$1,145,000
●
House -
Off Market
316 SUMMERSET Drive
St Johns, FL 32259
6 Beds
5 Baths
4,301 Ft²
$6,465
Est. Monthly
$100
HOA / Fees
2.87%
Cap Rate
About This Property
*MODERN SOPHISTICATION meets CLASSIC SOUTHERN ELEGANCE in this
NEWLY UPDATED LAKEFRONT CUSTOM POOL HOME on .64 acre estate lot in
Bartram Plantation*Enjoy stunning sunlit pool-to- water views from
almost every room! This spacious home is light & bright, ideal for
family fun, entertaining & multi-generational use. Featuring 4300
sq ft split floor plan with Inviting Owner's Suite + 3 additional
Bedrooms & 3 Bathrooms on the 1st floor & 2 Large Bonus/Bedrooms
upstairs, each with their own full bathroom & closets. Soaring
ceilings, extensive architectural details, designer touches &
closets galore, new 7'' plank luxury wood-look flooring downstairs,
kitchen & bathrooms remodeled with Granite & Quartz countertops &
more! Backyard is Entertainer's Dream featuring Resort-style Pool,
Heated Spa, Rock Waterfalls, Sun Shelf, Spacious Covered Lanai,
Paver Deck & Screen Enclosure + Fire Pit overlooking lake. Plenty
of room to build detached garage. GREAT LOCATION on quiet
CUL-DE-SAC street,NO CDD Additional Features:
Kitchen includes 2 pantries!
Drop Zone in back hall
Oversized Laundry w/ closet
Oversized 3-car side entry garage
New Roof 2019
New water heater 2024
New Spa Heater 2020
New 2-speed variable Pool Pump 2020
New waterfall pump 2019
New Insulation 2017
New HVAC upstairs 2021
New HVAC south side of house 2019
Kitchen includes 2 pantries!
Drop Zone in back hall
Oversized Laundry w/ closet
Oversized 3-car side entry garage
New Roof 2019
New water heater 2024
New Spa Heater 2020
New 2-speed variable Pool Pump 2020
New waterfall pump 2019
New Insulation 2017
New HVAC upstairs 2021
New HVAC south side of house 2019
Unit Size
4,301 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$274
Property Type
House
Property Taxes
$575
HOA Dues
$100
Year Built
2003
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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 #2027480)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by RE/MAX SPECIALISTS | $1,179,000 | |
| Listed by RE/MAX SPECIALISTS | |||
| May 31, 2016 | Sold | ||
| Sold | |||
| Apr 15, 2016 | Listed by RE/MAX SPECIALISTS | $550,000 | |
| Listed by RE/MAX SPECIALISTS | |||
| | |||
|
50K PRICE REDUCTION! TONS OF HOUSE FOR THE MONEY.. This gorgeous home has just been freshly paint inside, and several rooms have new carpet. Situated on a large water view lot with professional landscaping and mature trees. The curb appeal is magnificent. The pavered saltwater pool with custom spa and stacked stone waterfall will make you feel like you are at a tropical resort. The kitchen has a large island & stainless appliances. Upstairs are 2 huge bonus rooms that would be perfect for a mother in law suite or teen hangout/bedroom. 2 of the 3 AC units have recently been replaced and most of the windows have been tinted to keep things cool. Tons of crown molding and art niches throughout. There is storage everywhere. You will not be disappointed!! 3 car garage & more!
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About St. Johns
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Listed by: DENETTE TRIPLETT, RE/MAX SPECIALISTS
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2027480
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.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2027480
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