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Port Orange 32127 Central Park
718 Prospect Point DRIVE
$325,000
● House - Off Market

718 Prospect Point DRIVE

PORT ORANGE, FL 32127
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,538 Ft²
$1,947
Est. Monthly
6.92%
Cap Rate

About This Property

This is the one you've been waiting for! Lovely home situated on a shaded tree filled a lot in Port Orange. The top rated schools make this home one of the most desirable neighborhoods.  With a roof less than a year old, split floor plan, vaulted ceilings, open concept-living, walk in closets and screen porch, this home has so many of the desirable features buyers are looking for today.  The Central Park neighborhood is known for it oversize lots, mature trees, and walking distance to the All children's park/splash pad, dog park, ballfields, playgrounds and Neighbors ice cream store!
Unit Size
1,538 Ft²
Days on Market
144 days
Land Size
0.23 acres
Price per sqft
$211
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (Stellar MLS #V4936625)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Premium
Sold
Nov 19, 2024 In contract -
In contract
Sep 3, 2024 Price Decreased $324,900
↓ $5K (1.6%)
Price Decreased
Jul 19, 2024 Listed by ADAMS, CAMERON & CO., REALTORS $330,000
Listed by ADAMS, CAMERON & CO., REALTORS
Dec 15, 1987 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 1,678
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,678
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTRAL PARK
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 37 CENTRAL PARK PHASE I MB 41 PG 20 PER OR 4909 PG 1670 PER OR 6855 PG 0888 PER OR 7596 PG 2101

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 082508

Zoning

  • Zoning: 16R10SF

Geography

  • Assessors Map Reference: E2-0033-28
  • Account Number: 4886001
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 06
  • Parcel: 6328-06-00-0370
  • Lot: 37
  • Meridian: SEC 28 TWN 16S RNG 33E
  • Municipality: PORT ORANGE
  • Latitude: 29.0914
  • Longitude: -80.9988

    Address

  • Full Address: 718 Prospect Point Dr
  • Address - House Number: 718
  • Address - Street Name: Prospect Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Port Orange
  • Carrier Code: R026
  • 4-Digit Zip Code: 7531
  • Zip Code: 32127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,528
  • Tax Rate Code Area: 402

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 370,580
  • High Value: 443,188
  • Low Value: 297,971

    Market Valuation

  • Market Total Value: $271,079
  • Market Land Value: $69,944
  • Market Improvement Value: $201,135

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,079
  • Assessed Land Value: $69,944
  • Assessed Improvements Value: $201,135

    Sales

  • Current Sale Contract Date: Dec 15, 1987
  • Current Sale Recording Date: Dec 15, 1987
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 15, 1987
  • Previous Sale Contract Date: Jul 15, 1987
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Park

Stats & Trends

Median Asking:

$399,450

Sale Price/ft²

$220

Above Asking

0.01%

Average Days on Market

102

Average Home Size

1823 ft²

Average Home Age

38.5 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6309 Hanfield Drive, PORT ORANGE, FL, 32128

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,510 ft²
6309 Hanfield Drive, PORT ORANGE, FL, 32128 Listing by Jeremy Porter

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Eric Zimmerman
ADAMS, CAMERON & CO., REALTORS
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# V4936625
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 718 Prospect Point Drive built and last sold?
The property at 718 Prospect Point Drive was built in 1987 and last sold on Dec 15, 1987 for $82,000.
How much is this home worth?
The estimated value of the home located at 718 Prospect Point Drive is $0.
What are some comparable homes to 718 Prospect Point Drive?
There are currently no comparable homes to 718 Prospect Point Drive.
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