35 CHINA MOON DRIVE
About This Property
Additional upgrades include luxury vinyl plank flooring throughout, all-new light fixtures and ceiling fans, fresh interior and exterior paint, and updated door hardware. Major system updates include a 2018 roof, 2022 HVAC system with UV light, 2021 electrical panel, and a freshly landscaped yard with a concrete patio and sprinkler upgrades.
Located in a quiet, established neighborhood just minutes from top-rated schools, parks, shopping, and the beach this home truly checks every box.
Professionally remodeled, move-in ready, and full of charm come live the Ormond Beach lifestyle today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017