$1,270,000
●
House -
Off Market
303B CENTRAL BLVD
BETHANY BEACH, DE 19930
3 Beds
2 Baths
1,200 Ft²
$6,359
Est. Monthly
About This Property
Incomparable location, this renovated beach cottage is just steps
to the ocean and boardwalk and offers amazing views overlooking the
wide open Bethany Beach park. Positioned on a beautifully
landscaped corner lot, this 3 bedroom home is flooded with natural
light from the expansive southern exposure. Recent
improvements include a new kitchen, new flooring, new laundry, new
light fixtures, new furnishings and a freshly painted interior.
The backyard was updated with new composite decking, lights
and an outdoor kitchen, creating the perfect space for summer
entertaining. A charming detached shed offers additional
storage for outdoor dining and entertaining necessities. Step
inside to the four car garage on the first level which is perfect
for all of your toys or for recreation before and after the beach.
Situated only within walking distance to the sand and surf as
well as the charming restaurants and shops in downtown Bethany,
this home will be your perfect beach retreat or could make for an
incredible rental property.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$1,079
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
-
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Bright MLS #DESU2050906)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2023 | Sold | ||
| Sold | |||
| Nov 15, 2023 | In contract | - | |
| In contract | |||
| Nov 3, 2023 | Listed by Long & Foster Real Estate, Inc. | $1,295,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Jul 1, 2022 | No longer available | - | |
| No longer available | |||
| May 29, 2022 | Listed by Bethany | $949,900 | |
| Listed by Bethany | |||
| | |||
|
Fantastic Find only 2 1/2 Blocks to the Beach in downtown Bethany! Overlooking the Bethany Beach Park, this cozy, 3 bedroom, 2 bath home has new interior paint, flooring, trim, crown molding and recently updated kitchen! Garage has room for multiple cars or toys...or expand the space downstairs into a game room! Plenty of room in the backyard to redesign the space into an oasis! Oversized outdoor shed for additional storage or would make a fabulous outdoor bar or entertainment area! The possibilities are endless! You could even start from scratch and have one of our local builders design your dream home!!
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Property Highlights
Garage
Air Conditioning
With View
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About Bethany Beach
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Listed by: LESLIE KOPP
Long & Foster Real Estate, Inc.
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# DESU2050906
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Long & Foster Real Estate, Inc.
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# DESU2050906
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