$619,000
●
House -
Off Market
5 WEDGEFIELD BLVD
OCEAN VIEW, DE 19970
4 Beds
4 Baths,
1
Half Bath
2,800 Ft²
$629,745
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Just in time for the beautiful spring season, this spacious 4
bedroom, 3.5 bath home (with 2 en-suite rooms, one up and one down)
is ready for a new owner. Used as a successful rental in 2022, this
home comes mostly furnished (see exclusion list) with a sunny
morning room overlooking the pond, a stocked kitchen, propane
fireplace for cooler evenings, compact pool table in loft, and
plenty of extra gathering room for family and guests. Outside,
enjoy the grill and meals at the 8 plus person tile table
overlooking the gorgeous pond view. Located across the street from
the popular golf course Bear Trap, the Wedgefield neighborhood has
its own pool and tot lot with low HOA fees. You will find many
amenities down the road such as grocery stores, restaurants,
markets, boutiques, nature trails, kayaking access, mini-golf and
more. You are in the heart of town while also being around just 3
miles to Bethany Beach boardwalk and short drives to other resort
beach destinations. Get ready for a wonderful summer in your new
home!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$223
Property Type
House
Property Taxes
$220
HOA Dues
$750
Year Built
2003
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Cap Rate Calculator
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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: 4 years ago (Bright MLS #DESU2035368)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
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HOA + Taxes
About Ocean View
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Listed by: CHRISTINE MCCOY
Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# DESU2035368
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.
Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# DESU2035368
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