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114 RED MILL DRIVE
About This Property
Step through the grand entry into a bright, open dining and living area that flows seamlessly into the spacious kitchen, complete with a center island that overlooks the inviting family gathering room. Here, a striking linear fireplace serves as the focal point of the entertainment wall, complemented by a convenient mini bar. The generous owner's suite occupies one entire side of the home for maximum privacy, while the two secondary bedrooms are thoughtfully split on the opposite side. Abundant expansive windows flood the interiors with natural light and provide serene views of the sparkling swimming pool. Outside, a privately fenced and meticulously maintained yard offers ample space for gardening, play, and all your favorite outdoor activities, making this home the perfect retreat for relaxed Florida living.
Palm Coast, Florida, nestled along the northeast Atlantic coast between St. Augustine and Daytona Beach, is a relaxed destination known for its pristine natural beauty, outdoor recreation, and laid-back vibe.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$454,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Apr 7, 2026 | Price Decreased |
$459,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Feb 25, 2026 | Price Decreased |
$469,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017