425 SILKGRASS Place
About This Property
Upstairs, a versatile loft and a private ensuite bedroom offer an ideal retreat for teens, guests, or in-laws, featuring their own bedroom, bath, and living area for added comfort and privacy. Whether hosting celebrations or enjoying quiet evenings, this thoughtfully designed home perfectly blends elegance, functionality, and the tranquility of its picturesque setting.
Beyond the home itself, Rivertown's amenities truly set it apart, allowing residents to enjoy a vibrant and active lifestyle right at their doorstep. From riverfront pools and game rooms to fitness centers and sports courts, there's something for everyone to love. Miles of scenic nature trails and dedicated play areas offer endless opportunities for outdoor fun and relaxation, making every day feel like a getaway in this extraordinary community.
Top-rated St. Johns County schools complete the package, making this an exceptional place to call home.
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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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Relisted | $675,000 | |
| Relisted | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by RE/MAX SPECIALISTS | $675,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017