26
Map
$875,000
●
House -
Off Market
129 CANAL ROAD
BETHANY BEACH, DE 19930
3 Beds
2 Baths,
1
Half Bath
1,900 Ft²
$921,354
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Truly a One of A Kind Coastal Contemporary Retreat located in the
heart of South Bethany. A 3BR, plus loft/office space with 3
levels offering an open concept with views from almost every
window! This home was constructed in the 80's and only one
owner throughout the entire time. Initially it was their
vacation spot and then moved here permanently. It has been
well cared for and maintained over the years of ownership. A
lot of pride and love is evident in the construction and
beautifully landscaped exterior. You can be at the private
beaches of South Bethany in minutes and then back in the late
afternoon to enjoy all the tranquility the surrounding landscape of
this home has to offer! Nothing else like it on the market.
Extensive decking and screen porch all leading off of the
main living area to give way to unobstructed views toward the
Assawoman Canal and wetlands. The exterior of the home
includes an outside shower/dressing area, along with a large
storage room for all your beach toys.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$461
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1989
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (Bright MLS #DESU2011730)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by ReMax Coastal | $875,000 | |
| Listed by ReMax Coastal | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Bethany
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Listed by: KATHY GOODMAN
ReMax Coastal
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# DESU2011730
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
ReMax Coastal
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# DESU2011730
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