2587 John Anderson DRIVE
About This Property
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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 |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | No longer available | - | |
| No longer available | |||
| Apr 22, 2023 | Price Decreased |
$748,500
↓ $47K
(5.9%) | |
| Price Decreased | |||
| Mar 28, 2023 | Listed by CENTURY 21 Sundance Realty | $795,000 | |
| Listed by CENTURY 21 Sundance Realty | |||
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BUYER'S LOSS IS YOUR GAIN! If you've been eyeing this wonderful Ormond by the Sea home, Lucky for you, it's Back on the Market! Situated on John Anderson Dr in Ormond Beach, this Property is perfect for Multigeneration Living. Main Home is 3100 sq ft & features split floorplan with 4 BR 3 BA, NEW ROOF 2021 and NEW AC (2) 2021. Solar Heated Pool w/ Screen enclosure and a 440 sq ft Bonus Room that includes Built Ins w/ Murphy Bed. A Sitting Room adjoins the Owner's Bedroom with Access to Pool area. Attached 2 Car Garage and indoor Laundry. Enjoy the Sunsets and River Views from the upstairs deck. The detached In-Law Cottage located behind Main Home is 700 sq ft and offers 1 BR, 1 BA, large kitchen and living space. There's also a 1 car garage & screened patio. Fenced Back yard and 2 Utility The manager has listed the unit size as 3848 square feet.
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| Oct 14, 2022 | Listed by CENTURY 21 SUNDANCE REALTY | $748,500 | |
| Listed by CENTURY 21 SUNDANCE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017