408 REDBAY Court
About This Property
Spanning a generous 3,616 square feet, this home features a luxurious primary suite and 2 well appointed secondary bedrooms on the main floor, with a private bonus suite upstairs. A spacious kitchen adorned with custom cabinetry featuring under & over cabinet lighting is truly the heart of the home. A generous working island with a Wolfe induction cooktop and a 48-bottle wine cooler will soon be a favorite gathering spot. Stainless GE Cafe appliances, Scotsman Ice Maker and plenty of granite counter space for preparing a quick bite or gourmet meal will cater to all culinary enthusiasts. The breakfast nook is both light filled and practical, while the stunning family room seamlessly connects to the gourmet kitchen and screened lanai, perfect for entertaining. Renovations and upgrades include a newer roof (2018), replacement of (3) A/C units (2021 & 2023), pool demarcate (2022), new pool equipment (2021) and a separate deep irrigation well for lawn sprinkler system. French doors lead to the screened lanai and covered patio, extending the living space outdoors. Your resort style pool is a captivating oasis that beckons with its shimmering waters, waterfall and promises of relaxation and enjoyment. Outdoor entertaining is further complemented by a Summer Kitchen with gas grill (replaced 2022), and Travertine tile pool deck. The primary suite is a welcome retreat with a lighted decorative niche, double trey ceiling and sitting area overlooking the serene natural area behind the home. Ensuite primary bath offers expansive dual walk-in closets with closet organizers, walk-in Tile shower, jetted Garden soaking tub and his/ her vanities. Additional features of the home include a downstairs guest suite/office, 2 secondary bedrooms w/ Jack n Jill bath, a private upstairs bedroom with attached bath that could easily be used as a flex space to fit your needs. With fabulous curb appeal and a courtyard entry garage, the property is located on a quiet cul-de-sac surrounded by preserve on the side and back of the home. Residents of Royal Pines enjoy access to King & Bear resort-style amenities and are zoned to the highly-rated St. Johns County schools. Amenities include a Clubhouse, Pool, Fitness Center, 2 championship Golf Courses, The First Tee Golf Academy, Tennis, Pickleball, Playground & Jogging Path. Ideally located just a short drive to fun & relaxation in historic St Augustine or at one of the beautiful white sand beaches of St Augustine and Ponte Vedra. Nearby medical facilities include a new Baptist / Wolfson Emergency & Imaging Center, St Vincents Hospital & Flagler Urgency Care center. Shopping and dining options abound all within 10-15 mins including both a newly built Publix and Costco. This special home offers a coveted blend of luxury and convenience in a one-of-a-kind picturesque setting, don't wait book your tour today!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $1,050,000 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017