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36 OLD MACON DRIVE
About This Property
Inside, you'll find soaring ceilings, abundant natural light, updated flooring and paint, and a layout that feels both open and comfortable. The kitchen stands out with custom WiFi-enabled Samsung Bespoke appliances, including a customizable refrigerator with interchangeable color panels that can easily be swapped to different finishes - including stainless steel - depending on your style. Modern finishes and everyday functionality make the space feel both elevated and practical.
The spacious primary suite features a large walk-in closet and dual vanities, while the bonus flex space is perfect for a home office, reading room, or workout area.
Some of the biggest updates are already done for you, including a 2022 roof, newer hot water heater, Nest thermostat, and upgraded appliances. Outside, enjoy mature landscaping and peaceful evenings on the porch in one of Ormond Beach's most convenient locations - just minutes from Central Park, the Ormond Environmental Discovery Center, shopping, dining, and major roadways.
Reflections Village is designed for easy living, with the HOA covering lawn mowing, seasonal landscaping, irrigation, road and pond maintenance, security gate upkeep, and storm cleanup throughout the community.
This is the type of home that feels easy to live in the moment you walk through the door.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017