1645 LIGHTSEY Road
About This Property
The property is fully fenced and features two separate concrete driveways with metal cattle gates and power available at each gate. There is an extra 40x20 fenced area with 4x4 w/pasture fence outside the back French doors that can be used as a play area or garden. Inside the house, you'll find 3 bedrooms, 2 bathrooms, a bonus room, private dining room and updated finishes throughout, including new granite countertops, tile backsplash, cabinets, appliances, andfixtures. The kitchen includes a custom-built antique-style desk. The bathrooms feature new vanities with granite countertops and 1-piece water-efficient toilets. The tiled screen 12x20 back porch is perfect for enjoying the Florida weather, and the new sliding glass door with blinds within the doors adds an extra touch of convenience.
The house roof was re-shingled in 2015, and the septic tank was cleaned and upgraded in 2020.
This home has everything you need and more, including a 2.5-year-old Culligan water softener, new gutters in 2021, a new front storm door in 2022, and a pavered front porch. You'll also appreciate the Ring doorbell for added security. Don't miss your chance to own this beautiful property!
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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%.
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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | $730,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE | |||
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Ready for spacious, rural living without sacrificing modern conveniences? This is the home for you! It is the perfect blend of space, privacy, and modern updates. Minutes away from the city of St Augustine, situated on a sprawling 1.2-acre lot and zoned Open Rural with no deed restrictions or HOA fees, this property offers incredible versatility. The 30x30 enclosed, air-conditioned 3-car garage provides plenty of room for parking and storage, while the 40x44 back garage boasts impressive side bays with 10ft clearance, a 15ft high middle bay, and an enclosed storage room. Perfect for RV enthusiasts, the back garage is equipped with 30 Amp and 50 Amp hookups.
Enjoy the security and privacy of a fully fenced property, complete with two separate concrete driveways, each featuring metal cattle gates with available power. Just outside the back French doors, you'll find a 80x20 fenced area, perfect for a garden, play area, or pets.
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| Sep 11, 2024 | No longer available | - | |
| No longer available | |||
| Sep 4, 2024 | Price Decreased |
$703,000
↓ $7K
(1%) | |
| Price Decreased | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017