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15 LORD GUY TERRACE
About This Property
Set on an OVERSIZED LOT with a spacious paved driveway, the property welcomes you with low maintenance landscaping, brick bordered stone beds, a charming front porch, and a convenient side porch that is perfect for outdoor dining, entertaining, or simply enjoying the coastal setting.
Inside, the OPEN CONCEPT floor plan creates an easy flow between the living room, dining area, and kitchen, providing a comfortable space for both everyday living and gatherings. The owners suite is privately situated at the front of the home, while two additional bedrooms and a full bath are located toward the rear. Just off the kitchen, the SPACIOUS BONUS ROOM adds valuable flexibility and can easily serve as a second living area, home office, playroom, or potential fourth bedroom with minimal modifications.
Living in Ocean Pines provides access to an impressive collection of RESORT STYLE AMENITIES, with both free and paid membership options available. Residents can enjoy swimming pools, parks, playgrounds, walking trails, a championship golf course, marina, yacht club, pickleball and tennis courts, a community garden, and a vibrant community center. Whether you are looking for a full time residence, vacation getaway, or investment property, this home offers the flexibility to fit a variety of lifestyles.
Everyday essentials are conveniently close, including grocery stores, pharmacies, healthcare, banks, and local restaurants. Spend the day enjoying Ocean Citys famous Boardwalk and beaches, explore the wild horses and natural beauty of Assateague Island National Seashore, or visit historic downtown Berlin for its boutiques and cafes. Golf enthusiasts will appreciate the nearby selection of courses, including Rum Pointe Seaside Golf Links, the Links at Lighthouse Sound, and Glen Riddle Golf Club. Boating, fishing, and outdoor recreation are also close at hand, while popular Delaware beach destinations including Lewes, Rehoboth Beach, Bethany Beach, and Fenwick Island are all within an approximately 20 to 50 minute drive.
With its convenient location, flexible floor plan, oversized lot, and access to the many amenities of Ocean Pines, 15 Lord Guy Terrace is ready to welcome you to the coastal lifestyle!
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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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Sep 23, 2026 | Price Decreased |
$359,900
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jul 18, 2026 | Listed by Coldwell Banker Realty | $389,900 | |
| Listed by Coldwell Banker Realty | |||
| May 1, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017