40
Map
309 W 5TH STREET
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 28, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Long & Foster Real Estate, Inc. | $1,795,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Nov 7, 2025 | Listed | $1,845,000 | |
| Listed | |||
| | |||
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Stunning canal front retreat with a private boat dock and just a few blocks from the pristine life-guarded beach of South Bethany. This coastal gem offers the perfect blend of indoor and outdoor living, featuring an open floor plan with an inviting great room that flows seamlessly onto a spacious screened porch and sun deck overlooking the water—ideal for entertaining or relaxing by the canal. At the heart of the home, the gourmet kitchen showcases high-end cabinetry, granite countertops and backsplash, a large center island, and premium stainless-steel appliances, creating the perfect setting for casual dining or elegant entertaining. The main level also includes a beautifully appointed guest bedroom and a full bath with a walk-in shower, all set against the warmth of Brazilian cherry hardwood flooring. Upstairs, the private primary suite offers a serene escape with its own private deck with canal views, a spa-like bathroom with a glass-enclosed tiled shower, soaking tub, dual vanities, and a generous walk-in closet. Two additional guest bedrooms and another full bath with dual sinks and walk-in shower complete the upper level. The ground floor includes a welcoming foyer, large storage/utility room, a convenient outside shower and covered parking. An expansive waterfront deck extends to the water’s edge, offering the perfect spot for lounging, launching your kayak, or preparing for a day on the boat. Located in the sought-after community of South Bethany—known for its life-guarded beach and proximity to downtown Bethany’s boutique shops, restaurants, and boardwalk—this home offers the ultimate coastal lifestyle. Walk to the beach or take your boat, jet ski, or kayak out for a day on the water, all from your own backyard.
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| Mar 29, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017