7 Carrington LANE
About This Property
fenced backyard, irrigation system, hurricane shutters, hurricane/impact garage door and a storage shed. Private, updated, modern, pool home in a prime location of Ormond Beach. Talaquah has an extremely low turnover rate, so get it while the getting is good! All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
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Cap Rate Calculator
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 12, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Price Decreased |
$579,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 3, 2024 | Listed by OCEANS LUXURY REALTY FULL SVC | $584,900 | |
| Listed by OCEANS LUXURY REALTY FULL SVC | |||
| Dec 14, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017