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648 TINGLE AVENUE
About This Property
This better-than-new home offers a bright, open floor plan featuring an impressive great room with vaulted ceilings, a first-floor primary suite, and three additional spacious bedrooms. An additional upstairs family room provides flexible space-perfect for a bunk room, media room, or guest retreat.
The gourmet kitchen showcases white cabinetry, granite countertops and a large center island. Enjoy upgraded finishes throughout, including hardwood floors, a gas fireplace, and designer furnishings.
Outdoor living abounds with a spacious screened porch, a newly built maintenance-free Trex deck (2024) overlooking mature pine trees, and a large front porch perfect for relaxing. Recent updates include a new AC unit (2025) and new ceiling fans with lighting in every bedroom. The home comes fully stocked and furnished, complete with linens, kitchenware, and a washer and dryer-ready for immediate enjoyment or rental income potential.
Ideally situated in a quiet community within walking distance to downtown Bethany Beach, with the town trolley stopping right on your street, and ownership includes two coveted downtown parking permits.
A truly move-in-ready home with every detail thoughtfully maintained-whether for personal use or as a high-demand investment property.
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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.
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About Bethany Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017