3720 JOE ASHTON Road
About This Property
This is a SHORT SALE - REQUIRES BANK APPROVAL OF SHORT SALE.
High and Dry parcel 5.34 acres with large oak trees, near World Golf Village. Two septic tanks, spring fed pond provides irrigation for parcel. Great for Horses, RV Parking.
Sale is based on LAND only. Mobile home and other structures not available for viewing and will remain in AS IS condition.
Joe Ashton is located near CR 13, South of Heritage Landing Community, minutes from I-95 access, stores, restaurants, downtown St. Augustine and Outlet Mall, and yet in a tranquil setting.
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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.
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 7, 2017 | Sold | ||
| Sold | |||
| Feb 3, 2017 | Listed by GPS HOMES REALTY LLC | $195,000 | |
| Listed by GPS HOMES REALTY LLC | |||
| Feb 11, 2015 | Listed by DAVIDSON REALTY, INC. | $229,000 | |
| Listed by DAVIDSON REALTY, INC. | |||
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This land is a must see! Beautiful 5.34 acres with large oak trees in St. Johns County. Bring your horses and your toys! This property is being sold AS-IS. Fix up the current residence or build your dream home. Two septics on property. Home needs a new roof and HVAC repair. Pole barn with loft on property plus large outparcel perfect for large toys and beautiful 1/2 acre stocked spring fed pond. irrigation comes out of pond. Income producing single wide on property has month to month tenant so does the doublewide. Sorry, no interior pictures at this time.
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| Oct 18, 2003 | Listed by DAVIDSON REALTY | $249,000 | |
| Listed by DAVIDSON REALTY | |||
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A rare find! Spacious Double wide with cypress exterior on 5 acres +/- of beautiful property. High ground and zoned for horses. Large pond, barn/workshop. Large deck with above ground pool. Income producing single wide on property rents for $600/month. EZ to show.
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Property Highlights
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About St. Johns
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 865469
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