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120 BEACHVIEW DRIVE
About This Property
This beautifully built residence is priced up to the drywall finish, giving you the unique opportunity to select and customize all of your finishes to create a space that perfectly reflects your style and needs."
Welcome to your dream home in the exclusive Beachview Cove community of Ormand! This is the ONLY new single-family home beachfront community in Ormond. Priced under a million and very LOW HOA $130 monthly, this charming community features only 28 homes, ensuring a small and private atmosphere with direct beach access. Step inside this beautifully designed home, constructed to drywall, allowing you to select your colors and finishes at the design center with a professional designer. This tailored approach gives you the chance to truly make the space your own. The spacious primary bedroom is on the first floor, and the home features a private balcony for enjoying morning coffee or evening sunsets. The open-concept living area is ideal for entertaining or relaxing with family and friends. Enjoy the perks of living in a close-knit community with well-maintained shared spaces and the luxury of a secluded beach just steps away. Don't miss this rare opportunity to own a new construction home in Ormand that you can design for you-schedule a showing today! Bring Offers!!!
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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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About Beau Rivage Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017