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About this home
644 Northern Rd is a 1981-built home in Golf View Sec 11, South Daytona. Listed at $960,000 (about $120/sqft), 307 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.
Nestled in the heart of South Daytona you will find an area of investment properties where the numbers make sense..........This multi-family complex offers 6 x 2 bedroom townhouse style units that are fully rented, on annual leases with some long term tenants and a CAP rate of approximately 7.5. Owners expenses are minimal as the tenants pay their own utilities........Complex is just a short drive from the world's most famous beach and offers all the convenience of being close to schools, shopping, restaurants, medical, golf courses and so much more. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$960,000
$120 per sq ft
Size
8,016 sq ft
Time on market
307 days
Year built
1981
Monthly payment
About $6,626/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $13,672 annual tax bill, insurance.
Flood zone
Zone X500
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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