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Fruit Cove 32259
1324 DEGROVE Road
$448,000
● House - Off Market

1324 DEGROVE Road

Fruit Cove, FL 32259
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$465,937
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This charming home is full of so many renovations that it needs to be seen in person to truly appreciate the beauty and attention to detail. Home sits on a huge lot with no HOA (bring all your toys) and features a metal roof and artesian well. Interior features luxury vinyl plank flooring throughout the first floor. Kitchen is gorgeously remodeled with new SS appliances, custom backsplash, quartz counters and huge island. Primary bedroom and flex room are located on the first floor as well as a renovated bathroom. Original hardwood floors have been refinished to their original beauty flow up the stairs and into the secondary bedrooms which are generously sized and share a hall bath. Back yard is huge and has several fruit bearing trees and offers tons of possibilities!
Unit Size
1,600 Ft²
Days on Market
63 days
Land Size
-
Price per sqft
$280
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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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 #1178909)

Price History

Date / Event Date Event Price
Sep 7, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by REDFIN $448,000
Listed by REDFIN

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,086
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,260
  • Total Building Area: 1,806
  • Gross Building Area: 1,806
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRUIT COVE UNPLATTED
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PART OF N3/4 OF LOT 3 LOT 11 BLK 1 OF UNREC FRUIT COVE UNIT 1 (EX TRI PT EASE IN OR755/1573) OR5629/1937

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020803

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: 5A
  • Parcel: 005230-0000
  • Block: 1
  • Lot: 3,11
  • Meridian: SEC 31 TWN 04S RNG 27E
  • Municipality: COUNTY
  • Latitude: 30.1147
  • Longitude: -81.6323

    Address

  • Full Address: 1324 Degrove Rd
  • Legal Unit: 1
  • Address - House Number: 1324
  • Address - Street Name: Degrove
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: R006
  • 4-Digit Zip Code: 2890
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 1,521
  • Tax Year: 2022
  • Tax Amount: $210,276
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 346,616
  • High Value: 402,609
  • Low Value: 290,623

    Market Valuation

  • Market Total Value: $180,505
  • Market Land Value: $89,600
  • Market Improvement Value: $90,905

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $180,505
  • Assessed Land Value: $89,600
  • Assessed Improvements Value: $90,905

    Sales

  • Current Sale Contract Date: Sep 02, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 85805
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fruit Cove

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2776 ft²

Average Home Age

21.3 years

Currently For Sale

100 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 940 State Road 13 N, Fruit Cove, FL, 32259

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,599 ft²
940 State Road 13 N, Fruit Cove, FL, 32259 Listing by BARBARA (CATRICE) JONES LLC

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: HEATHER KRUAYAI, REDFIN
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1178909
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.

Frequently Asked Questions

When was property at 1324 Degrove Road built and last sold?
The property at 1324 Degrove Road was built in 1970 and last sold on Sep 2, 2022 for $448,000.
How much is this home worth?
The estimated value of the home located at 1324 Degrove Road is $449,807.
What are some comparable homes to 1324 Degrove Road?
There are currently no comparable homes to 1324 Degrove Road.
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