717 Fleming AVENUE
About This Property
The expansive backyard, along with the screened porch featuring a private jacuzzi spa, offers a perfect blend of relaxation and entertainment. Located in a quiet, established community with no HOA, this home provides a tranquil escape while remaining close to Ormond Beach's premier dining and amenities.
Recent upgrades ensure comfort and peace of mind, including a 10-year-old AC, 5-year-old water heater, copper piping, a durable metal roof with 23 years of life left, new windows, a sliding glass door, and a hurricane-rated garage door. Additional features include a full-house generator plug-in, and all appliances convey-including the jacuzzi, washer, and dryer.
Don't miss the chance to own this charming home in Ormond Beach's most peaceful and picturesque neighborhood with a water view.
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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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 4, 2024 | Price Decreased |
$270,000
↓ $19K
(6.6%) | |
| Price Decreased | |||
| Aug 31, 2024 | Price Decreased |
$289,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jul 22, 2024 | Listed by ADAMS, CAMERON & CO., REALTORS | $299,000 | |
| Listed by ADAMS, CAMERON & CO., REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017