20 WARWICK AVENUE
About This Property
Located between US1 and the River, just a short walk or bike ride to the vibrant downtown area of Ormond Beach. This beautifully updated 3-bedroom, 2-bath home offers the perfect blend of comfort and convenience. Situated in a highly desirable area with no HOA, this home boasts a Brand-new roof and Brand new hurricane-impact windows, providing peace of mind for years to come.
Step inside to discover a modern kitchen with a stunning island, ample cabinet space, and brand-new appliances. The luxury laminate flooring, fresh interior and exterior paint, and updated fixtures give the home a bright, welcoming feel. The beautiful bathrooms have been thoughtfully designed to provide a touch of luxury, while the inside laundry adds convenience to your daily routine.
Set on a oversized lot, there's plenty of room for expansion or for a pool plus room RV or boat parking, and more! Enjoy scenic walks or bike rides along the river, or take a short drive to Ormond Beach pristine beaches, as well as some of the area's best restaurants, shops, and entertainment options.
This home is ready for its new owner-don't miss the opportunity to make it yours! While all information is believed to be accurate, measurements should be verified by potential buyers. The property is being sold "As-Is." Buyers should check city zoning for rental restrictions and do their own due diligence regarding systems and utilities.
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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 |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Relisted | $399,000 | |
| Relisted | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$399,000
↓ $21K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017