396 FRESHWATER Drive
About This Property
Welcome to this very upgraded and exquisite home featuring 12 foot ceilings, spacious open floorpan with 4 bedrooms, 2.5 bathrooms and wooded preserve in the front and the back!
This home has a nice, large covered entryway, spacious with engineered hardwood floors in main area, upgrades galore and shows like a model home.
Nicely appointed gourmet kitchen featuring quarts countertops, DOUBLE stacked cabinets, large center island, walk in pantry, upgraded cabinets with soft close, 5 burner gas cooktop & upgraded oven/microwave tower. 4 bedrooms, and two & a half bathrooms make this home very versatile. Primary bedroom is located in the back of the home with bay window and views of the preserve. Primary bedroom is spacious and tucked away, the primary bathroom has double sinks, frameless shower & soaking tub! This home is complimented with a nice eating area right off the kitchen, nice spacious family room, sliding glass door to the covered screen lanai with a privacy wall and pre-plumbed for an outdoor kitchen. Sit back and relax by watching the preserve and birds from the lanai. Natural light and high ceilings (12 ft ceilings) make this home feel grand. Enjoy the Boathouse amenities, pool, playground, walking paths, gated community and one of the top rated schools in Florida. Conveniently located near soccer & sports fields and other St Johns County amenities as well as easy access to the highway, shopping and restaurants.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Price Decreased |
$595,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $599,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
| Jan 3, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017