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St. Johns 32259
151 PALOMAR Drive
$569,273
● House - Off Market

151 PALOMAR Drive

St Johns, FL 32259
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,375 Ft²
$2,800
Est. Monthly
$4
HOA / Fees
5.25%
Cap Rate

About This Property

Lot 209 - The Dahlia is the ideal plan to call home! Featuring 10-foot ceilings on one level, 4 bedrooms, 3 full bathrooms, a study, a 2-car garage, a chef's kitchen, and numerous upgraded features throughout the home. It's nestled in a wonderfully private backyard view within the incredible master-planned community of RiverTown. A must-see! RiverTown is a master-planned community nestled along the pristine shores of the St. Johns River.  Each amenity is geared toward staying fit, meeting new friends, trying new activities, and having fun in northeast FL's sunshine.  RiverTown is designed to connect its residents to the beautiful natural surroundings with neighborhood parks overlooking picturesque lakes and preserve, w/miles of trails and sidewalks.
Unit Size
2,375 Ft²
Days on Market
-
Land Size
-
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
$4
Year Built
-

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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 #2006914)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold
Premium
Sold
Feb 2, 2024 Listed by MATTAMY REAL ESTATE SERVICES $569,273
Listed by MATTAMY REAL ESTATE SERVICES
Jan 20, 2023 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,662
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERSONG AT RIVERTOWN PHASE TWO-B
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0000
  • Legal Description 1: 109/61-68 WATERSONG AT RIVERTOWN PHASE TWO-B LOT 58

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020809

Geography

  • Assessors Map Reference: 8A
  • Subdivision Phase Number: 2
  • Parcel: 000724-0580
  • Block: 1
  • Lot: 58
  • Meridian: SEC 39 TWN 05 RNG 27
  • Municipality: RIVERS EDGE II
  • Latitude: 30.0463
  • Longitude: -81.649

    Address

  • Full Address: 151 Pinellas Way
  • Address - House Number: 151
  • Address - Street Name: Pinellas
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: H028
  • 4-Digit Zip Code: 9446
  • Zip Code: 32259

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $317,211
  • Tax Rate Code Area: 334

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 87,249
  • High Value: 125,361
  • Low Value: 49,136

    Market Valuation

  • Market Total Value: $89,600
  • Market Land Value: $89,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,600
  • Assessed Land Value: $89,600

    Sales

  • Current Sale Contract Date: Jan 18, 2023
  • Current Sale Recording Date: Jan 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4916
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 St. Johns

Stats & Trends

Median Asking:

$519,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2223 ft²

Average Home Age

16.9 years

Currently For Sale

2851 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

Rentals Near You

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Real MLS

Listed by: TARA M JINKS, MATTAMY REAL ESTATE SERVICES
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2006914
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 151 Palomar Drive built and last sold?
The property at 151 Palomar Drive was built in and last sold on Jan 18, 2023 for $443,266.
How much is this home worth?
The estimated value of the home located at 151 Palomar Drive is $0.
What are some comparable homes to 151 Palomar Drive?
There are currently no comparable homes to 151 Palomar Drive.
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