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38 MCALISTER DRIVE
About This Property
Located about only a minute walk to the Halifax River, .5 miles to the Ormond Neighborhood Center (which includes a gym, basketball/pickleball/baseball courts, splash pad, etc. for residents), 1 mile to the library (which hosts a weekly farmer's market), Town Hall, Granada Bridge, about 1.5 Miles to the John D. Rockefeller Casements, 2 miles to the beach, and approximately 5 miles to Tomoka State Park, this beautiful home would put you in the heart of everything that makes this adorable town such a treasure! Tucked in its own unique corner lot, this charming home has been freshly updated and lovingly cared for. When you step inside, you will see what makes this home so special from the light-filled kitchen to the picturesque bathroom to the endearing fireplace. Whether you are searching for a primary residence, seasonal getaway, or investment opportunity, this property is ready for its next chapter. Come and experience what may be your new sanctuary!
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by FATHOM REALTY FL LLC | $319,000 | |
| Listed by FATHOM REALTY FL LLC | |||
| Jul 12, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | No longer available | - | |
| No longer available | |||
| Jun 3, 2022 | Listed by FATHOM REALTY FL LLC | $319,500 | |
| Listed by FATHOM REALTY FL LLC | |||
| Dec 2, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017