$1,285,000
●
House -
Off Market
247 S MATANZAS Boulevard
St Augustine, FL 32080
3 Beds
2 Baths
2,205 Ft²
$1,526,815
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
One of a kind Intracoastal front home with views of historic
downtown St. Augustine! This elevated concrete block ranch home was
constructed in 1976 for the current owners by local builder A. D.
Davis. Its location on the Intracoastal offers both privacy among
the mangroves and incredible views of both downtown and the river.
The in-ground pool provides the perfect place to relax, unwind, and
take in the natural beauty of waterfront living. The home's
interior features a split floor plan with 3 bedrooms, 2 baths, a
large kitchen, and multiple livings areas - all with bright windows
and sliders to maximize that view.
Unit Size
2,205 Ft²
Days on Market
-
Land Size
-
Price per sqft
$658
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #1138549)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 11, 2022 | No longer available | - | |
| No longer available | |||
| Feb 11, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | In contract | - | |
| In contract | |||
| Nov 8, 2021 | Listed by Watson Realty Corp (A1A) | $1,450,000 | |
| Listed by Watson Realty Corp (A1A) | |||
| | |||
|
One Of A Kind Intracoastal Front Home With Views Of Historic Downtown St. Augustine! This Elevated Concrete Block Ranch Home Was Constructed In 1976 For The Current Owners By Local Builder A. D. Davis. Its Location On The Intracoastal Offers Both Privacy Among The Mangroves And Incredible Views Of Both Downtown And The River. The In-ground Pool Provides The Perfect Place To Relax,Unwind,And Take In The Natural Beauty Of Waterfront Living. The Home's Interior Features A Split Floor Plan With 3 Bedrooms,2 Baths,A Large Kitchen,And Multiple Livings Areas - All With Bright Windows And Sliders To Maximize That View. The manager has listed the unit size as 2205 square feet.
| |||
| Oct 25, 2021 | Listed by WATSON REALTY CORP | $1,450,000 | |
| Listed by WATSON REALTY CORP | |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About South Davis Shores
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Listed by: AMY GIBBS, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1138549
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1138549
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