307 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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by ADAMS, CAMERON & CO., REALTORS | $895,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
| May 28, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | Listed | $849,000 | |
| Listed | |||
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A unique opportunity to own a part of Ormond Beach history. This property truly represents a blend of old world charm and modern amenities. Situated on a large John Anderson Drive estate lot, the home was originally part of a compound owned by Joseph D. Price (one of the builders of the Ormond Hotel). In the 1950's the building (formerly a barn) was moved 150' to its current location and transformed into a home. The immaculate oak floors and mahogany bookshelves remain, creating a warm, inviting living area. Off the living area is a cozy den with fireplace. The main level also has a large bedroom with full bath, plus another 1/2 bath. The second level has (4) additional bedrooms (including the master), all with beautiful heart of pine floors. In 2006, the current owners undertook a large expansion and modernization of the property (adding nearly 2000 LSF), making this the perfect home for a family and those who like to entertain. Spacious kitchen, screened pool, and so much more. The manager has listed the unit size as 4542 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017