A luxurious coastal retreat now awaits you in the highly sought
after beach community of Ocean View Beach Club. Featuring an open
and expansive floor plan boasting high end features throughout.
Enter the welcoming foyer with 9' ceilings, crown moldings and
French doors to the flex room. The soft beachy color pallet and
natural lighting presents the Great Room's focal point of a propane
fireplace with beautiful slate hearth and white wood surround and
floor to ceiling windows. Custom Hunter Douglas blinds in all
rooms. Spacious Dining area permits a large farm table for family
and friends to gather. Gourmet kitchen is adorned with GE
stainless steel appliances, gas cooktop, double wall oven, built-in
microwave, high-end cabinetry with upgraded hardware, under-cabinet
lighting, an exquisite kitchen island, granite countertops,
backsplash, dry bar and large walk-in pantry. Spacious mud room
with white Wainscot welcome bench and closet allowing comfortable
entry from garage. Beautiful wide luxury vinyl plank flooring
adorns all main living and sleeping areas with tiled bathrooms and
laundry room while hardwood wood accents the staircase with a
decorative palatial window. Relaxing screen porch with tiled
flooring and exterior tiled grilling area back to woods offering
superb privacy. The 2nd floor sizeable primary en-suite with dual
closets (1 walk-in), large linen closet, spa-inspired shower with
floor to ceiling tile and granite countertops. 3 guest suites, 2
full baths, Loft area (great for game night)! Walk-in closets and
lots of storage. Laundry Room with utility sink. High-end finishes
throughout including beautifully upgraded trim work custom lighting
and 6 ceiling fan fixtures. 2 car garage and outdoor shower.
Meticulously maintained and cared for, this coastal beauty is
situated on a lovely half circle cul-de-sac so no drive through
traffic. Beautifully landscaped lot with irrigation and within
walking distance to the stunning clubhouse. Ocean View Beach Club
has resort style amenities including large outdoor and newly added
indoor pool, beach shuttle, state of the art fitness center, Spa,
pickle ball, game room and event/social gathering area and a beach
shuttle! Entertaining food truck on most summer weekends, too! Only
2 miles from Bethany Beach and close proximity to nearby kayak
launch. Come experience coastal style living at its best in this
amenity rich resort. Call for your private tour today.
Unit Size
2,838 Ft²
Days on Market
20 days
Land Size
-
Price per sqft
$229
Property Type
Condo
Property Taxes
$248
HOA Dues
$480
Year Built
2020
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Cap Rate Calculator
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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.
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