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St. Johns 32084
2948 N 3RD Street
$260,000
● House - Off Market

2948 N 3RD Street

St Augustine, FL 32084
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,415 Ft²
$1,488
Est. Monthly
9.16%
Cap Rate

About This Property

This property is fixer-upper, in the heart of St. Augustine. The home is centrally located and close to historic downtown, beaches, restaurant, shopping, with a short distance to I-95 for an easy commute. The home is located on 0.30 acre lot with plenty of space to store your toys. There is no HOA nor CDD fees and the home is located in St Johns County with 'A' rated and best schools in the state. The home has 3 nice size bedrooms, 1.5 baths, metal roof. The home is currently rented, but it would be perfect as a first home, or as an income producing rental
Unit Size
1,415 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$184
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1958

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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 #2042984)

Price History

Date / Event Date Event Price
Feb 9, 2025 No longer available -
No longer available
Jan 14, 2025 Withdrawn -
Withdrawn
Aug 7, 2024 Listed by FLORIDA HOMES REALTY & MTG LLC $260,000
Listed by FLORIDA HOMES REALTY & MTG LLC
Jun 15, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed by FLORIDA HOMES REALTY & MTG LLC $210,000
Listed by FLORIDA HOMES REALTY & MTG LLC

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 214
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,415
  • Gross Building Area: 1,415
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PONCE DE LEON HEIGHTS UNIT 1
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 3-73 PONCE DE LEON HEIGHTS LOTS 14 & 16 BLK 19 INCL OVERLAP OF SEC 56-7S-29E IN DB239/402 OR5291/1415

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020903

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: 142D
  • Parcel: 086030-0000
  • Block: 19
  • Lot: 14,16
  • Meridian: SEC 02 TWN 07S RNG 29E
  • Municipality: SOUTH PONTE VEDRA & US1-NORTH
  • Latitude: 29.9205
  • Longitude: -81.3503

    Address

  • Full Address: 2948 N 3rd St
  • Address - House Number: 2948
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: C035
  • 4-Digit Zip Code: 1803
  • Zip Code: 32084

Valuation

    Tax

  • Total Area: 1,481
  • Tax Year: 2022
  • Tax Amount: $253,601
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 260,659
  • High Value: 305,621
  • Low Value: 215,698

    Market Valuation

  • Market Total Value: $178,883
  • Market Land Value: $56,000
  • Market Improvement Value: $122,883

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $178,883
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $122,883

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021066889
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:

$519,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2223 ft²

Average Home Age

16.9 years

Currently For Sale

2849 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 607 Lake Sinclair Street, St. Augustine, FL, 32084

$2,350 /mo

  • 3 Beds
  • 3 Baths
  • 2,126 ft²
607 Lake Sinclair Street, St. Augustine, FL, 32084 Listing by EVANS M FRANCOIS

Rentals Near You

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

Listed by: RAY FELICIANO, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2042984
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 2948 North 3rd Street built and last sold?
The property at 2948 North 3rd Street was built in 1958 and last sold on Jun 9, 2021 for $205,000.
How much is this home worth?
The estimated value of the home located at 2948 North 3rd Street is $0.
What are some comparable homes to 2948 North 3rd Street?
There are currently no comparable homes to 2948 North 3rd Street.
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