144 LA MESA Drive
About This Property
Picture yourself living in a gated, championship golf course community on a beautifully landscaped lot. This spacious elegant home is made for both entertaining and everyday living. Enjoy an open floor plan, high ceilings, and a large kitchen. The kitchen adjoins formal dining, a spacious great room, and walls of windows overlooking the picturesque landscape. The sprawling lanai, winding paths, and soothing fountain are perfect for a summer cookout.
This 1 owner home is immaculate, well-maintained, and ready for new owners. Palencia is an amenity-rich community in St. Augustine, less than 13 miles from the downtown historic area
This community is equipped with 10 tennis courts, pickleball, courts, walking trails, a boardwalk to the intercoastal waterway,
a fitness center, and 3 Pools. Palencia Elementary School is tucked into the community as well. At the community entrance, there is abundant shopping which includes; Publix Supermarket, Starbucks, and several great
restaurants open for lunch and dinner.
Welcome Home!
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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 |
|---|---|---|---|
| May 29, 2024 | No longer available | - | |
| No longer available | |||
| May 22, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 14, 2024 | Price Increased |
$759,000
↑ $10K
(1.3%) | |
| Price Increased | |||
| Mar 8, 2024 | Relisted | $749,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017