1304 PAR AVENUE
About This Property
This 2-bedroom, 1-bath home is full of character and ideally located near some of Ormond Beach's best attractions! The updated kitchen boasts stunning quartz countertops, a stylish backsplash, and a gas stove, perfect for cooking enthusiasts. Tile flooring runs throughout, making maintenance a breeze. Enjoy year-round relaxation in the 3-season room, or step outside to the fenced-in yard, offering plenty of space for outdoor gatherings. There's ample room to store your toys, and a secure area where your pets can play freely.
Located just 15 minutes from the beach and Intracoastal Waterway, you'll have easy access to fishing, kayaking, and boating. Explore scenic trails, parks, and the nearby golf course less than a mile away. Downtown Ormond Beach is just minutes away, offering charming boutiques, fantastic dining, and a vibrant local scene.
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Price Decreased |
$229,000
↓ $11K
(4.6%) | |
| Price Decreased | |||
| Mar 13, 2025 | Listed by TAKE ACTION PROPERTIES, LLC | $239,994 | |
| Listed by TAKE ACTION PROPERTIES, LLC | |||
| Apr 4, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017