31443 WATERSHED LANE
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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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed | $769,900 | |
| Listed | |||
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INLAND BAYS! Now is the time to stop in at Inland Bays in Bethany Beach. This exclusive community features 30 Dewey Floor plans starting at just $769,900, offering numerous optional upgrades that make each home unique and customized to the individual owner. Make the most of summer with a close proximity to Bethany Beach and the boardwalk, and the private community pool and picnic space. This location is unbeatable, and you won't find another home with this level of luxury at this value!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017