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St. Johns 32095
222 OTERO Point
$325,000
● House - Off Market

222 OTERO Point

St Augustine, FL 32095
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,050 Ft²
$535,030
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Ready in OCTOBER!! Lennar Homes Cordova Bonus floor plan: 3 beds, 3 baths, retreat, bonus room and 2 car garage.  Everything's Included® features:  Gourmet Kitchen with Quartz counter tops, 42" cabinets, Professional Series Frigidaire® stainless steel appliances (gas drop-in range, double ovens, dishwasher, microwave, and refrigerator), washer &  gas-dryer, ceramic wood tile in main areas and living/dining/halls, tankless water heater, pre-wired security system, Nexia™ Home Automation, pavered screened lanai, window blinds throughout, sprinkler system, and pavered driveway. 1 year builder warranty, dedicated customer service program and 24-hour emergency service.
Unit Size
2,050 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
$86
Year Built
2017

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (Real MLS #886902)

Price History

Date / Event Date Event Price
Oct 3, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by LENNAR REALTY INC $335,980
Listed by LENNAR REALTY INC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 476
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,969
  • Total Building Area: 3,003
  • Gross Building Area: 3,163
  • Building Area: 2,527
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,527
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALENCIA NORTH PHASE III B
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 8128-35 PALENCIA NORTH PHASE III B LOT 395 OR4442/1940

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020606

Geography

  • Assessors Map Reference: 115D
  • Subdivision Phase Number: 3
  • Parcel: 072153-3950
  • Lot: 395
  • Meridian: SEC 28 TWN 05S RNG 29E
  • Municipality: SWEETWATER CREEK
  • Latitude: 30.0457
  • Longitude: -81.3956

    Address

  • Full Address: 222 Otero Pt
  • Address - House Number: 222
  • Address - Street Name: Otero
  • Address - Suffix Type: Pt
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R055
  • 4-Digit Zip Code: 7463
  • Zip Code: 32095

Valuation

    Tax

  • Total Area: 2,859
  • Tax Year: 2022
  • Tax Amount: $607,668
  • Tax Rate Code Area: 315

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 664,033
  • High Value: 764,164
  • Low Value: 563,902

    Market Valuation

  • Market Total Value: $450,612
  • Market Land Value: $78,400
  • Market Improvement Value: $372,212

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $253,371

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2017
  • Current Sale Recording Date: Oct 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017067115
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Johns

Stats & Trends

Median Asking:

$519,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2216 ft²

Average Home Age

17.1 years

Currently For Sale

2881 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 80 Covered Creek Drive, Ponte Vedra, FL, 32081

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,348 ft²
80 Covered Creek Drive, Ponte Vedra, FL, 32081 Listing by MARNIE GOMES MILLER

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: MATTHEW FIGLESTHALER, LENNAR REALTY INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 886902
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 222 Otero Point built and last sold?
The property at 222 Otero Point was built in 2017 and last sold on Sep 28, 2017 for $325,000.
How much is this home worth?
The estimated value of the home located at 222 Otero Point is $0.
What are some comparable homes to 222 Otero Point?
There are currently no comparable homes to 222 Otero Point.
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