36536 RED CEDAR LOOP #13
About This Property
This newly painted with modern updates throughout is one you won't want to miss. Main floor offers a spacious open concept kitchen / family room with hardwood floors and a gas fireplace. Custom shiplap entryway continuing into the kitchen and island surrounded by beautiful crown molding, striking new lighting fixtures and fans. A stunning glass tile backsplash, granite countertops and shaker cabinets make this kitchen a spot to entertain. Relax within the screened in porch overlooking a private wooded backyard.
Updated bathrooms with quartz counter tops, new faucets lights and mirrors.
Head upstairs to a large owner's suite with a full bath, soaking tub, tile shower and walk in closet. Second bedroom offers an en-suite bathroom and custom closet system.
Lower level offers a third large bedroom, full bath, walk in closet, opening to a back patio where you can sit and enjoy the evening.
Oversize garage will easily hold all your beach goodies along with shelving for added storage.
Windmill woods offers pool, tot lot, exercise room and tennis/pickleball court.
All of this is easily accessible to restaurants, grocery stores, banks, and only minutes to downtown Bethany Beach.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2021
|
3 Bed
|
4 Bath
|
1956 ft²
|
$429,990
3 Bed
4 Bath
1956 ft²
|
$427,500
-0.58%
09/03/2021
|
COURTNEY BOULOUCON
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017