203 THIRD STREET
About This Property
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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 10, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Long & Foster Real Estate, Inc. | $3,950,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Aug 11, 2020 | No longer available | - | |
| No longer available | |||
| Apr 9, 2020 | Listed | $850,000 | |
| Listed | |||
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Build your beach home on this lot that is priced to sell in a great location in the beautiful town of Bethany Beach. It is a 40 X 100 ft cleared lot with central utilities and town services connections available. Conveniently located only 2 blocks to the beach, you can walk or bicycle to restaurants, shops and boardwalk and enjoy the charm of Bethany and all it has to offer. This location offers a rare opportunity to build your dream home and start living the good life. Call for more information today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017