129 HENLOPEN DR
About This Property
Inside you can enjoy a wonderful front sitting and dining area, find a comfortable spot in any of the 3 sizable bedrooms, or spend time in the large sunroom that looks out into the backyard.
Not only is the beach at your fingertips, but so is a day on the bay. With the ability to dock your boat in the canal, you'll have immediate access to enjoy a day out on the water - hop on and take a ride through Jefferson Creek out onto the Little Assawoman Bay!
This property offers beach living at its very finest- don't miss the opportunity to call this amazing beach cottage your very own!
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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.
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About South Bethany
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017