$835,000
●
House -
Off Market
424 COLLINS STREET
BETHANY BEACH, DE 19930
4 Beds
2 Baths
1,600 Ft²
$4,250
Est. Monthly
3.38%
Cap Rate
About This Property
Charming coastal style home located just 4 blocks to the beach in
downtown Bethany! This beach retreat offers the convenience of
one-level living and a spacious open floorplan creating the ideal
layout for entertaining. This home has been beautifully updated
blending timeless coastal charm with modern finishes such as new
stainless steel appliances, granite countertops, and beautiful LVP
flooring throughout. The primary bedroom features vaulted ceilings,
dual closets, bathroom with jetted tub, and private access to a
back deck. There is plenty of room for family and friends with 3
additional bedrooms and another full bathroom. Step outside to a
generous front deck that wraps around the side of the home and
leads to a large outdoor shower, perfect for rinsing off after a
day at the beach. This location is just a short walk to the beach,
but because it's within the town limits of Bethany, you also have
the option to ride the town trolley or use your Town of Bethany
parking permits to park in a resident spot downtown.
Unit Size
1,600 Ft²
Days on Market
25 days
Land Size
0.16 acres
Price per sqft
$522
Property Type
House
Property Taxes
$150
HOA Dues
-
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-
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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: 2 years ago (Bright MLS #DESU2081320)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | Listed by Long & Foster Real Estate, Inc. | $835,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Bethany Beach
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Listed by: LESLIE KOPP
Long & Foster Real Estate, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# DESU2081320
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Long & Foster Real Estate, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# DESU2081320
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