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Ormond Beach 32174
360 Airport ROAD
$962,500
● House - Off Market

360 Airport ROAD

ORMOND BEACH, FL 32174
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,124 Ft²
$6,069
Est. Monthly
1.76%
Cap Rate

About This Property

Located in a prime area of Ormond Beach offering over 10 acres of land. A rare find. Excellent school system. Home located in Flood Zone X. Best flood zone possible. Bring the horses and enjoy country living within the city limits. Home offers 4 bedrooms, 4 baths, with 3 fireplaces. Every room is oversized. Eat-in kitchen, family room, dining room, living room, inside laundry, one full and one 1/2 bath all downstairs. Upstairs you have your owner's suite with bath and private living room with deck. Three other bedrooms with guest bath, and game room that could be 5th bedroom. In ground pool, outbuilding, 2-car garage, Hardie board and brick exterior. Well and septic.
Unit Size
3,124 Ft²
Days on Market
266 days
Land Size
10.01 acres
Price per sqft
$344
Property Type
House
Property Taxes
$790
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #O6164581)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Premium
Sold
Aug 5, 2024 In contract -
In contract
Apr 24, 2024 Relisted $1,075,000
Relisted
Apr 19, 2024 In contract -
In contract
Dec 15, 2023 Listed by PREMIER SOTHEBYS INTL REALTY $1,075,000
Listed by PREMIER SOTHEBYS INTL REALTY
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 63
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 436,036
  • Total Building Area: 3,586
  • Gross Building Area: 3,586
  • Building Area: 3,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,124
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010010
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 53
  • Legal Description 1: 18 14 32 N 339.77 FT OF S 1659.77 FT OF W 1295 FT MEAS ONW/L OF SW 1/4 PER OR 4979 PG 1983 & OR 5311 PG 320

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080101

Geography

  • Assessors Map Reference: E1-0028-18
  • Account Number: 3062469
  • Parcel: 4218-00-00-0101
  • Meridian: SEC 18 TWN 14S RNG 32E
  • Municipality: ORMOND BEACH
  • Latitude: 29.2855
  • Longitude: -81.1151

    Address

  • Full Address: 360 Airport Rd
  • Address - House Number: 360
  • Address - Street Name: Airport
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: R009
  • 4-Digit Zip Code: 2917
  • Zip Code: 32174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $947,763
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 905,323
  • High Value: 1,059,595
  • Low Value: 751,051

    Market Valuation

  • Market Total Value: $609,662
  • Market Land Value: $230,980
  • Market Improvement Value: $378,682

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $609,662
  • Assessed Land Value: $230,980
  • Assessed Improvements Value: $378,682

    Sales

  • Current Sale Contract Date: Apr 30, 2004
  • Current Sale Recording Date: May 05, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004-107331
  • Previous Sale Recording Date: Oct 15, 1978
  • Previous Sale Contract Date: Oct 15, 1978
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ormond Beach

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$217

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1996 ft²

Average Home Age

43.6 years

Currently For Sale

210 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Rachel McGrath
PREMIER SOTHEBYS INTL REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6164581
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 360 Airport Road built and last sold?
The property at 360 Airport Road was built in 1985 and last sold on Apr 30, 2004 for $500,000.
How much is this home worth?
The estimated value of the home located at 360 Airport Road is $0.
What are some comparable homes to 360 Airport Road?
There are currently no comparable homes to 360 Airport Road.
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