1457 N US Hwy 1 #C17C18
About This Property
The manager has listed the unit size as 2600 square feet.
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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 |
|---|---|---|---|
| Nov 1, 2020 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Listed | $225,000 | |
| Listed | |||
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Ideal location in the fast growing Ormond Crossings on the US 1 corridor. Ormond Crossings is the product of a partnership between the City of Ormond Beach, Volusia County, and Tomoka Holdings that envision an innovative live/work planned community, featuring a state-of-the-art business park, lifestyle town center, and a variety of residential neighborhoods. This Property consists of 2 nicely built out units with lobby, large reception area, private office, storage room, several work stations, kitchenette, and 3 restroom. Property is an End Cap unit with lake views in the Garden Business Center. Although currently covered over, there is a grade level roll-up door on the end-unit that could easily be accessed at new owners discretion.
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| Dec 23, 2019 | No longer available | - | |
| No longer available | |||
| Sep 14, 2019 | Price Decreased |
$239,000
↓ $21K
(8.1%) | |
| Price Decreased | |||
| Jul 5, 2019 | Listed | $260,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2024
|
Loft
|
-
|
-
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$235,000
Loft
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|
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-
|
Carl Lentz
SVN Alliance Commercial Real Estate Advisors
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04/07/2020
|
Loft
|
-
|
-
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$225,000
Loft
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|
-
-
|
-
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|
03/07/2020
|
Loft
|
-
|
-
|
$179,000
Loft
-
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-
-
|
-
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07/05/2019
|
Studio
|
-
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2600 ft²
|
$260,000
Studio
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2600 ft²
|
-
-
|
-
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|
09/03/2018
|
Studio
|
-
|
-
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-
Studio
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-
-
|
-
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Building Info
About National Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017