32 MANDERLEY Lane
About This Property
The generous lot size offers abundant space to design the outdoor lifestyle of your dreams-whether that includes a resort-style pool, lush gardens, or an entertainer's paradise. With ample room for expansion and customization, this property is ideal for those seeking both comfort and long-term value. Offering peace, privacy, and endless potential in a prime location, this is a rare opportunity to create a truly stunning residence in one of Ormond Beach's most desirable settings.
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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 |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Jan 12, 2026 | Price Decreased |
$549,900
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Jan 1, 2026 | Listed by PONTE VEDRA CLUB REALTY, INC. | $599,900 | |
| Listed by PONTE VEDRA CLUB REALTY, INC. | |||
| Aug 21, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017