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253 SELDEN AVENUE
About This Property
Inside, low-maintenance vinyl flooring creates a clean, cohesive look across the living areas. The kitchen offers generous cabinet space and opens to the main living area, providing a functional layout for everyday living and entertaining. Both bedrooms are comfortably sized, while two full bathrooms provide convenience for residents and guests.
Enjoy Florida living from the covered front porch or relax on the screened back porch, which extends the living space outdoors. Conveniently located near shopping, dining, local amenities, and the beach, this thoughtfully updated home offers comfort, convenience, and an outstanding Ormond Beach location.
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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 |
|---|---|---|---|
| Aug 5, 2026 | Price Decreased |
$190,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by FLORIDA PRESTIGIOUS HOMES INC | $200,000 | |
| Listed by FLORIDA PRESTIGIOUS HOMES INC | |||
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 13, 2024 | Relisted | $84,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017