3090 MONUMENT BAY Road
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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.
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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 23, 2026 | Price Decreased |
$2,200,000
↓ $125K
(5.4%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by HERRON REAL ESTATE LLC | $2,325,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Nov 16, 2024 | Listed | $3,500,000 | |
| Listed | |||
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This secluded & serene property is a rare opportunity to live your rural dream in St. Johns County. It is comprised of 2 parcels totaling approximately 18.26 acres of timberland, pasture, a main residence & adjunct structures. The Key West style home was recently updated & features an open concept floor plan. The kitchen is light & bright & opens to the family room. The library could double as a dedicated study or guest bedroom. The primary boasts separate his and hers baths. The expansive rear deck is the perfect place to gather for cookouts or to simply take in all the beauty that the natural setting offers. Adjunct structures include several storage sheds, a cracker style barn & a steel shop on a concrete slab. The current use is Agriculture & Timberland. The property is conveniently located 5 minutes from I-95 & the St. Augustine Outlet Mall with a Publix coming soon off SR-16. The La Hacienda Subdivision is organized to protect from the subdivision into smaller parcels. This property offers a plethora of unique opportunities ranging from agritourism or a family farm plan and includes certain agricultural related and home business ventures.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017