425 Sand Creek LANE
About This Property
Step outside into your own private oasis on .75 acres, featuring a screened-in pool and plenty of space for outdoor activities and gardening. The expansive backyard is ideal for entertaining or simply relaxing in the Florida sunshine.
Inside, the home features a beautifully updated kitchen (2020) with all new Stainless Steel appliances (2023), and a new HVAC System (July 2024) A bonus office room and separate dining area provide additional versatility and space for work or gatherings. Relax by the wood burning fire place on the chilly nights in the spacious living room. On the outside of the home take ease in knowing that the siding is Hardiboard and will outlast traditional wood / vinyl siding.
Recent upgrades include a new roof (2017) and hot water heater (2017), ensuring peace of mind and modern convenience. Enjoy the community pool, park, and tennis courts!
Don't miss out on this rare opportunity to own a piece of paradise in Ormond Beach. Free one year Home Warranty included! Schedule your showing today and make this extraordinary property your new home!
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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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Price Decreased |
$545,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jul 11, 2024 | Price Decreased |
$560,000
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Jul 8, 2024 | Relisted | $575,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017