118 Aleatha DRIVE
About This Property
Located just a 10-minute drive from the world-famous Daytona Beach. Additionally, the property is a 10-minute drive from the iconic Daytona International Speedway. Close to shopping centers and a variety of restaurants, recreational activities, shopping, and top-notch dining options.
Inside, the property features spacious bedrooms and open living areas, and additional flex room that can be used as an office or bonus room, perfect for family gatherings and creating unforgettable memories. Security shutters for hurricane protection. Backyard to enjoy time with friends. Don't miss the opportunity to make this property your new home and enjoy all that Daytona Beach has for you.
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$375,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Oct 30, 2024 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Oct 3, 2024 | Price Decreased |
$395,000
↓ $4K
(1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017