931 OLD MILL RUN
About This Property
Outdoor living is just as inviting with a large screened porch, a deck overlooking the private backyard, and a cozy front porch perfect for enjoying the neighborhood atmosphere. Recent upgrades provide peace of mind, including new HVAC systems (2019), updated electrical panels (2019), and a new water heater (2019). Located in a desirable neighborhood in the heart of Ormond Beach, residents enjoy access to a community pool and tennis court, as well as a warm, family-oriented atmosphere. This is the perfect home for families caring for parents or extended family members, offering space, flexibility, and modern convenience.
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017