45 WINCHESTER ROAD
About This Property
A lovely floating staircase leads to the second floor where you will find 3 bedrooms, 2 baths, a dedicated laundry room and a half wall landing den that could serve as a home office or gym. The primary suite leaves nothing to be desired, featuring a spectacular bath with double raised wash basins, a beautiful clawfoot tub and a tremendous shower with exquisite tile work. His closet is a gracious walk-in with custom built-ins while she enjoys a fabulous 9x15 wardrobe with a sophisticated closet system, incredible storage and custom make-up prep station. The two additional bedrooms share a lovely common bath. An arched, covered breezeway leads from the main home to the oversized detached bonus room, which could become full guest quarters, a corporate home office or the ultimate children's (or adult) playroom. This tremendous, separate structure measures 25x23 and served the original owners as a library; however, the options for the next owner are plentiful. Originally constructed for the developer/contractor as his personal home to high standards and that integrity is evident as you walk through the home today. While almost all of the neighboring properties in this coveted, gated equestrian community are 5 acres, the developer took the opportunity to carve out 7.97 acres at the end of peaceful Winchester Road ensuring complete privacy. He also secured the iconic address of "45 Winchester" for his to scale rendition of one of our nation's most treasured homes. Eagle Rock Estates is truly a one-of-a-kind gated community with a clubhouse, pool and equestrian rink. Locals love its close proximity to the heart of Ormond Beach and the predictable peace and quiet that comes with a community where just 65 neighboring homesites enjoy a minimum of 5 acres. This property has been priced to sell and while the photos and virtual tour tell the story, it must be visited in person to fully appreciate the value offered here.
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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 24, 2026 | Listed by ADAMS, CAMERON & CO., REALTORS | $899,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
| Apr 20, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017