875 STARDUST WAY
About This Property
This spacious homesite is zoned for single-family residential use, making it ready for development. Enjoy quiet country living with convenient access to modern amenities-just minutes from historic Downtown DeLand's shops, restaurants, and cultural attractions, as well as Stetson University. Nature lovers will appreciate proximity to Blue Spring State Park, the St. Johns River, and miles of trails, while commuters will love the easy access to I-4 and nearby Daytona and New Smyrna beaches. Whether you're an investor, future homeowner, or outdoor enthusiast, this property is a rare opportunity to own a large parcel in one of Central Florida's most desirable areas. Don't wait-acreage like this is getting harder to find!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017