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Nocatee 32081
261 MAJESTIC EAGLE Drive
$575,000
● House - Off Market

261 MAJESTIC EAGLE Drive

Ponte Vedra, FL 32081
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,289 Ft²
$657,799
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Have Accepted Contract waiting on Signatures.   Screened Saltwater Pool Home on a Wooded Preserve Lot in WillowCove of Nocatee! Single Story w a 3 Car Tandem Garage. Open Floor Plan w Lots of Natural Light. Gourmet Kitchen w Huge Island, Granite Counters & Stainless Appliances. Home could be used as a 3 or 4 bedrm. Currently configured w 2 Large Master Suites, a 3rd Bedrm and an Office. The 2nd Master is lg enough to be a shared rm or Multigenerational & the office could be converted to 4th bedrm. Upgrades throughout, Paver Driveway & Patio, 10' Doors, Specialty Trim & Mouldings, Trey Ceilings, Surround Sound, Water Softener, Huge Closets & Storage Galore! Enjoy All of Nocatee's Amazing Amenities incl Pools, Fitness Center, Playgrounds, Dog Parks, Trails, Kayak Launch. A+ Schools-
Unit Size
3,289 Ft²
Days on Market
-
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
$60
Year Built
2014

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (Real MLS #1094600)

Price History

Date / Event Date Event Price
Mar 18, 2021 Sold
Premium
Sold
Feb 11, 2021 Listed by EDGEWATER REALTY LLC $529,000
Listed by EDGEWATER REALTY LLC
Jul 20, 2016 Sold
Premium
Sold
Feb 11, 2016 Listed by EDGEWATER REALTY LLC $525,000
Listed by EDGEWATER REALTY LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 1
  • 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
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 602
  • Parking Space Count: 2
  • Patio Type: 73
  • Porch Type: 111
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 3,699
  • Gross Building Area: 3,981
  • Building Area: 3,097
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,097
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOWCOVE PHASE 2
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 65/72-84 WILLOWCOVE PHASE 2 LOT 143 OR5211/1557 & 5404/596(Q/C)

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020605

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 90D
  • Subdivision Phase Number: 2
  • Parcel: 070272-1430
  • Block: 1
  • Lot: 143
  • Meridian: SEC 06 TWN 05S RNG 29E
  • Municipality: TOLOMATO
  • Latitude: 30.098
  • Longitude: -81.421

    Address

  • Full Address: 261 Majestic Eagle Dr
  • Address - House Number: 261
  • Address - Street Name: Majestic Eagle
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ponte Vedra
  • Carrier Code: H053
  • 4-Digit Zip Code: 0571
  • Zip Code: 32081

Valuation

    Tax

  • Total Area: 3,549
  • Tax Year: 2022
  • Tax Amount: $1,024,502
  • Tax Rate Code Area: 312

    Appraisal Valuation

  • Standard Deviation: 0.1609
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 915,258
  • High Value: 1,062,587
  • Low Value: 767,928

    Market Valuation

  • Market Total Value: $617,000
  • Market Land Value: $145,600
  • Market Improvement Value: $471,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $617,000
  • Assessed Land Value: $145,600
  • Assessed Improvements Value: $471,400

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021030330
  • Previous Sale Recording Date: Jul 20, 2016
  • Previous Sale Contract Date: Jul 19, 2016
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: 71
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 Nocatee

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$300

Below Asking

0.02%

Average Days on Market

88

Average Home Size

2313 ft²

Average Home Age

5.7 years

Currently For Sale

187 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

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Real MLS

Listed by: SONDRA TRACY, EDGEWATER REALTY LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1094600
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 261 Majestic Eagle Drive built and last sold?
The property at 261 Majestic Eagle Drive was built in 2014 and last sold on Mar 15, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 261 Majestic Eagle Drive is $557,287.
What are some comparable homes to 261 Majestic Eagle Drive?
There are currently no comparable homes to 261 Majestic Eagle Drive.
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