36606 RED CEDAR LOOP #24
About This Property
As you step inside, you'll be greeted by beautiful luxury vinyl plank flooring that flows seamlessly. The open and airy layout of the home provides plenty of space to relax and unwind, while the expansive and private outdoor space is perfect for enjoying the beautiful views.
Step into the amazing 4-seasons room, where you can bask in the sunshine and enjoy the cool breeze. The 4-season room features heat and air conditioning--so you can enjoy the lovely view year-round. The large and spacious patio is perfect for summer BBQs and outdoor gatherings. And with a very flat yard overlooking the serene pond, you'll never want to leave this peaceful oasis.
This home offers 2 bedrooms and 2 baths on one spacious level. In addition, the bonus room offers the flexibility of a room that can be used as a playroom, home office, or with the addition of a closet, this room could easily be converted into a bedroom for added versatility. And with a large laundry room, you'll have plenty of space to keep everything clean and organized.
Don't miss out on the opportunity to make this stunning home yours. Call today to schedule a tour and experience the beauty of Ocean View living for yourself! Just 4.2 miles from 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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | In contract | - | |
| In contract | |||
| May 12, 2023 | Listed by EXP Realty, LLC | $500,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/12/2023
|
2 Bed
|
2 Bath
|
1698 ft²
|
$500,000
2 Bed
2 Bath
1698 ft²
|
$500,000
06/30/2023
|
Eric Steinhoff
EXP Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017