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Volusia 32174 Plantation Pines
257 Hemlock DRIVE
$100,000
● Land - Off Market

257 Hemlock DRIVE

ORMOND BEACH, FL 32174
bedrooms
Studio
bathrooms
0 Bath
$638
Est. Monthly
11.76%
Cap Rate

About This Property

Country living minutes from the city. With 3.47 acres there is plenty of room to stretch your legs, bring the dogs, bring the toys, and build your dream home. Great value and location.
Unit Size
-
Days on Market
97 days
Land Size
3.47 acres
Price per sqft
-
Property Type
Land
Property Taxes
$73
HOA Dues
-
Year Built
-

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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 #V4936003)

Price History

Date / Event Date Event Price
Aug 7, 2024 Sold
Premium
Sold
Jul 31, 2024 In contract -
In contract
Jul 9, 2024 Price Decreased $115,000
↓ $15K (11.5%)
Price Decreased
May 29, 2024 Relisted $130,000
Relisted
May 22, 2024 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 151,153
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PLANTATION PINES UNREC SUB
  • Land Acres: 0000003470
  • Standard Land Use Code: 8001
  • County Land Use Code: 0016
  • State Land Use Code: 00
  • Legal Description 1: PARCEL IN SECTION 6 15 31 BEING 545.27 FT ON N/L & 230 FT ON W/L AKA LOT 241 PLANTATION PINES UNREC SUB NO 246 PER OR 5281 PG 2858 PER OR 5446 PG 4829 PER OR 5804 PG 1080 PER OR 8073 PG 4957

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 083206

Zoning

  • Zoning: RR

Geography

  • Account Number: 2081856
  • Section: 6
  • Subdivision Tract Number: 01
  • Parcel: 4035-01-00-2410
  • Lot: 241
  • Meridian: SEC 35 TWN 14S RNG 30E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.2276
  • Longitude: -81.2353

    Address

  • Full Address: 257 Hemlock Dr
  • Address - House Number: 257
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R014
  • 4-Digit Zip Code: 8642
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $87,295
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $48,927
  • Market Land Value: $48,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,927
  • Assessed Land Value: $48,927

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 151697
  • Previous Sale Recording Date: Apr 10, 2006
  • Previous Sale Contract Date: Mar 30, 2006
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71
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 Plantation Pines

Stats & Trends

Median Asking:

$857,500

Sale Price/ft²

$295

Above Asking

0.00%

Average Days on Market

88

Average Home Size

1286 ft²

Average Home Age

36.3 years

Currently For Sale

3 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

Unit for rent at 375 Pine Woods Road, ORMOND BEACH, FL, 32174

$2,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,632 ft²
375 Pine Woods Road, ORMOND BEACH, FL, 32174 Listing by Ray Sobhani

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Brannon Owens
KELLER WILLIAMS RLTY FL. PARTN
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# V4936003
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 257 Hemlock Drive built and last sold?
The property at 257 Hemlock Drive was built in and last sold on Jun 24, 2021 for $55,000.
How much is this home worth?
The estimated value of the home located at 257 Hemlock Drive is $0.
What are some comparable homes to 257 Hemlock Drive?
There are currently no comparable homes to 257 Hemlock Drive.
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