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463 RIVER SQUARE LANE
About This Property
The main living spaces flow together beautifully, creating an inviting setting for quiet evenings, holiday gatherings, and everything in between. Tile flooring extends through the living, dining, and kitchen areas, while large windows, recessed lighting, and soft neutral colors keep the home light and airy. The kitchen anchors the open floor plan with dark cabinetry, granite countertops, stainless-steel appliances, and a generous center island with breakfast seating and plenty of workspace.
A split-bedroom design provides welcome separation. The spacious primary suite includes wood-look flooring, a large walk-in closet, and an ensuite bath with an extended granite vanity, dual sinks, and a tiled glass-enclosed walk-in shower. Three additional bedrooms offer flexibility for guests, a home office, hobbies, or fitness space, while the second full bath features a tub-and-shower combination and granite-topped vanity. An interior laundry room adds practical everyday function.
Sliding glass doors open to the screened lanai, extending the living space outdoors for morning coffee, casual dinners, or unwinding at the end of the day. Beyond the lanai, the fenced backyard overlooks a natural tree line with no home immediately behind the property-a peaceful setting with room to enjoy the outdoors.
River Oaks features sidewalk-lined streets, landscaped ponds, a neighborhood park, and a playground. The location places shopping, dining, and daily destinations along Granada Boulevard within easy reach, along with I-95, Central Park, Tomoka State Park, the Halifax River, Ormond Beach's Atlantic shoreline, historic The Casements, and Daytona International Speedway. With its open design, four-bedroom versatility, screened outdoor living, and desirable Ormond Beach location, 463 River Square Lane is ready to welcome you home.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$350,000
↓ $17K
(4.6%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$366,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$376,900
↓ $8K
(2.1%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by GLORY INTL. REAL ESTATE CO | $384,900 | |
| Listed by GLORY INTL. REAL ESTATE CO | |||
| May 11, 2022 | Sold | ||
| Sold | |||
Property Highlights
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About Ormond Beach
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$3,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017