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121 LAURIE DRIVE
About This Property
Location highlights you'll love:
• Only about 350 steps to the beach
• At the end of Laurie Drive sits a small public park with showers, restrooms, and steps that take you right down to the sand
• Quiet residential street with that classic, low-key Ormond-by-the-Sea feel - the kind of place that still feels like Florida used to
This is the same property long known and loved on Vrbo as the Little Mermaid House. It has a proven track record as a popular pet-friendly monthly vacation rental.
Key features:
• Fully fenced yard - ideal for pets and privacy
• Solid surface floors throughout (easy to maintain with beach living)
• Private patio with hot tub
• Driveway, carport, plus an additional parking pad by the street
• Fully equipped kitchen and comfortable living space
• Two bedrooms, each with a queen bed
• All furnishings negotiable
Whether you're looking for a personal getaway, a second home, or a strong income-producing monthly vacation rental, the Little Mermaid House delivers location, charm, and practical lifestyle features in one package.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$349,000
↓ $20K
(5.4%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$369,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by PHYLLIS KENT REAL ESTATE LLC | $379,000 | |
| Listed by PHYLLIS KENT REAL ESTATE LLC | |||
| Apr 21, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2003 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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About Roberta Heights
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$9,999 /mo
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- 2,322 ft²
$2,800 /mo
- 2 Beds
- 2 Baths
- 1,020 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017