54 ERIC DRIVE
About This Property
Step into comfort, space, and timeless design with this stunning ICI Ashley floor plan, ideally situated in one of Palm Coast's most sought-after communities-Cypress Knoll. Featuring 3 spacious bedrooms, 2 full bathrooms, a 2-car garage, and soaring high ceilings, this home delivers both elegance and functionality.
Versatile Living Spaces: Enjoy formal living and dining rooms perfect for entertaining, plus a cozy family room ideal for relaxing evenings.
Stylish, Open Kitchen: The bright and airy kitchen includes a breakfast bar and a charming breakfast nook with serene views of your private backyard oasis-ideal for morning coffee or weekend brunch.
Outdoor Living at Its Best: Unwind on your large, covered and screened lanai, perfect for outdoor dining or future poolside fun. The spacious backyard is pool-ready-bring your vision to life!
Luxury Primary Suite: Retreat to a large owner's suite featuring dual vanities, a garden tub, and a separate walk-in shower-your personal spa awaits.
Upgrades Galore:
Brand new roof (2025) for peace of mind
Laminate flooring in main living areas
Tiles in kitchen, hallways, and bathrooms
Brand new carpet in all bedrooms
Freshly painted throughout-truly move-in ready!
Expansive Circular Driveway: Perfect for guests and large gatherings, with room for multiple vehicles.
Unbeatable Location: Just minutes to shopping, dining, and the famous Flagler Beach. Enjoy miles of scenic walking and biking trails nearby.
This home is easy to show and available for quick move-in-relocate before winter arrives up north! Don't miss this rare opportunity to own a well-maintained, spacious home in a premier neighborhood.
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$399,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
| May 11, 2025 | Price Decreased |
$409,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Dec 5, 2024 | Price Decreased |
$414,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
Property Highlights
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About Cypress Knoll
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017