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2844 OAKGROVE Avenue
About This Property
Welcome to this exceptional 5-bedroom, 4-bath, 4 car garage estate set on .76 acres overlooking a breathtaking golf course with lake views. Perfectly positioned on a world-class course designed by Arnold Palmer and Jack Nicklaus, this home offers an unmatched blend of luxury, privacy, and flexibility for extended living. Step inside to discover expansive living spaces, abundant natural light, and thoughtfully designed rooms ideal for both everyday comfort and elegant entertaining. A standout feature is the in-law suite, complete with its own private entrance, garage, living room, bedroom, walk in closet and bathroom offering independence and convenience for guests or loved ones. The suite is piped for a full kitchen, making it a true secondary residence within the home. Plenty of room for a pool! Centrally located to Shopping, Downtown St. Augustine, Beaches, 95 and Jacksonville.
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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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Relisted | $1,075,000 | |
| Relisted | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Mar 30, 2026 | Price Decreased |
$1,075,000
↓ $75K
(6.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About World Golf Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017