408 TALBOT BAY Drive
About This Property
The second floor includes a loft with lovely lake and fountain views, a large master suite with a huge walk-in closet with separate shower and tub and dual sink vanity in the bath and two other bedrooms each with walk-in closets and a laundry room. Situated in the desirable Grand Cay neighborhood, this elegant, one owner, well maintained home is move-in ready. The home is a 2 story, 3 bedroom, 2.5 bath, and includes formal dining room , powder room , family room and a beautiful dine-in kitchen with granite counters and Tuscan granite tile backsplash on the first floor. The sliding doors lead onto an expanded concrete patio, perfect for outdoor entertaining with a large fenced in backyard, with views of the pond and fountain. The backyard can accommodate a future pool. Two car garage.
The second floor includes a loft with lovely lake and fountain views, a large master suite with a huge walk-in closet with separate shower and tub and dual sink vanity in the bath and two other bedrooms each with walk-in closets and a laundry room. Other upgrades include beautiful wood floors on both levels of the home, quality ceramic tile flooring, blinds, recessed lighting, window treatments, alarm system, glass front entry door and surround sound speakers in family room.
Grand Cay is nestled in the southern area of St. Augustine, has a low HOA and is conveniently located to the beaches, schools, shopping, grocery, hospitals, historic downtown and US 95
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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%.
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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 |
|---|---|---|---|
| Jul 22, 2021 | Sold | ||
| Sold | |||
| Dec 9, 2019 | Listed by ANCIENT CITY REAL ESTATE LLC | $314,900 | |
| Listed by ANCIENT CITY REAL ESTATE LLC | |||
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Lake views, massive fenced-in back yard, and plenty of room for you and your family!! You are going to LOVE this beautiful and well-maintained 2 story Tuscan-style home situated in the desirable Grand Cay neighborhood. This home offers over 2500 SF, 3 bedrooms, 2.5 bathrooms, and includes a formal dining room, half bath, large family room, and a dine-in kitchen. The kitchen boasts granite countertops, stainless steel appliances, an island, and a generously sized pantry with plenty of storage/space. Back yard BBQs on your oversized concrete patio will be a frequent affair, all while taking in your expansive lake views. The bedrooms are on the second floor, including a loft which could be utilized as a home office, game room, or walled off to make a 4th bedroom. The master bedroom has a large walk-in closet and the en-suite offers a soaking tub, shower, and double vanity sink. With everything this house offers, it will quickly become your home. Grand Cay has a low HOA and is conveniently located close to the beaches, schools, shopping, grocery, hospitals, historic downtown and I-95. Book your showing today!!
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| Apr 20, 2018 | Sold | ||
| Sold | |||
| Feb 1, 2018 | Listed by WATSON REALTY CORP | $289,900 | |
| Listed by WATSON REALTY CORP | |||
| Feb 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017