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1287 JOHN ANDERSON DRIVE
About This Property
The lot appears high and dry and provides an exceptional opportunity to create a custom coastal retreat. Enjoy the best of the Florida lifestyle with the Halifax River and the beach both just a short distance away. Spend your days boating, fishing, paddleboarding, kayaking, beachcombing, or simply soaking up the sun. Explore nearby waterfront parks, local restaurants, shopping, golf courses, and the many events that make the Daytona Beach area such a popular destination year-round.
Whether you are looking to build a primary residence, second home, or future investment property, this location offers the perfect blend of coastal living, outdoor recreation, and convenience. Come experience the laid-back river-and-beach lifestyle that makes John Anderson Drive one of the area's most desirable corridors.
Buyer to verify all building requirements, impact fee credits, septic information, and future development potential with the appropriate authorities.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017