31 ABACUS AVENUE
About This Property
Elementary School (14:1 student–teacher ratio), this 2,672 sq ft custom home in the Deer
Creek section blends elegance, functionality, and privacy in one of Ormond Beach's most
desirable communities. Soaring ceilings & a dramatic chandelier welcome you into a spacious
layout featuring a versatile Dining/bonus room & a flex guest bdrm/den/office with French doors.
The open-concept living, dining, and chef's kitchen-with granite counters, large island,
stainless appliances, and custom backsplash-flow seamlessly together. The family room is
anchored by a striking stone entertainment wall. The split-bedroom design includes 3 BRs & 2
BAs. The primary suite offers a walk-in closet, double quartz vanities, spa tub, and glass
shower. An interior laundry and abundant storage add convenience. Step outside to your private
oasis with covered porch, custom pavers, tranquil Koi pond, and peaceful conservation
views-no rear neighbors. Hunters Ridge amenities include a clubhouse, two pools, tennis and
basketball courts, ballfields, parks, a fishing pier, and canoe launch. Just 3 miles from I-95 and
minutes to shopping, dining, and Tanger Outlets.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Price Decreased |
$409,900
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Dec 4, 2025 | Price Decreased |
$417,500
↓ $7K
(1.7%) | |
| Price Decreased | |||
| Nov 19, 2025 | Price Decreased |
$424,900
↓ $8K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017