44
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43 CAPISTRANO DRIVE
About This Property
Welcome to 43 Capistrano, where your morning commute can be measured in flip-flops. Located just one block from the beach in beautiful Ormond Beach, this charming property is already being used as a short-term rental/Airbnb, giving you the opportunity to step into a property with an established vacation-rental concept-or make it your own personal beach escape. Roof 2016/Hvac 2015/Windows 2018
The location is the real MVP: close enough to the ocean that beach days are practically mandatory, while still offering convenient access to Ormond Beach's restaurants, shops, entertainment and everything that makes the area so desirable.
Whether you're looking for a turnkey investment, a vacation getaway, a second home, or a place that can do a little bit of everything, this one deserves a spot on your shortlist.
One block to the beach. Short-term rental potential. Endless reasons to stay.
Come for the investment opportunity.
Stay because it's the beach.
Buyer to independently verify all rental rules, zoning, licensing requirements, and income/expense information.
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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 LPT REALTY LLC | $499,900 | |
| Listed by LPT REALTY LLC | |||
| May 15, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | No longer available | - | |
| No longer available | |||
| Mar 18, 2023 | Listed by LPT REALTY LLC | $345,900 | |
| Listed by LPT REALTY LLC | |||
| Aug 15, 1988 | Sold | ||
| Sold | |||
Property Highlights
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About Capistrano by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017