285 CLYDE MORRIS Boulevard #200
About This Property
The manager has listed the unit size as 14958 square feet.
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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%.
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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 |
|---|---|---|---|
| Sep 25, 2021 | No longer available | - | |
| No longer available | |||
| Dec 5, 2020 | Listed | $17 | |
| Listed | |||
| | |||
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Root Executive Park - one of Ormond Beach's most prestigious addresses! This elegant one-level building features a tranquil setting. 2,096 SF Professional Office for Lease. Abundant parking. Parking ratio 6 per 1,000 SF. Monument and Building Signage Available. Emergency Generator on-site. Located at the Northeast corner of Clyde Morris Blvd. and Hand Ave. in Ormond Beach. Approximately 2.3 miles to I-95 and Granada Blvd. Interchange. Less than 2 Miles to AdventHealth Daytona Beach. Approximately 6.3 miles to Daytona Beach Int'l Airport and 5.8 miles to Halifax Health Medical Center. Centrally located just 50 miles to St. Augustine, 86 miles to Jacksonville, and 60 miles to Orlando. Estimated CAM, Real Estate Taxes, and Insurance are $4.83/SF. The manager has listed the unit size as 14985 square feet.
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| Sep 22, 2019 | No longer available | - | |
| No longer available | |||
| Sep 3, 2018 | Listed | $16 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/05/2020
|
Loft
|
-
|
14985 ft²
|
$17
Loft
-
14985 ft²
|
-
-
|
Diane Larsen
Tri-Square Realty, Inc.
| |
|
09/09/2020
|
Loft
|
-
|
14985 ft²
|
$17
Loft
-
14985 ft²
|
-
-
|
Diane Larsen
Tri-Square Realty, Inc.
| |
|
09/03/2018
|
Studio
|
-
|
14958 ft²
|
-
Studio
-
14958 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017