines modern comfort, functional living space, and the lifestyle you’ve been waiting for in one exceptional Newark location.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

3/10
1/10
Glasgow High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Architectural Shingle
  • Construction materials: Vinyl Siding,Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Cooktop,Dishwasher,Disposal,Dryer,Oven,Oven/Range - Gas,Range Hood,Refrigerator,Stainless Steel Appliance(s),Washer,Tankless Water Heater
  • Laundry features: Main Level

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Bathroom - Stall Shower,Bathroom - Tub Shower,Breakfast Area,Ceiling Fan(s),Combination Dining/Living,Open Floorplan,Kitchen Island,Eat-in Kitchen,Pantry,Primary Bath(s),Recessed Lighting,Store/Office,Walk-In Closet(s),9'+ Ceilings,Dry Wall
  • Flooring: Carpet,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Gas/Propane
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,900

Heating & Cooling

  • Heating features: Central,Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 11020.40080
  • Zoning: S
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Patio
  • Exterior features: Sidewalks
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Front,Concrete,Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Strong Wind
Tsunami

FEMA Declared Disasters Across Delaware Counties

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,477$29,724
Home Insurance *$141$1,692
Property Taxes $294$3,528
Electricity $251$3,021
Total$3,163$37,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,445/yr
40% on housing$94,890/yr
45% on housing$84,346/yr

Delaware FAIR Plan Programs

Insurance Placement Facility of Delaware

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,170Commercial: 57
Total Premiums$607,000
Total Exposure$249.53M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 8.7%
8.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$258This listing

vs Other Active Listings

Avg $/sqft

ZIP 19702$166
New Castle County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 19702$217
New Castle County$218

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-23Price change$490,000
2026-06-17Price change$495,000
2026-05-22Listed for sale$499,900
2023-06-08Listing removed--
2023-05-13Price change$476,037
2023-05-09Listed for sale$482,487

For Sale by Agent

AgentLynn Robinson
BrokerageCompass

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