315 GENOA Road
About This Property
Does your vision of a Florida lifestyle include Ocean views and a morning stroll on the beach? Are you looking for a unique neighborhood where all of the houses are of different architecture and NOT cookie-cutter? How about a convenient location close to shopping and everything downtown St Augustine has to offer? Well, all of that and more is waiting for you at 315 Genoa Rd in Porpoise Point. This lovingly maintained home has views of the Atlantic Ocean, the Inlet and Lighthouse. Watch the boats go by and listen to the waves from the expansive decks on this 3 story home. Of course, being this close to the beach there is also an outdoor shower and a wonderful patio with new pavers. Along with the beautiful wood floors, fireplace, chandeliers, granite counters and stainless steel appliances there is a claw foot tub in the master bath! There are 4 bedrooms, each with ample closets one of which is currently being used as an office. Needless to say, it also has peaceful views of the water.
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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 |
|---|---|---|---|
| May 10, 2017 | Sold | ||
| Sold | |||
| Mar 5, 2017 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $650,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| Nov 22, 2015 | Listed by COLDWELL BANKER PREMIER PROPERTIES | $669,000 | |
| Listed by COLDWELL BANKER PREMIER PROPERTIES | |||
| Oct 31, 2015 | Listed by WATSON REALTY CORP | $712,500 | |
| Listed by WATSON REALTY CORP | |||
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STEPS FROM THE SAND IN DESIRABLE PORPOISE POINT! Captivating three story beach house with magnificent views of the Atlantic Ocean, St Augustine inlet and downtown St. Augustine from its 3 balconies. Large screened lanai with 220 elec outlet for your hot tub overlooking beautifully-landscaped, fully-fenced backyard with plenty of room for a pool. Enjoy cookouts on the new (2014) massive outside pavered patio. Second floor living & dining area has cherry hardwood floors, exquisite oversized granite island, and views from every window and GE appliances in the kitchen. Gas fireplace and porch swing make this level perfect for relaxing or entertaining. Large master suite features its own balcony, 2 walk-in closets, and walk-in shower with separate claw foot bathtub. Oversized 2 car garage offers multiple storage areas to accommodate your beach toys and could be converted into a third garage space. After you hit the beach your outside shower is waiting for you. Don't miss this one!
Chandelier in dining area does not convey.
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| Mar 16, 2009 | Sold | ||
| Sold | |||
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About Villano Beach
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 822846
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