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St. Johns 32084
361 CAPE Avenue
$368,000
● House - Off Market

361 CAPE Avenue

St Augustine, FL 32084
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,531 Ft²
$374,412
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Completely remodeled in 2019, this stunning 3/2 home offers a blend of coastal charm and modern comfort.  No HOA. Short term rentals permitted as short as daily being outside downtown limits, yet only minutes to the historic district. Among updates: metal roof, spray foam insulation, plumbing, septic & drain field, electrical service, hvac, updated kitchen, stainless appliances, updated bathrooms, light fixtures, windows, sprinkler system, fully fenced and is on a double lot.  Large backyard with screened porch perfect for entertaining or just enjoying the beautiful weather. Located in a quiet & peaceful neighborhood.  Has ample off-street parking. Seller is offering an additional $18,000 negotiable option - to purchase home fully furnished. Furnishings are not included in purchase price.
Unit Size
1,531 Ft²
Days on Market
-
Land Size
-
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 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 #1213988)

Price History

Date / Event Date Event Price
Apr 21, 2023 Sold
Premium
Sold
Feb 22, 2023 Listed by MOMENTUM REALTY $368,000
Listed by MOMENTUM REALTY
Oct 6, 2021 No longer available -
No longer available
Jun 15, 2020 Sold
Premium
Sold
May 17, 2020 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,531
  • Gross Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,531
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PONCE DE LEON HEIGHTS
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 3-72 PONCE DE LEON HEIGHTS RESUB OF LOT 1 POMAR PLAT LOT 15 & 16 BLOCK A OR4964/698

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021002

Zoning

  • Zoning: RS3

Geography

  • Assessors Map Reference: 162B
  • Parcel: 089510-0000
  • Block: A
  • Lot: 1,15-
  • Meridian: SEC 12 TWN 07S RNG 29E
  • Municipality: SOUTH PONTE VEDRA & US1-NORTH
  • Latitude: 29.9125
  • Longitude: -81.3409

    Address

  • Full Address: 361 Cape Ave
  • Address - House Number: 361
  • Address - Street Name: Cape
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: C009
  • 4-Digit Zip Code: 2419
  • Zip Code: 32084

Valuation

    Tax

  • Total Area: 1,480
  • Tax Year: 2022
  • Tax Amount: $318,581
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 77
  • Final Value: 362,166
  • High Value: 425,607
  • Low Value: 298,725

    Market Valuation

  • Market Total Value: $253,939
  • Market Land Value: $52,080
  • Market Improvement Value: $201,859

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $253,939
  • Assessed Land Value: $52,080
  • Assessed Improvements Value: $201,859

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30021
  • Previous Sale Recording Date: Jun 15, 2020
  • Previous Sale Contract Date: Jun 12, 2020
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Johns

Stats & Trends

Median Asking:

$520,000

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

83

Average Home Size

2211 ft²

Average Home Age

17.1 years

Currently For Sale

1969 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2855 N Eighth Street, St. Augustine, FL, 32084

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,170 ft²
2855 N Eighth Street, St. Augustine, FL, 32084 Listing by LORRI REYNOLDS

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: JAY WIKE, MOMENTUM REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1213988
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.

Frequently Asked Questions

When was property at 361 Cape Avenue built and last sold?
The property at 361 Cape Avenue was built in 1959 and last sold on Apr 10, 2023 for $368,000.
How much is this home worth?
The estimated value of the home located at 361 Cape Avenue is $0.
What are some comparable homes to 361 Cape Avenue?
There are currently no comparable homes to 361 Cape Avenue.
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