75
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626 RIVERSIDE DRIVE
About This Property
The flexible floor plan offers five bedrooms plus a dedicated office, with three guest bedrooms thoughtfully located upstairs to provide privacy and separation from the primary living spaces. Whether accommodating extended family, working from home, or creating dedicated media and hobby rooms, the home offers exceptional versatility. A spacious three-car garage provides plenty of room for vehicles, recreational equipment, and all the essentials of an active coastal lifestyle. The first-floor owner's suite is a true retreat, thoughtfully positioned to maximize the tranquility of the riverfront setting. Expansive windows frame sweeping water views, creating a serene backdrop from sunrise to sunset. The luxurious ensuite bath features custom closet systems, a spacious walk-in tiled shower, and a soaking tub designed for relaxation. Private access to the lanai further enhances the suite's sense of seclusion, allowing for effortless access to the pool and outdoor living spaces. Outside, the property transforms into a private resort-inspired oasis. The custom pool is highlighted by stacked stone accents and multiple cascading waterfalls that add both visual beauty and soothing ambiance. A large covered cabana provides a comfortable gathering space, while the fully equipped summer kitchen makes entertaining effortless. Whether hosting elegant evening celebrations or enjoying a quiet sunset by the water, the outdoor living experience is nothing short of extraordinary. Beyond the property itself, the location is equally compelling. Nestled along one of Ormond Beach's most desirable riverfront stretches and just moments from the Atlantic Ocean, this exceptional address offers the rare combination of direct Intracoastal waterfront living and convenient beach access. Residents enjoy close proximity to local dining, shopping, and everyday conveniences while still experiencing the privacy, serenity, and beauty of a true waterfront retreat.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Price Decreased |
$2,850,000
↓ $145K
(4.8%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by REALTY PROS ASSURED | $2,995,000 | |
| Listed by REALTY PROS ASSURED | |||
| Jan 27, 2022 | Sold | ||
| Sold | |||
| Dec 20, 2021 | No longer available | - | |
| No longer available | |||
| Nov 23, 2021 | Price Decreased |
$1,899,900
↓ $100K
(5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017