113 Needlewood LOOP
About This Property
Nestled in the heart of Debary, this charming home is conveniently located near shopping, the Plantation Golf Course, and just minutes from Sunrail. Featuring three bedrooms and two bathrooms, this home offers a formal living and dining room, an eat-in kitchen area, and a cozy den with a fireplace. Step outside to enjoy the screened-in pool and covered lanai.
While the home needs some TLC due to the passing of one of the owners and illness, it holds great potential. With wood floors, a gas stove, and included appliances, this property is a fantastic opportunity. The neighborhood is quaint, well-maintained, and boasts a low HOA. Roof, AC and Water Heater are just a few years old.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Dec 8, 2024 | Price Decreased |
$334,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Nov 9, 2024 | Price Decreased |
$344,990
↓ $15K
(4.2%) | |
| Price Decreased | |||
| Sep 10, 2024 | Relisted | $359,990 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017