$362,500
●
House -
Off Market
15 Hibiscus DRIVE
ORMOND BEACH, FL 32176
2 Beds
2 Baths
910 Ft²
$367,828
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Under contract-accepting backup offers. Ormond By The Sea Beach
House! This home features 2 Bedrooms, 2 Baths and a 1 Car Garage.
Just steps to the Beach and River! The back yard is very large and
private and completely fenced. The home was nicely remodeled in
2017 with Granite Counters, Upgraded Cabinetry, Laminate flooring,
SS Appliances, Crown Molding, 4'' baseboards, and 6 panel doors.
Roof/Gutters 2017, HVAC 2017 with Nest Thermostat, Energy Smart
Water Heater 2017, Septic and drain field 2017, Windows 2017.
Laundry area is inside and washer/dryer stay. A short walking
distance to the Beach Access. Great Location! Close to shopping,
grocery stores and restaurants. This home is ready for you! Easy to
see Call Today
Unit Size
910 Ft²
Days on Market
60 days
Land Size
0.15 acres
Price per sqft
$406
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1953
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Stellar MLS #O6121724)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | Listed by LOKATION | $369,900 | |
| Listed by LOKATION | |||
| Sep 27, 2022 | No longer available | - | |
| No longer available | |||
| Sep 12, 2022 | Price Decreased |
$389,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Aug 23, 2022 | Listed by FlatFee.com | $394,500 | |
| Listed by FlatFee.com | |||
| | |||
|
REMODELED BEACH BUNGALOW! 2017 updates: Roof, AC & air handler, stucco and paint, (storm rated) windows and doors, gutters & facia AND septic tank/drainfield. Kitchen offers SS appliances, granite counter tops, white cabinetry, tile backsplash, a deep split sink and kitchen island on rollers (which conveys.) Matching laminate flooring and 4'' baseboards throughout (updated tile in baths) and crown moulding in main living area Bathrooms feature newer sinks, toilets, shower tile (in main), shower inset (in second.) Both with new floor tile! Updated 6 panel white doors throughout. Indoor laundry (washer & dryer convey.) Rear privacy fence with entry gates on both sides. Extra wide driveway and rear cement patio. Property also features 5 mature palm trees. Flood zon The manager has listed the unit size as 910 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ormond by The Sea
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Listed by: Donna Lang
LOKATION
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6121724
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
LOKATION
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6121724
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