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$115,000
● Land - Off Market

0 Anchor DRIVE

ORMOND BEACH, FL
bedrooms
Studio
bathrooms
0 Bath
$819
Est. Monthly

About This Property

The drive home on one of the few beachside private dirt roads left will have you relaxed before you turn the handle of your new front door of your new build here at this secluded lot location just off the beaten path in Ormond-by-the-Sea. There's a supermarket, park with tennis, ball field and dog park around the corner. Also, restaurants for those days you are not in the kitchen, plus the Daytona special events and Daytona Airport are a short drive away for when friends come to visit.
Unit Size
-
Days on Market
50 days
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$183
HOA Dues
-
Year Built
-

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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: 3 years ago (Stellar MLS #FC299300)

Price History

Date / Event Date Event Price
May 10, 2024 Sold
Premium
Sold
Apr 24, 2024 In contract -
In contract
Apr 3, 2024 Price Decreased $129,500
↓ $5K (3.9%)
Price Decreased
Mar 26, 2024 Price Decreased $134,800
↓ $4K (3%)
Price Decreased
Mar 21, 2024 Listed by ADAMS, CAMERON & CO., REALTORS $139,000
Listed by ADAMS, CAMERON & CO., REALTORS

Property Highlights

Exterior Details
Lot Features: Cul-De-Sac, Irregular Lot, Oversized Lot
Lot Size Area: 14710
Lot Size Units: Square Feet
Lot Size Acres: 0.34
Lot Size Square Feet: 14710
Lot Size Dimensions: Irregular
Tax Lot: 0125
Water Source: See Remarks
Financial Details
Tax Annual Amount: $2,190
Utilities Details
Sewer : None

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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STELLAR

Listed by: Mark Dinorsce
ADAMS, CAMERON & CO., REALTORS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC299300
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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