32 WATERLINE Drive
About This Property
This thoughtfully enhanced single-story home showcases refined finishes and designer touches throughout. Features include a gas fireplace with custom illuminated built-ins, crown molding, and newly customized organizers in the spacious primary closet. The open-concept layout blends comfort and elegance, creating the perfect space for everyday living and entertaining.
Enjoy a short walk or golf cart ride to Beachwalk's world-class amenities, including white-sand beaches, kayaking, paddleboarding, swim-up bar, and a true resort-style atmosphere that feels like vacation every day.
Residents also benefit from top-rated St. Johns County schools, convenient access to shoppin $4,500 Lender Credit if Buyer choose to utilize preferred lender - First Coast Mortgage. See attached document.
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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 |
|---|---|---|---|
| Aug 11, 2026 | Price Decreased |
$609,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jul 27, 2026 | Price Decreased |
$619,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$624,900
↓ $25K
(3.9%) | |
| Price Decreased | |||
| May 17, 2026 | Price Decreased |
$649,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Apr 11, 2026 | Price Decreased |
$659,900
↓ $19K
(2.8%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017