43 MCALISTER DRIVE
About This Property
This custom-designed, upgraded home sits on a prime corner lot just one block from the Halifax River, offering breathtaking views inside and out. With a spacious open floor plan, newer flooring, and oversized bedrooms, this solid block home is as functional as it is beautiful. The huge Florida room provides extra living space, while the modern kitchen boasts plenty of counter space and cabinetry. The brand new hurricane windows bring in abundant natural light, creating a bright and airy feel throughout.
Outside, the meticulously landscaped yard features mature trees, vibrant flowers, and a privacy-fenced backyard-perfect for relaxing or entertaining. Enjoy the convenience of an outdoor shower and the freedom of no HOA! Take a scenic walk or bike ride along the river, or hop in the car for a short drive to Ormond Beach's best restaurants, shops, and entertainment. Don't miss out-schedule your showing today!
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by KELLER WILLIAMS RLTY FL. PARTN | $310,000 | |
| Listed by KELLER WILLIAMS RLTY FL. PARTN | |||
| Jan 16, 2024 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017