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Nocatee 32081
48 FAIRHOPE Drive
$381,350
● House - Off Market

48 FAIRHOPE Drive

Ponte Vedra, FL 32081
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,246 Ft²
$593,221
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

This 2 story home devotes the whole downstairs to family living and entertaining with a private study as well, should you choose to work from home. An extended covered lanai is accessed via sliding glass doors leading to a small side yard. The second floor is giving to bedroom accommodation with a retreat and the utility room for convenience. Well planned and organized layout. Ready February 2018
Unit Size
2,246 Ft²
Days on Market
-
Land Size
-
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
$46
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Real MLS #906969)

Price History

Date / Event Date Event Price
Jun 15, 2018 Sold
Premium
Sold
Oct 27, 2017 Listed by WEEKLEY HOMES REALTY $391,350
Listed by WEEKLEY HOMES REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 1
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 453
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,703
  • Gross Building Area: 2,703
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANIEL PARK AT TOWN CENTER
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 84/55-64 DANIEL PARK AT TOWN CENTER LOT 41 OR4564/108 & 5061/1966(Q/C)

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020605

Geography

  • Assessors Map Reference: 90A
  • Parcel: 068059-0410
  • Block: 1
  • Lot: 41
  • Meridian: SEC 31 TWN 04S RNG 29E
  • Municipality: TOLOMATO
  • Latitude: 30.1078
  • Longitude: -81.4266

    Address

  • Full Address: 48 Fairhope Dr
  • Address - House Number: 48
  • Address - Street Name: Fairhope
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ponte Vedra
  • Carrier Code: R003
  • 4-Digit Zip Code: 0173
  • Zip Code: 32081

Valuation

    Tax

  • Total Area: 2,583
  • Tax Year: 2022
  • Tax Amount: $574,011
  • Tax Rate Code Area: 312

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 711,840
  • High Value: 819,179
  • Low Value: 604,500

    Market Valuation

  • Market Total Value: $480,359
  • Market Land Value: $100,800
  • Market Improvement Value: $379,559

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $331,077

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2018
  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018042097
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Nocatee

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$301

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2391 ft²

Average Home Age

6.6 years

Currently For Sale

284 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Real MLS

Listed by: LEN JAFFE, WEEKLEY HOMES REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 906969
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 48 Fairhope Drive built and last sold?
The property at 48 Fairhope Drive was built in 2018 and last sold on Jun 11, 2018 for $381,400.
How much is this home worth?
The estimated value of the home located at 48 Fairhope Drive is $0.
What are some comparable homes to 48 Fairhope Drive?
There are currently no comparable homes to 48 Fairhope Drive.
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