198 CONCAVE Lane
About This Property
The open-concept living area is filled with natural light and showcases tile flooring throughout the main living spaces, a spacious dining area, and a beautifully appointed kitchen with granite countertops, stainless steel appliances, abundant cabinetry, and a large breakfast bar. The primary suite offers a walk-in closet, dual vanities, and a tiled walk-in shower.
Upstairs, you'll find three additional bedrooms, two full bathrooms, a dedicated laundry room, and a generous loft that makes an ideal media room, playroom, office, or flex space. Step outside to a covered lanai overlooking a private backyard with peaceful preserve views and no rear neighbors. Located in the highly desirable Beacon Lake community, residents enjoy resort-style amenities including a clubhouse, fitness center, pool, splash park, playgrounds, walking trails, sports courts, and the community's signature 43-acre paddle-friendly lake. Conveniently located near top-rated St. Johns County schools, shopping, dining, and I-95. This is a fantastic opportunity to create the home you've been dreaming of in 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 |
|---|---|---|---|
| Jun 20, 2026 | Price Decreased |
$440,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by HERRON REAL ESTATE LLC | $460,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Jun 17, 2025 | Price Decreased |
$495,500
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 13, 2025 | Listed | $499,999 | |
| Listed | |||
| | |||
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Welcome to 198 Concave Ln in Beacon Lake! This 4BR/3.5BA home offers 2,053 sq ft with an open floor plan, downstairs primary suite, tile in main areas, smart thermostat, and energy-efficient appliances. Enjoy a fully fenced backyard with preserve views and installed gutters—a rare perk in new construction! A small kids park is right across the street, ideal for families. Located in a cul-de-sac with a 2-car garage and irrigation system. Beacon Lake offers a resort-style pool, clubhouse, fitness center, playgrounds, trails, dog park, kayak launch, and sports courts. Zoned for top-rated St. Johns County schools. Low HOA, move-in ready, and minutes from beaches, I-95, and historic St. Augustine!
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| Aug 17, 2021 | 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