610 N CHAPEL STREET
About This Property
Situated on a huge oversized lot in a quiet, highly desirable section of Bunnell, this home features timeless architectural charm with custom brick accents, a beautiful custom-built brick fireplace, and an abundance of screened-in porch and balcony space perfect for enjoying Florida living. The spacious layout includes a private mother-in-law suite with its own entrance and bathroom, ideal for multi-generational living, guests, or additional rental income potential.
The custom brick surround kitchen features a built-in oven and cooktop, handmade cherrywood cabinets, and granite countertops, providing an excellent starting point for renovations while maintaining the home's unique character. Major updates include front windows less than 10 years old, roof approximately 10 years old, and downstairs AC replaced in 2023. Additional features include extensive attic storage and a huge newer metal storage building for tools, equipment, or workshop space.
Conveniently located just 20 minutes to the beach, 30 minutes to St. Augustine, 30 minutes to Daytona Beach, and a little over an hour to Orlando and the theme parks.
Property a true fixer upper is being sold AS-IS and CASH ONLY, will require updating and repairs, but the location, lot size, layout, and unique character create an incredible opportunity for the right buyer to build equity and bring this hidden gem back to life. Call agent today to see it!
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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%.
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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 4, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| May 9, 2026 | Listed by STILES REAL ESTATE CO. | $249,000 | |
| Listed by STILES REAL ESTATE CO. | |||
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About Bunnell
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017