$455,000
●
House -
Off Market
1602 TIMBER TRACE Drive
St Augustine, FL 32092
4 Beds
2 Baths
2,006 Ft²
$2,343
Est. Monthly
$40
HOA / Fees
6.81%
Cap Rate
About This Property
Motivated Seller! Come see this beautiful house! Welcome to 1602
Timber Trace Drive! Located a short 15-minute drive to
historic Saint Augustine and the beaches, this spacious home has a
new roof and air conditioner. The four-bedroom, two-bath
house has a wonderful split plan with Master on one side and 3
bedrooms on the other, plus a two-car garage. The home is light and
airy, and ready for your creative inspiration. The kitchen boasts
white cabinets and new quartz countertops with an open floor plan
from kitchen to living room, which makes for great entertaining.
Enjoy the new screened back porch looking out to the large
yard and playground for kids or grandkids plus a fairy garden. With
only the wooded preserve behind you, the backyard is a private
sanctuary with ample room for a pool. The extended paver
driveway and walkway connects to the patio, and there's room for a
boat (~20 ft.) in the side-yard behind the 6-foot privacy fence.
Come see your new home!
Unit Size
2,006 Ft²
Days on Market
-
Land Size
-
Price per sqft
$234
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
2005
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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 #1251676)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Dec 12, 2023 | Sold | ||
| Sold | |||
| Nov 1, 2023 | No longer available | - | |
| No longer available | |||
| Oct 31, 2023 | Price Decreased |
$469,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Oct 26, 2023 | Listed by Florida Homes Realty and Mortgage LLC | $479,500 | |
| Listed by Florida Homes Realty and Mortgage LLC | |||
| | |||
|
Welcome To 1602 Timber Trace Drive! Located A Short 15-minute Drive To Historic Saint Augustine And The Beaches,This Spacious Home Has A New Roof And Air Conditioner. The Four-bedroom,Two-bath House Has A Wonderful Split Plan With Master On One Side And 3 Bedrooms On The Other,Plus A Two-car Garage. The Home Is Light And Airy,And Ready For Your Creative Inspiration. The Kitchen Boasts White Cabinets And New Quartz Countertops With An Open Floor Plan From Kitchen To Living Room,Which Makes For Great Entertaining. Enjoy The New Screened Back Porch Looking Out To The Large Yard And Playground For Kids Or Grandkids Plus A Fairy Garden. With Only The Wooded Preserve Behind You,The Backyard Is A Private Sanctuary With Ample Room For A Pool. The Extended Paver Driveway And Walkway Connects To The Patio,And There's Room For A Boat (~20 Ft.) In The Side-yard Behind The 6-foot Privacy Fence. Come See Your New Home! The manager has listed the unit size as 2006 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About St. Johns
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Listed by: SERENA ARBUTHNOT, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1251676
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1251676
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