187 BEALE Avenue
About This Property
The spacious open-concept layout is ideal for both everyday living and entertaining, featuring an inviting living area with an electric fireplace, fresh interior paint, and brand-new carpeting throughout. The well-appointed kitchen flows seamlessly into the dining and living spaces, creating a bright, open feel.
Step outside to the screened lanai, the perfect place to enjoy your morning coffee, unwind after a long day, or entertain friends while enjoying Florida's beautiful weather year-round. Additional highlights include an attached garage, attractive paver driveway, and move-in-ready condition. Enjoy all that Shearwater has to offer, including resort-style pools, a lazy river, fitness center, walking trails, parks, tennis courts, and top-rated St. Johns County schools. This exceptional home offers the perfect blend of comfort, style, and an unbeatable location.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Price Decreased |
$625,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by WATSON REALTY CORP | $635,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 22, 2022 | Sold | ||
| Sold | |||
| Jul 16, 2022 | Listed by WATSON REALTY CORP | $575,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 20, 2020 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017