52
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20 PUTNAM AVENUE
About This Property
Situated on over half an acre, the property offers plenty of room for outdoor living, entertaining, or future additions. Bring your boat, RV, or other toys with ease--there are no HOA restrictions limiting your lifestyle. The large lot creates a sense of privacy while still being conveniently located.
Located just minutes from shopping, dining, and a short drive to the beach, this property combines everyday convenience with the freedom of a larger homesite.
If you're looking for space, flexibility, and long-term potential in Ormond Beach, this is a rare opportunity you won't want to miss. Schedule your private showing today.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2026 | Price Decreased |
$494,999
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$499,999
↓ $5K
(1%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Decreased |
$505,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 14, 2026 | Price Decreased |
$515,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Apr 3, 2026 | Listed by RE/MAX SIGNATURE | $520,000 | |
| Listed by RE/MAX SIGNATURE | |||
Property Highlights
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About Ormond Terrace
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,999 /mo
- 4 Beds
- 4 Baths
- 2,322 ft²
$1,800 /mo
- 2 Beds
- 2 Baths
- 1,300 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017