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3 BROOKS DRIVE
About This Property
Located in FEMA Flood Zone X, the property is outside the 1% and 0.2% annual-chance floodplains, where flood insurance is generally not required by lenders. Enjoy convenient access to the Atlantic Ocean, public beach access, Ocean Shore Boulevard (A1A), Granada Boulevard, State Road 40, US Highway 1, and Interstate 95.
Nearby destinations include the Halifax River, Tomoka State Park, The Casements, Daytona Beach, Daytona Beach International Airport, Halifax Health Medical Center, AdventHealth Daytona Beach, Embry-Riddle Aeronautical University, Daytona International Speedway, shopping, dining, golf courses, parks, and everyday conveniences.
Currently assigned to Beachside Elementary School, Ormond Beach Middle School, and Seabreeze High School. Take advantage of this opportunity to build in an established coastal community close to everything Ormond Beach and Daytona Beach have to offer.
Qualified buyers may purchase this property with as little as 20% down.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$150,000
↓ $5K
(3.2%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$155,000
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$160,000
↓ $5K
(3%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$165,000
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$170,000
↓ $5K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017