188 KINGSTON Drive
About This Property
Nestled in-between the Ocean and the Intra-Coastal waterway with own community private beach access and cabana.
Conveniently located, minutes to Jacksonville and the historic Saint Augustine downtown, yet the residents of the Beachwalk enjoy the tranquility of living on a barrier island and just minutes from the 2,400 acres Guana River preserve.
The Beachwalk community offers low HOA of $235 per/month which includes lawn maintenance, community pool, tennis/pickleball court and beach cabana. Short driving distance to shopping and healthcare!
No need for ''tool-belt'', just come and enjoy this open and completely redone spacious design! (no short term rentals, 6mo minimum) Quality Block Built! Everything fully and quality updated!
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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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by HOMECOIN.COM | $850,000 | |
| Listed by HOMECOIN.COM | |||
| Feb 23, 2023 | Listed by RE/MAX UNLIMITED | $850,000 | |
| Listed by RE/MAX UNLIMITED | |||
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Stunning home on the intercostal waterway. Newly updated, 3 bedrooms, 2 baths and a den with high end upgrades and block construction. Fabulous sunsets can be viewed nightly on the Lanai or the spacious back yard.
Community offers direct access to beach with private beach cabana. Other community amenities include a clubhouse, pool, tennis/pickle-ball court, community maintenance which includes outside watering, grass cutting, annual tree trimming and mulching and no short term rentals.
The community is 10 minutes from historical downtown Saint Augustine and is a quick drive to the Jacksonville or Saint Augustine airports, shopping and medical facilities. This neighborhood has no reported flooding during any of the hurricanes.
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| Mar 17, 2022 | Sold | ||
| Sold | |||
| Feb 18, 2022 | Listed by HOMECOIN.COM | $625,000 | |
| Listed by HOMECOIN.COM | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017