1364 BEACON DRIVE
About This Property
Welcome home to this well-maintained 3-bedroom, 2-bath ranch-style gem offering 1,172 sq ft of bright, open living space plus a massive 300 sq ft air-conditioned bonus room - perfect for a home office, playroom, gym, or potential 4th bedroom! Double pane windows improve energy efficiency and NO flooding issues at this high and dry residence.
Step inside to find a spacious and functional layout featuring a large living room, well-appointed kitchen with adjacent dining area, convenient interior laundry room, and a 1-car garage that is fully under central A/C - ideal for a workshop or extra cooled storage.
Recent major updates give you peace of mind for years to come: New HVAC – 2021, New Roof – 2018, New Water Heater – 2019
Outdoor living is a breeze with a fully fenced backyard, an 8x10 metal storage shed, and a huge, covered storage/work area with a 12x24 concrete slab - plenty of room for boats, toys, or projects. Added security comes standard with the included surveillance camera system.
Best of all, this home qualifies for a **low 4.75 pct FHA assumable mortgage** - a rare opportunity to lock in today's equity with yesterday's incredible rate (subject to lender approval).
Centrally located just minutes from shopping, dining, Embry-Riddle, Daytona State College, and world-famous beaches. No HOA restrictions and plenty of parking make this the perfect primary residence, second home, or investment property.
Priced to sell and ready for immediate occupancy - this one truly checks every box! Schedule your private tour today before it's gone.
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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 Volusia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017