14 CENTRAL AVENUE
About This Property
Don't miss this incredible opportunity to own a beautifully renovated 1940s cottage in the heart of Ocean View-**with an additional lot included!** This unique property offers endless possibilities, whether you dream of adding a second home, a pool, or creating your own outdoor oasis.
Inside, the main floor features **two spacious bedrooms and a full bathroom,** while the upstairs suite provides a private retreat with a cozy **living area, bedroom, and full bath.** The charm of this home is matched only by its unbeatable location-nestled near **walking paths, parks, grocery stores, and local restaurants,** all just minutes from Bethany Beach.
Sitting on nearly **a full acre**, this property offers **ample off-street parking,** plus a **detached shed/garage** for extra storage or workspace. Whether you're looking for a coastal getaway, an investment opportunity, or a forever home, this cottage is truly **one of a kind!**
📍 **Minutes to Bethany Beach** | **Spacious Lot with Endless Potential** | **Historic Charm with Modern Upgrades**
Schedule your showing today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | In contract | - | |
| In contract | |||
| Feb 22, 2025 | Listed | $575,000 | |
| Listed | |||
| | |||
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**Charming 1940’s Cottage with Bonus Lot – A Rare Find in Ocean View!**
Don't miss this incredible opportunity to own a beautifully renovated 1940s cottage in the heart of Ocean View—**with an additional lot included!** This unique property offers endless possibilities, whether you dream of adding a second home, a pool, or creating your own outdoor oasis.
Inside, the main floor features **two spacious bedrooms and a full bathroom,** while the upstairs suite provides a private retreat with a cozy **living area, bedroom, and full bath.** The charm of this home is matched only by its unbeatable location—nestled near **walking paths, parks, grocery stores, and local restaurants,** all just minutes from Bethany Beach.
Sitting on nearly **a full acre**, this property offers **ample off-street parking,** plus a **detached shed/garage** for extra storage or workspace. Whether you're looking for a coastal getaway, an investment opportunity, or a forever home, this cottage is truly **one of a kind!**
📍 **Minutes to Bethany Beach** | **Spacious Lot with Endless Potential** | **Historic Charm with Modern Upgrades**
Schedule your showing today!
| |||
| Aug 29, 2019 | Sold | ||
| Sold | |||
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About Ocean View
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017