491 BACK CREEK Drive
About This Property
The area is highly desired for the A-rated St. Johns County schools, variety of shopping, local restaurants, several beaches to choose from, and well known golf courses in the area.
Located in the highly desirable Trailmark community, residents enjoy a wealth of amenities, including a sparkling community pool, clubhouse, fitness center, playgrounds, walking trails and kayak launch, multiple Community Clubs, Food Trucks, Holiday Events & so much more! It is also conveniently located between Jacksonville and St. Augustine.
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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 |
|---|---|---|---|
| Jan 27, 2025 | Sold | ||
| Sold | |||
| Dec 25, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Relisted | $1,299,900 | |
| Relisted | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Price Decreased |
$1,299,900
↓ $100K
(7.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017