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St. Johns 32259
263 MAHOGANY BAY Drive
$259,900
● House - Off Market

263 MAHOGANY BAY Drive

St Johns, FL 32259
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,309 Ft²
$484,565
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

***Back Ups Accepted*** CDD IS PAID!  This lovely 4bed/3bth home offers a one of a kind opportunity over other resales or construction in the entire area. You only have the O&M each year which is less than most HOA fees per year! This is a move in ready home with fantastic lakefront to preserve views on a quiet cul-de-sac street. Large eat-in kitchen, split floor plan, open great room/dining area and screened lanai overlooking the lake. Super clean and ready for immediate closing! A-rated St Johns schools! Custom built-ins in owner's closet, eat-in kitchen, 42'' cherry cabinets, breakfast bar, large 3-car garage and more.
Unit Size
2,309 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
House
Property Taxes
-
HOA Dues
$595
Year Built
2008

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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: 2 years ago (Real MLS #728960)

Price History

Date / Event Date Event Price
Jan 13, 2015 Sold
Premium
Sold
Jul 22, 2014 Listed by RE/MAX UNLIMITED $259,900
Listed by RE/MAX UNLIMITED
Apr 3, 2014 Listed by RE/MAX UNLIMITED $264,900
Listed by RE/MAX UNLIMITED
Jul 29, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 618
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,927
  • Gross Building Area: 3,103
  • Building Area: 2,309
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,309
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ABERDEEN (DR HORTON-PHASE 1)
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 60/58-78 ABERDEEN (DR HORTON - PHASE 1) LOT 162 OR5232/1403

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020809

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 10D
  • Subdivision Phase Number: 1
  • Parcel: 009762-1620
  • Lot: 162
  • Meridian: SEC 04 TWN 05S RNG 27E
  • Municipality: ABERDEEN
  • Latitude: 30.0905
  • Longitude: -81.5961

    Address

  • Full Address: 263 Mahogany Bay Dr
  • Address - House Number: 263
  • Address - Street Name: Mahogany Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: H014
  • 4-Digit Zip Code: 6951
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 2,689
  • Tax Year: 2022
  • Tax Amount: $311,378
  • Tax Rate Code Area: 307

    Appraisal Valuation

  • Standard Deviation: 0.1609
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 535,479
  • High Value: 621,653
  • Low Value: 449,306

    Market Valuation

  • Market Total Value: $353,340
  • Market Land Value: $84,000
  • Market Improvement Value: $269,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $203,118

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 08, 2015
  • Current Sale Recording Date: Jan 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015002202
  • Previous Sale Recording Date: Jul 29, 2008
  • Previous Sale Contract Date: Jul 21, 2008
  • Previous Sale Amount: $269,016
  • Previous Sale Document Type: 20
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:

$519,990

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

83

Average Home Size

3001 ft²

Average Home Age

16.9 years

Currently For Sale

2004 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 312 W Adelaide Drive, St. Johns, FL, 32259

$2,695 /mo

  • 4 Beds
  • 2 Baths
  • 2,061 ft²
312 W Adelaide Drive, St. Johns, FL, 32259 Listing by SUDHA BHARATHAN THAYVER
Unit for rent at 161 Flower Of Scotland Avenue, St. Johns, FL, 32259

$2,775 /mo

  • 5 Beds
  • 3 Baths
  • 2,611 ft²
161 Flower Of Scotland Avenue, St. Johns, FL, 32259 Listing by CHRISTY FADER

Rentals Near You

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

Listed by: KIMBERLEY SANDBERG, RE/MAX UNLIMITED
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 728960
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 263 Mahogany Bay Drive built and last sold?
The property at 263 Mahogany Bay Drive was built in 2008 and last sold on Jan 8, 2015 for $259,900.
How much is this home worth?
The estimated value of the home located at 263 Mahogany Bay Drive is $279,195.
What are some comparable homes to 263 Mahogany Bay Drive?
There are currently no comparable homes to 263 Mahogany Bay Drive.
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