5 CIMMARON DRIVE
About This Property
The kitchen has been nicely updated with granite counters, quality cabinetry, and great appliances, and it sits between a cozy breakfast nook and a more formal dining area-easy to keep things casual or host a bigger gathering. Two separate living areas are connected by a double-sided wood-burning fireplace, giving the home a warm, inviting feel you don't often find.
Out back is where this place really shines. A huge screened-in space stretches nearly the length of the home, complete with a 15' x 30' solar-heated pool-plenty of room to lounge, grill, and enjoy the Florida sunshine without feeling crowded.
The owner's suite is tucked away and offers a relaxing space with dual vanities, a soaking tub, a separate shower, and a roomy walk-in closet. The circular driveway out front adds great curb appeal, and the enclosed, gated front porch offers a nice spot to enjoy your morning coffee.
Major updates-roof, gutters, pool equipment, hot water heater, and HVAC-have already been taken care of, so you can move in without a long list of projects.
You're in a fantastic spot here: close to shopping, restaurants, Flagler Beach, Daytona, and St. Augustine. Whether you're looking for a full-time home or a sunny getaway, this one is worth seeing in person.
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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 |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Price Decreased |
$529,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Dec 1, 2025 | Listed by RE/MAX SELECT PROFESSIONALS | $539,000 | |
| Listed by RE/MAX SELECT PROFESSIONALS | |||
| Mar 11, 2025 | Price Decreased |
$550,000
↓ $18K
(3.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017