189 ST JOHNS FOREST Boulevard
About This Property
The home's main level features hardwood floors throughout and an extensively remodeled kitchen (2021) with quartz counters, gas range, center island, custom cabinetry and moldings. Dedicated spaces set this home apart: a private theater room with a 100-inch projection screen, a game room with wet bar, and a wine cellar. The primary suite includes a fully renovated spa-style bath (2025), and three additional baths were renovated in 2021. Generous closet space throughout keeps everything organized.
The home's systems are as sound as the finishes. A new roof (2020), two new HVAC systems (2021), and a new gas water heater (2023) mean the major expenses are already handled. St. Johns Forest offers a resort-style pool, clubhouse, fitness center, roller hockey rink, tennis and basketball courts, a playground, and walking trails, all within a manned, gated entrance. The home sits in St. Johns County School District, one of Florida's top-rated districts, and is minutes from shopping, dining, healthcare, and major commuter routes -- combining a quiet preserve setting with everyday convenience.
From the theater and game room to the lanai overlooking the preserve, this home balances room to gather with space to retreat.
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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%.
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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 |
|---|---|---|---|
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Decreased |
$1,110,000
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by HERRON REAL ESTATE LLC | $1,120,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Apr 21, 2006 | 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