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Ormond-by-the-Sea 32176 Ocean Shores
6 River Shore DRIVE
$325,000
● House - Off Market

6 River Shore DRIVE

ORMOND BEACH, FL 32176
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,032 Ft²
$1,782
Est. Monthly
7.37%
Cap Rate

About This Property

PRIDE OF HOMEOWNERSHIP SHINES THROUGH ON THIS WELL MAINTAINED, SOLID BUILT HOME SO CLOSE TO THE BEACH.
Unit Size
1,032 Ft²
Days on Market
119 days
Land Size
0.13 acres
Price per sqft
$329
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #FC296985)

Price History

Date / Event Date Event Price
Apr 30, 2024 Sold
Premium
Sold
Mar 4, 2024 In contract -
In contract
Feb 20, 2024 Price Decreased $339,900
↓ $20K (5.6%)
Price Decreased
Jan 2, 2024 Listed by RE/MAX SIGNATURE $359,900
Listed by RE/MAX SIGNATURE
Aug 15, 1989 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 17
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,643
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 570
  • Total Building Area: 945
  • Gross Building Area: 945
  • Building Area: 945
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 945
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCEAN SHORES MB
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 72 OCEAN SHORES MB 23 PG 24 PER OR 3342 PG 0075 PER D/C

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 080300

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: E1-0027-34
  • Account Number: 2981598
  • Subdivision Tract Number: 04
  • Parcel: 3234-04-00-0720
  • Lot: 72
  • Meridian: SEC 34 TWN 13S RNG 32E
  • Municipality: UNINCORPORATED - NORTHEAST
  • Latitude: 29.3309
  • Longitude: -81.0602

    Address

  • Full Address: 6 River Shore Dr
  • Address - House Number: 6
  • Address - Street Name: River Shore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ormond Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3547
  • Zip Code: 32176

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $134,486
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 332,544
  • High Value: 395,526
  • Low Value: 269,562

    Market Valuation

  • Market Total Value: $210,698
  • Market Land Value: $96,045
  • Market Improvement Value: $114,653

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,624

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 1989
  • Current Sale Recording Date: Aug 15, 1989
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean Shores

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$314

Above Asking

0.00%

Average Days on Market

39

Average Home Size

969 ft²

Average Home Age

70 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 37 Berkley Road, Ormond Beach, FL, 32176

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,237 ft²
37 Berkley Road, Ormond Beach, FL, 32176 Listing by Michelle Ortelli
Unit for rent at 54 River Shore, ORMOND BEACH, FL, 32176

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
54 River Shore, ORMOND BEACH, FL, 32176 Listing by Richard Zimmer

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Mary Smith
RE/MAX SIGNATURE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# FC296985
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 6 River Shore Drive built and last sold?
The property at 6 River Shore Drive was built in 1956 and last sold on Aug 15, 1989 for $100.
How much is this home worth?
The estimated value of the home located at 6 River Shore Drive is $0.
What are some comparable homes to 6 River Shore Drive?
There are currently no comparable homes to 6 River Shore Drive.
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