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3 OVERBROOK COURT
About This Property
Thoughtfully updated, this home features two new hurricane-impact front windows, a fully renovated primary suite, and beautifully remodeled bathrooms. Major system upgrades provide added peace of mind, including a new HVAC system and hot water heater. The kitchen is equipped with new appliances, making this home truly move-in ready.
Inside, you'll find a spacious eat-in kitchen and a bright Florida room featuring tile flooring and elegant French doors, creating the perfect space to relax or entertain. Enjoy the best of the Florida lifestyle with easy access to shopping, parks, highly rated schools, and the area's beautiful beaches.
Conveniently located near the river, the coast, and all that central Ormond Beach has to offer, this well-positioned home combines modern updates with timeless charm and is ready for its next owner to enjoy.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017