1206 S OCEAN DR
About This Property
Enjoy this coastal retreat located in South Bethany, a family friendly quiet beach resort, just a mile and a half from the Bethany boardwalk & it's amenities, but only 1 block from shops & eateries in the York Beach Mall at the south end of town.
Enter this accommodating home from the lower level Ocean Front covered deck, protected from weather & perfect for outdoor dining, games and outside leisure activities on a rainy or hot sunny day. The entry level offers ample storage for beach supplies and a spacious natural lighted laundry room.
The main level boasts an inviting open floor plan, integrating living room, dining room and kitchen, perfect for entertaining! Windows abound offering a bright and airy beach feel with stunning views in all directions. A dual set of French doors creates a seamless flow from LR & DR out to the main Ocean Front deck. Enjoy the view down the State Park beach & the WWII submarine watching tower from the Kitchen sink window.
Two large guest bedrooms and a full bath are conveniently located off the great room on he main level, one with French doors to a west deck with views of the park and "people watching" on Ocean Drive.
Two sunlit primary suites complete with en-suite baths are featured on the upper level, spilling out to a large Ocean Front sun deck with elevated ocean views.
Come see the sunrise over the ocean waves while sipping your morning brew or watch the sunsetting from the west balconies and decks as you enjoy all the beach has to offer all day and night.
2 Electic Storm Shutters on East wall main level over 2 Atrium French Doors leading to oceanfront deck.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Price Decreased |
$3,700,000
↓ $250K
(6.3%) | |
| Price Decreased | |||
| May 1, 2024 | Listed by SANDCASTLE REALTY INC | $3,950,000 | |
| Listed by SANDCASTLE REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017