705 FALLING LEAF COURT
About This Property
Soaring VAULTED CEILINGS and an intuitive OPEN FLOW define the home's THREE VERSATILE LIVING SPACES that can be strategically interchanged for best use. Presently, the SPACIOUS formal dining offers a flexible footprint that transitions seamlessly into a quiet secondary seating area which serves well for a media room, formal living or even a HOME OFFICE. In the heart of the home, the great room, the focus becomes a WOOD-BURNING FIREPLACE, elegantly framed by CUSTOM BUILT BOOKCASES with hardwood and glass shelving that is beautifully lit.
Sliding glass doors expand from there into a NEWER CLIMATE CONTROLLED FLORIDA ROOM. Surrounded by FOUR ADDITIONAL SETS OF SLIDING GLASS DOORS, this nature-drenched sanctuary blurs the lines between indoors and out with each door opening directly onto a ELEVATED WOOD DECK. From this vantage point and from almost every window in the home, the VIEWS ARE PRIVATE, overlooking the lush Florida fauna.
The FULLY RENOVATED KITCHEN centers around a substantial KITCHEN ISLAND that commands attention with its gleaming white base topped in charcoal QUARTZ, offering both a functional workspace and an aesthetic anchor with its striking contrast of colors. Bringing everything together with pleasing symmetry, an expansive GRANITE COUNTERTOP is paired with GRAY CABINETRY and a delightful TILE BACKSPLASH. STAINLESS STEEL APPLIANCES integrate seamlessly into the layout, while a cozy BREAKFAST NOOK is perfectly situated between TWIN WINDOWS, offering private views of the front lawn that is fully screened from the street by mature hedging. A CLOSET PANTRY and closet laundry with BUILT-IN CABINETRY complement and complete the full culinary experience.
The home features a true SPLIT-BEDROOM FLOOR PLAN for maximum individual respite. To the right, the RENOVATED PRIMARY SUITE and ENSUITE boasts an elongated 8' DUAL SINK GRANITE VANITY, a FRAMELESS-GLASS WALK-IN SHOWER, a HEATED, JETTED, JACUZZI WHIRLPOOL SPA TUB, and a WALK-IN CLOSET. Two additional bedrooms occupy the opposite side of the home, each with LARGE PICTURESQUE WINDOWS framing the outdoor views and each with access to a RENOVATED GUEST BATH.
The rear yard is a HUGE wooded retreat - a mature canopy providing natural shade for LOW-MAINTENANCE LANDSCAPING and native plantings with both DOUBLE-GATE and SINGLE-GATE access.
Additional special mentions include: NEW HOME PLUMBING REPIPE (2025)!!! NEW SOLID PANEL INTERIOR DOORS (2025)!!! NEW HOT WATER HEATER (2024)!!! LARGE FORMAT 6" GUTTERS with LEAF GUARDS (2024)!!! PELLA LOW-E INSULATED WINDOWS that are FULLY TRIMMED (2016)!!! NEW HVAC (2016)!!! NEW ROOF (2014)!!!
This gem is located just 5 minutes from I-4 and award-winning downtown Deland & Stetson University, 30 minutes from Daytona Beach International Airport with direct flights to NYC and other major cities, 40 minutes to Florida's famous beaches, and an hour to Orlando attractions.
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Relisted | $409,900 | |
| Relisted | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017