About This Home - Skip the hassles of new construction-this nearly
new, two-year-young home is ready for you now! From the moment you
arrive, you'll appreciate the thoughtful design, premium finishes,
and beautiful fountain views visible from nearly every window.
Outdoor living is just as inviting, with a private rear porch,
paver patio, and fully fenced yard-the perfect setting for morning
coffee, entertaining, or simply relaxing at the end of the day. The
three-car garage offers plenty of flexibility for vehicles, a
workshop, hobbies, or additional storage. Inside, this beautifully
maintained 3-bedroom, 3-bathroom home combines elegance with
everyday practicality. The kitchen features stainless steel
appliances, granite countertops, a ceramic tile backsplash, a
farmhouse sink, and ceiling-height cabinetry, while the adjacent
mini bar provides the perfect spot for serving beverages when
entertaining guests. Just off the dining area, the sunroom brings
the outdoors in and offers a bright, comfortable space to enjoy
year-round. The gas fireplace adds both warmth and ambiance, making
chilly winter mornings especially inviting. Conveniently located
just off the kitchen, the pantry/laundry room includes a sliding
door for easy separation when guests are visiting. The thoughtfully
designed one-level living area includes a spacious primary suite
featuring a tray ceiling, additional bump-out space, and an
oversized walk-in closet. The luxurious primary bath offers a
walk-in shower, quartz countertops, and a dedicated makeup area. An
office provides a quiet workspace and conveniently separates the
primary suite from a secondary bedroom and full bath. Upstairs,
you'll discover an additional open living area and a second
secondary suite with its own full bathroom, providing privacy and
flexibility for family and guests. Every aspect of this home
reflects exceptional care and attention to detail. Located in the
desirable Sweetbay community, residents enjoy resort-style
amenities, including an outdoor swimming pool and community
firepit. Ideally situated close to shopping, dining, entertainment,
and some of the area's most popular beaches, including Bethany
Beach, Fenwick Island, and Ocean City, Maryland, this home offers
the perfect combination of comfort, convenience, and coastal
living. Come see all that this beautiful home-and Sweetbay-have to
offer. Your next chapter starts here!
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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