41214 POSEY DRIVE
About This Property
Designed for easy living, the industrial-style concrete floors add character and durability, while the home stays cool and efficient with two ductless mini-split air conditioners and a tankless water heater. The back patio is the perfect spot to enjoy your morning coffee, unwind in nature, or watch the local wildlife, including deer drawn to the pond.
The property also includes a large outbuilding, ideal for storage or a workshop, plus an additional shed for extra space. Enjoy the best of country living while staying conveniently close to modern amenities-just 15 minutes from DeLand's vibrant artisan market, 45 minutes from Daytona Beach, and quick access to SR 46A leading to the 429.
With plenty of room to spread out, start a garden, or simply enjoy the peaceful surroundings, this home is move-in ready and waiting for its next owner!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | Price Increased |
$180,000
↑ $5K
(2.9%) | |
| Price Increased | |||
| Mar 27, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | Listed by CITARELLI REALTY GROUP LLC | $175,000 | |
| Listed by CITARELLI REALTY GROUP LLC | |||
| Feb 5, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017