261 LOST LAKE Drive
About This Property
Built in 2017, this beautifully appointed 2,376 sq. ft. home offers 4 bedrooms, 3 baths, and an open floor plan with wood-look tile, crown molding, custom blinds, and tranquil preserve views.
The gourmet kitchen features quartz countertops, tile backsplash, upgraded cabinetry, stainless appliances, double ovens, an icemaker, large island, and walk-in pantry. The owner's suite offers tray ceilings, preserve views, a walk-in closet, dual vanities, garden tub, and separate tiled shower.
Enjoy peaceful mornings and relaxing evenings on the covered screened lanai overlooking the preserve. Located in a gated community with a low HOA and no CDD fees, and convenient to beaches, shopping, dining, historic St. Augustine, and highly rated St. Johns County schools.
Beautifully maintained, move-in ready, and perfectly located.
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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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$565,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Sep 15, 2026 | Price Decreased |
$570,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$575,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$580,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$585,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017