$740,000
●
House -
Off Market
116 INLET Drive
St Augustine, FL 32080
3 Beds
2 Baths
1,700 Ft²
$817,858
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Such a Special spot and Special Area in Davis Shores on the corner
of Inlet Dr. and Arpeika Ave. with Views of Salt Run and on a
double lot with an awesome backyard! This concrete block home with
side entry garage has 1,700 Sq Ft. of updated living space with 3
Bedrooms and 2 Bathrooms! Open Floor Plan with Spacious Kitchen,
Dining and Family Room along with fireplace and screened in back
porch! Back Yard is huge and has plenty of room for a pool as well
as there is a separate shed for storage and tinkering. Davis Shores
is a great area to ride bikes, walking, as well as enjoying views
of Salt Run from your front yard and along Inlet Dr.!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$456
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 (Real MLS #1183520)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | Listed by COLDWELL BANKER VANGUARD REALTY | $899,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| | |||
|
*** Priced Below Recent Appraisal*** Come purchase into equity with this amazing home located in Historic St. Augustine, Fl . This fully renovated home features a new roof, tankless hot water heater, AC Handler, and garage door/opener.
The entire interior has been touched with new shiplap walls, Gourmet Kitchen with all appliances. New flooring, new counter tops, and the modern touch of current style and luxury. The open floor plan is an inviting area for guests, and the large DOUBLE lot on the corner showcases gorgeous views of the Matanzas River right from the kitchen!! This home is a short 20 min walk to the center of our historic town. Creating a paradise and permanent vacation in the nations oldest city. Schedule your private showing today.
| |||
| Jul 24, 2023 | Listed by COLDWELL BANKER VANGUARD REALTY | $950,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| | |||
|
Welcome to 116 Inlet Drive in St. Augustine's Davis Shores. This 3-bed, 2-bath home combines historical elegance with contemporary living. Enjoy stunning Matanzas River window views on a large corner lot, just steps from the rivers edge.
Inside, find a blend of classic design and modern updates. Features include a fully equipped gourmet kitchen, renovated bathrooms, and a cozy living area. Recent upgrades like a new roof , tankless hot water heater, garage door and opener, air handler.
Located near Downtown Saint Augustine, this property offers a tranquil yet connected lifestyle. A perfect fusion of style, convenience, and heritage.
| |||
| Nov 16, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by ENDLESS SUMMER REALTY | $775,000 | |
| Listed by ENDLESS SUMMER REALTY | |||
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Property Highlights
Garage
Parking Available
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Beds
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ft²
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About North Davis Shores
Similar Homes for Sale
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Listed by: KATHERINE SHEARER, ENDLESS SUMMER REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1183520
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1183520
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