101 LUCKY DRIVE
About This Property
Step outside to the expansive rear tiled and enclosed patio, that's ideal for enjoying sunlit breakfasts or twilight cocktails without the fuss of insects. The huge corner lot provides ample space to add a pool or park everything from beach cruisers to RVs, blending practicality with endless sandy potential.
Being close to Daytona Beach, Ponce Inlet, Flagler Beach, and St. Augustine, day trips will be a breeze. Here you are minutes to shopping at the new Publix at Halifax, the Bellair Plaza, the Granada Plaza, the Ormond Bridge, the Ormond Beach tennis center, "restaurant row", churches and so much MORE! Families can rest assured that this property is zoned for top-rated schools. No doubt, this home is a beacon for both relaxation seekers and adventure enthusiasts. Whether it's the proximity to local dining hotspots like Stonewood restaurant or easy access to the beach and outdoor activities, there's no better place to anchor your life by the Atlantic Ocean. Let the gentle sounds of the surf serenade you in a home that's as inviting as a warm ocean wave.
All information is intended to be accurate but cannot be guaranteed.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017