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St. Johns 32259
243 N ARABELLA Way
$802,500
● House - Off Market

243 N ARABELLA Way

St. Johns, FL 32259
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,216 Ft²
$4,592
Est. Monthly
$668
HOA / Fees
3.80%
Cap Rate

About This Property

Welcome Home to this beautiful concrete block 4 bedroom, 3.5 bath home on oversized lot  with office and luxury pool/spa in sought after St Johns Forest. Preserve lot w/ preserve views in front & backyard, pool screened & fenced backyard.  Newly updated kitchen that includes double oven w/ convection &air fryer. Beautiful new LVP floors downstairs. Updated 1/2 bath. Downstairs features office, 1/2 bath, dining room, kitchen & family room. Upstairs features loft, primary bedroom with built in double closets, large primary bath & additional 3 bedrooms & 2 full baths. Laundry room is spacious w/ sink. A+ schools & amenities including beach entry pool, slide, roller hockey rink, tennis courts, gym, soccer field, playground. *No CDD bond, only maint remains*
Unit Size
3,216 Ft²
Days on Market
47 days
Land Size
-
Price per sqft
$248
Property Type
House
Property Taxes
-
HOA Dues
$668
Year Built
2011

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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 #1261680)

Price History

Date / Event Date Event Price
Feb 14, 2024 Sold
Premium
Sold
Dec 14, 2023 Listed by RE/MAX UNLIMITED $799,000
Listed by RE/MAX UNLIMITED
Dec 8, 2020 Sold
Premium
Sold
Aug 17, 2020 Sold
Premium
Sold
Jul 13, 2020 Listed by RE/MAX UNLIMITED $494,600
Listed by RE/MAX UNLIMITED
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,196
  • Total Building Area: 3,716
  • Gross Building Area: 3,716
  • Building Area: 3,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST. JOHNS FOREST UNIT 4
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 62/01-12 ST JOHNS FOREST UNIT 4 LOT 151 OR5118/1062

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020811

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 33D
  • Parcel: 026334-1510
  • Lot: 151
  • Meridian: SEC 18 TWN 05S RNG 28E
  • Municipality: ST JOHNS FOREST
  • Latitude: 30.073
  • Longitude: -81.529

    Address

  • Full Address: 243 N Arabella Way
  • Legal Unit: 4
  • Address - House Number: 243
  • Street Direction: N
  • Address - Street Name: Arabella
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: R153
  • 4-Digit Zip Code: 8022
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 3,586
  • Tax Year: 2022
  • Tax Amount: $511,956
  • Tax Rate Code Area: 304

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 798,646
  • High Value: 928,122
  • Low Value: 669,169

    Market Valuation

  • Market Total Value: $488,797
  • Market Land Value: $100,800
  • Market Improvement Value: $387,997

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $381,187

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11286
  • Previous Sale Recording Date: Dec 08, 2020
  • Previous Sale Contract Date: Aug 17, 2020
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$519,980

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

84

Average Home Size

3012 ft²

Average Home Age

16.7 years

Currently For Sale

2002 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 192 Rambling Brook Trail, St. Johns, FL, 32259

$2,650 /mo

  • 4 Beds
  • 3 Baths
  • 2,397 ft²
192 Rambling Brook Trail, St. Johns, FL, 32259 Listing by SUDHA BHARATHAN THAYVER

Rentals Near You

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

Listed by: JANIS WYLLIE, RE/MAX UNLIMITED
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1261680
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 243 North Arabella Way built and last sold?
The property at 243 North Arabella Way was built in 2011 and last sold on Jan 31, 2024 for $802,500.
How much is this home worth?
The estimated value of the home located at 243 North Arabella Way is $797,599.
What are some comparable homes to 243 North Arabella Way?
There are currently no comparable homes to 243 North Arabella Way.
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