297 SAWMILL LANDING Drive
About This Property
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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%.
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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 30, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Mar 26, 2025 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed by FLORIDA HOMES REALTY & MTG LLC | $450,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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Waterfront is ready for sale! This beauty in Sawmill Landing is ready for new owner. This 2story home is built by Dream Finders Home. This open floor plan come with 3 bedroom 2 and half bath down stair. Granite Kitchen countertops and 20x20 tile in wet areas. All bedroom is on the 2nd floor. Sawmill Landing is conveniently located just minutes from Historic Downtown St. Augustine restaurants, shopping and beaches, making this community a premier destination to live. LOW HOA and No CDD Fees.
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Property Highlights
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Price/ft²
Listed On
Sold On
About St. Johns
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Last Updated: 7 months ago
Data Source: Real MLS, MLS# 942993
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