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St. Johns 32259
248 RED CEDAR Drive
$395,383
● House - Off Market

248 RED CEDAR Drive

St. Johns, FL 32259
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,285 Ft²
$661,773
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

*UNDER CONSTRUCTION* *Sample photos* Conveniently located In St Johns County, this customized Boca II plan built with Advantech flooring and Zip System technology provides a great seal and superior stability backed with a 30 year panel warranty. This beautiful one story plus Bonus home features a 4br/4bath, with upstairs loft and 3-car garage. The gourmet kitchen includes a granite California Island and stainless steel appliances. This home also features a large 9' x 8' sliding glass door overlooking the covered Lanai. Not to be outdone by the rest of the home, the owner's bath is highlighted by raised vanities, cultured marble, corner tub, tiled walk-in shower with framed glass enclosure, and large walk-in closets with plenty of room. All main areas including the Family Room, Cafe,... Cafe,...
Unit Size
3,285 Ft²
Days on Market
201 days
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
2016

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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: 7 months ago (Real MLS #817916)

Price History

Date / Event Date Event Price
Oct 13, 2016 Sold
Premium
Sold
Sep 1, 2016 Sold
Premium
Sold
Mar 11, 2016 Listed by DREAM FINDERS REALTY LLC $391,990
Listed by DREAM FINDERS REALTY LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • 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: 675
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,147
  • Total Building Area: 3,961
  • Gross Building Area: 3,961
  • Building Area: 3,286
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,286
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR POINT
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 78/90-94 CEDAR POINT LOT 6 OR4269/765

Neighborhood

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

Geography

  • Assessors Map Reference: 33D
  • Parcel: 026344-0060
  • Block: 1
  • Lot: 6
  • Meridian: SEC 17 TWN 05S RNG 28E
  • Municipality: COUNTY
  • Latitude: 30.0716
  • Longitude: -81.5163

    Address

  • Full Address: 248 Red Cedar Dr
  • Address - House Number: 248
  • Address - Street Name: Red Cedar
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: R190
  • 4-Digit Zip Code: 2209
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 3,710
  • Tax Year: 2022
  • Tax Amount: $464,104
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 784,272
  • High Value: 902,534
  • Low Value: 666,010

    Market Valuation

  • Market Total Value: $580,890
  • Market Land Value: $128,800
  • Market Improvement Value: $452,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $383,493

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2016
  • Current Sale Recording Date: Oct 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016066513
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Amount: $395,400
  • Previous Sale Document Type: 27
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

2224 ft²

Average Home Age

17 years

Currently For Sale

2845 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 3125 E Banister Road, St. Augustine, FL, 32092

$3,195 /mo

  • 5 Beds
  • 3 Baths
  • 3,036 ft²
3125 E Banister Road, St. Augustine, FL, 32092 Listing by DIANNE PATTERSON

Rentals Near You

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

Listed by: BATEY MCGRAW, DREAM FINDERS REALTY LLC
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 817916
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 248 Red Cedar Drive built and last sold?
The property at 248 Red Cedar Drive was built in 2016 and last sold on Sep 28, 2016 for $395,383.
How much is this home worth?
The estimated value of the home located at 248 Red Cedar Drive is $0.
What are some comparable homes to 248 Red Cedar Drive?
There are currently no comparable homes to 248 Red Cedar Drive.
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