415 NARVAREZ Avenue
About This Property
Welcome to Entrada! In historic St. Augustine, FL. This natural gas community will feature one and two-story open concept home plans at an affordable price!
Located off SR-207, Entrada is zoned for top-rated St. Johns County Schools and is minutes away from excellent shopping and dining.
Highlights Include:
-Wide, spacious home sites
-Home sites with lake or preserve views
-Located near the historic St Augustine area and outlet malls
-New pool, community center, and tot lot coming soon
-Highly Rated St. Johns School District
-Individual home-site premiums are not reflected
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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%.
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 |
|---|---|---|---|
| Mar 30, 2023 | Sold | ||
| Sold | |||
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| May 3, 2022 | Listed by D.R. Horton - North Florida | $493,990 | |
| Listed by D.R. Horton - North Florida | |||
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The Elton is perfect for those looking for two main bedrooms. The plan features a spacious floor plan of 2,033 square feet. It has two main bedrooms, 1 guest bedroom, three baths, large covered lanai and a two-car garage. The Elton plan offers an open living area, spacious kitchen with a large center island, and granite kitchen counters. The two main suites also include vaulted ceilings and large bathrooms with dual comfort height vanities, walk in showers, and oversized walk-in closets. The manager has listed the unit size as 2033 square feet.
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About St. Johns
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1165613
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