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Ormond Beach 32174
228 Sunset Point DRIVE
$395,000
● House - Off Market

228 Sunset Point DRIVE

ORMOND BEACH, FL 32174
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,101 Ft²
$400,670
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This is the open concept floor plan everyone is looking for. You're not going to want to miss this newly built, DR Horton, Cairn model that features 4 bedrooms, 2 bathrooms, with over 2,000 sq. ft. of living space. Why wait for a new build when you can move right in. This home has it ALL. Tons of storage, natural light, and plenty of room for entertaining. This beautiful home has had many upgrades since the owners purchased in 2021 including a full privacy fence, upgraded tiled master shower, and Saint Augustine grass in the yard. Close to restaurants, shopping, and easy access to 95. Set up your showing today! All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
Unit Size
2,101 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$190
Property Type
House
Property Taxes
$303
HOA Dues
$75
Year Built
2021

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Cap Rate Calculator

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Cap Rate 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 #V4929030)

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold
Premium
Sold
Mar 6, 2023 Listed by GERI WESTFALL REAL ESTATE $399,999
Listed by GERI WESTFALL REAL ESTATE
Aug 25, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,726
  • Total Building Area: 2,542
  • Gross Building Area: 2,542
  • Building Area: 2,101
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,101
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINELAND PRD SUB
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 24 & 13-14-31 LOT 51 PINELAND PRD SUB PHASES 2 & 3 MB 60 PGS 118-123 INC PER OR 7985 PG 1972 PER OR 8107 PG 4217 PER OR 8415 PG 2702

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080101

Geography

  • Account Number: 8006667
  • Parcel: 4113-24-00-0510
  • Lot: 51
  • Meridian: SEC 13 TWN 14S RNG 31E
  • Municipality: ORMOND BEACH
  • Latitude: 29.2856
  • Longitude: -81.1237

    Address

  • Full Address: 228 Sunset Point Dr
  • Address - House Number: 228
  • Address - Street Name: Sunset Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R020
  • 4-Digit Zip Code: 8745
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390,291
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 450,175
  • High Value: 535,796
  • Low Value: 364,554

    Market Valuation

  • Market Total Value: $355,038
  • Market Land Value: $50,000
  • Market Improvement Value: $305,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,736

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 114162
  • Previous Sale Recording Date: Aug 25, 2021
  • Previous Sale Contract Date: Aug 23, 2021
  • Previous Sale Amount: $289,275
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ormond Beach

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$217

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1996 ft²

Average Home Age

43.6 years

Currently For Sale

210 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Jessica Jackson
GERI WESTFALL REAL ESTATE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# V4929030
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.

Frequently Asked Questions

When was property at 228 Sunset Point Drive built and last sold?
The property at 228 Sunset Point Drive was built in 2021 and last sold on Jun 1, 2023 for $395,000.
How much is this home worth?
The estimated value of the home located at 228 Sunset Point Drive is $0.
What are some comparable homes to 228 Sunset Point Drive?
There are currently no comparable homes to 228 Sunset Point Drive.
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