3051 USINA Road
About This Property
One of the standout features of this property is the detached shop, built in 2018 and equipped with A/C and fans. Whether you're looking for a workshop, hobby space, additional storage, or room for your next project, this versatile space offers so many possibilities. An RV outlet installed in 2024 adds even more functionality for those with an RV, camper, or additional recreational equipment.
The sellers have continued to invest in and maintain the property with numerous improvements over the years. A new commercial 4-inch well and salt filtration system were installed in June 2026, and the driveway was upgraded with asphalt millings in March 2026. Outdoor improvements include a new front deck completed in December 2025, new front railings added in January 2026, and updated rear railings completed in October 2025.
Additional updates include a 50-gallon water heater, updated water-saving toilets, refrigerator, and sump pump. These improvements, combined with the property's generous outdoor space and useful detached shop, make this a home that's ready for its next owners to enjoy.
If you've been searching for a property where you can spread out, work on projects, park your recreational vehicles, enjoy the outdoors, and have a little more breathing room without feeling far removed from town, this one offers the best of both worlds. Enjoy the peaceful feeling of country living while remaining conveniently close to the shopping, restaurants, and amenities of St. Augustine. There's plenty of room to make this property your own and enjoy the lifestyle that comes with having space, privacy, and versatility.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$424,000
↓ $19K
(4.3%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by PREMIER HOMES REALTY INC | $443,000 | |
| Listed by PREMIER HOMES REALTY INC | |||
| Jun 13, 2011 | Sold | ||
| Sold | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017