120 MARSHALL CREEK Drive
About This Property
Coming home through the decorative glass double doors, you'll step into the foyer and your eyes will be immediately drawn to the soaring 20' coffered ceiling in the greatroom ahead. The floorplan offers an incredible number of living arrangements. Downstairs is an office and two bedrooms with shared bathroom, in addition to a huge owners suite and bath. There is both a casual dining nook and formal dining room off the kitchen and a separate laundry, powder bath, and storage room as well.
The kitchen is extremely well appointed with a 48 inch built-in Thermador fridge & freezer, five burner gas cooktop with matching vented hood, stainless steel double ovens and super quiet dishwasher, built-in wine cooler, built-in microwave, pot filler, and large walk-in pantry.
Upstairs, there is a bonus media room with projector and screen, a loft that overlooks the first floor, and two more spacious bedrooms; each with their own en-suite full bath. You'll also find a mechanical room that doubles as a huge storage area with access to the structured wiring panel.
You will be extremely impressed with the side and backyard space! This home is nestled on a gorgeous .82 acre homesite halfway down a short cul-de-sac street amongst other large estate homes, mature trees and landscaping; providing a natural, park like setting.
Additional bonuses include a screened in patio with pre-plumbing for gas cooking/outdoor kitchen, pre-plumbing for a future swimming pool, a dedicated pool/backyard bath, and a backyard play set which is included in the sale of the home.
Palencia is a gated, master planned golf course community located in northern Saint Johns County, Florida. It offers very convenient access to shopping, dining, Publix grocery store, the beaches, and is located only 15 minutes north of historic downtown St. Augustine.
The community is well known for it's A rated, high quality school system including Palencia Elementary which is located within the community and within a short bike ride from this home.
Moving to this neighborhood, you'll find an extremely family friendly atmosphere with access to spectacular, well maintained amenities including a fitness center, pools with tower slides and splash pad, tennis courts, clubhouse, golfing (membership optional), sidewalks and bike trails, parks with playground equipment, a boardwalk to the Intracoastal waterway, and plentiful nature preserves.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Price Decreased |
$1,599,000
↓ $26K
(1.6%) | |
| Price Decreased | |||
| Oct 5, 2024 | Price Increased |
$1,625,000
↑ $85K
(5.5%) | |
| Price Increased | |||
| Oct 4, 2024 | Back on market | - | |
| Back on market | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017