136 COSTA DEL SOL Drive
About This Property
Custom design by Cottage Home Company, this nearly 4300+ s.f. house features an open floorplan with four bedrooms plus office plus upstairs media room and detached three car garage on a premium 1/2 acre lakefront homesite with golf course views (hole #7). This magnificently finished home offers the best of Florida's outdoor lifestyle. Enjoy a cool beverage under the generous covered front porch, covered upstairs balcony, or relax in the backyard underneath the rear lanai outfitted with a fireplace and outdoor kitchen. There is room in the backyard for a pool if desired. Modern kitchen design with custom, full overlay white cabinetry, large walk-in pantry with wood shelving. Soft close cabinet doors and drawers and beautiful marble kitchen countertops. 36 inch Wolf gas cooktop with stainless steel range hood, 30 inch convection wall oven with combination microwave, built-In Sub-Zero refrigerator/freezer, tile backsplash, extra-deep farmhouse sink with sprayer faucet. Large kitchen island provides additional storage possibilities as well as seating for four. The open concept kitchen presents to the main living area which is anchored by a brick accented gas fireplace surrounded by built-in custom cabinetry. Wood flooring is installed throughout all main living areas, designer tile in baths and other wet areas, with plush carpeting supplied in all bedrooms. And yes, all the designer furnishings, lighting, and window treatments convey!
Palencia is a gated community set apart from all other by its meandering tree lined streets, A rated St. Johns County schools, large lot sizes, custom home construction, plentiful parks & trails, beautiful amenities including three pools; one with a tower waterslide, fitness center, tennis courts, sports fields, dock to the intracoastal, and so much more. Golf membership is not required but offered to Palencia residents. Model is open daily from 10 am to 2:30 pm Tues-Fri and Saturdays from 10 to 4:30 or contact listing agent for a private showing.
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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%.
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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 |
|---|---|---|---|
| Nov 13, 2017 | Sold | ||
| Sold | |||
| Sep 17, 2017 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $998,000 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
| Feb 16, 2017 | Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | $998,700 | |
| Listed by BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REALTY | |||
| Jun 24, 2016 | Listed by KELLER WILLIAMS JACKSONVILLE | $998,000 | |
| Listed by KELLER WILLIAMS JACKSONVILLE | |||
| | |||
| Feb 6, 2016 | Listed by COTTAGE HOME REALTY LLC | $1,142,000 | |
| Listed by COTTAGE HOME REALTY LLC | |||
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New Hampton plan by Cottage Home Co, cedar shake, welcoming front porch, hardwoods , oversize 3 car garage with storage, breezeway to home. Open home with The Cottage Touch barrel ceiling with trim foyer, study, master, flex/bed first floor, extended double lanai, 2nd floor with large bedrooms, bonus room and balcony overlooking lake and golf course! True gourmet kitchen with Sub-Zero Wolf appliances, gas cooktop, custom island, farmhouse/apron sink, luxurious master bath spacious shower, tub with barrel ceiling and shelving detail, wood floors,summer kitchen, Isokern masonry gas fireplace, natural gas community, Rinnai tankless water heaters, upgraded trim throughout, Deep Well for irrigation of yard, paver driveway, and so much more! All Restoration Hardware furnishings included in price price
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017