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850 LINDENWOOD CIRCLE E
About This Property
lovely Single Family home is located at 850 Lindenwood Circle East. Built in 1976, this
timeless residence offers a classic design with modern amenities. Boasting a total of 2 full
bathrooms and 1,570 square feet of finished living space, this property provides a
comfortable and spacious layout for any family to enjoy. As you approach the home, you
are greeted by a well-maintained exterior and a lush front yard, set on a sizable lot spanning
9,775 square feet. The expansive yard offers plenty of space for outdoor activities,
gardening, or simply relaxing in the sunshine. The fenced backyard provides a private
retreat for entertaining guests or enjoying peaceful moments in the fresh air. Stepping
inside, you will find a welcoming living space with an abundance of natural light and a cozy
atmosphere. The open floor plan seamlessly connects the living room, dining area, and
kitchen, creating a perfect flow for everyday living and entertaining. The kitchen is
equipped with modern appliances, ample storage space, and a convenient layout for meal
preparation. The home features two well-appointed bathrooms, providing convenience and
comfort for residents and guests. The 3 bedrooms and bonus room are spacious and offer
plenty of room for relaxation and rest. Each room is thoughtfully designed with comfort and
functionality in mind, creating a harmonious living environment for all. Located in a
desirable neighborhood, this property is close to shopping, dining, entertainment, and top
rated schools. Enjoy easy access to Sanchez park, beaches, and recreational activities,
allowing for a vibrant and active lifestyle. With its prime location and charming features,
this home offers a wonderful opportunity to live in the heart of Ormond Beach.
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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.
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About Woodmere South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017