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3 LEEDS PLACE
About This Property
This 3-bedroom, 2-bath residence offers 1,622 square feet of living space and 2,501 total square feet under roof, including a fully air-conditioned garage with its own mini-split system. Inside, you'll find no carpet-only durable luxury vinyl plank and tile flooring throughout. The upgraded kitchen features solid wood cabinetry with pull-outs, solid surface countertops, a built-in cooktop, brand-new convection unit, wall oven/microwave combo, Bosch dishwasher, and a French door refrigerator with updated controls. A whole-house water softener and included washer and dryer add everyday convenience.
The advanced HVAC system includes an Aprilaire fresh air unit with medical-grade filtration, enhancing indoor air quality. Step outside to enjoy the freshly painted lanai and pool deck, overlooking a well-maintained in-ground pool (chlorine, easily convertible to salt). The secondary bathroom offers a large walk-in shower with direct pool access-ideal for Florida living.
Situated on approximately half an acre at the end of a quiet cul-de-sac, this property offers privacy and flexibility rarely found in Palm Coast. The adjacent vacant lot can serve as a natural buffer, be incorporated into the property, or even split and sold or developed for additional income potential. Surrounded by the former Matanzas Golf Course, the home enjoys serene green views and added seclusion. Additional features include perimeter gutters with guards, French drains for optimal drainage, and a smart Ring doorbell system.
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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 |
|---|---|---|---|
| Oct 21, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Relisted | $490,000 | |
| Relisted | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by TAKE ACTION PROPERTIES, LLC | $490,000 | |
| Listed by TAKE ACTION PROPERTIES, LLC | |||
| Nov 17, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017