254 ST JOHNS DRIVE
About This Property
Listed By
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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 |
|---|---|---|---|
| Apr 25, 2026 | Price Decreased |
$1,950,000
↓ $150K
(7.1%) | |
| Price Decreased | |||
| Jan 5, 2026 | Listed by THE BARNETT GROUP, INC. | $2,100,000 | |
| Listed by THE BARNETT GROUP, INC. | |||
| Sep 4, 2024 | Relisted | $2,400,000 | |
| Relisted | |||
| Aug 17, 2024 | No longer available | - | |
| No longer available | |||
| Feb 10, 2023 | Listed by THE BARNETT GROUP INC | $2,400,000 | |
| Listed by THE BARNETT GROUP INC | |||
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Fantastic development opportunity for a secluded private estate or potential residential community. 20+ acres on the St Johns River with approximately 2000 feet of water frontage. There is an existing dock and boathouse structure on the SE point of the property. Incredible water views of this wide
section of the St Johns River. This southern point wraps around to a creek mouth to the west. This location has tremendous potential, its approximately 10 miles North of the historic town of Palatka and about 18 miles south of Green Cove Springs. This is a unique Riverfront offering! Additionally, the adjacent property to the West of 276 acres is being offered in conjunction with this Riverfront parcel for a total of 296 acres, the list price for both is $5,800,000
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017