505 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
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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 |
|---|---|---|---|
| Feb 21, 2023 | Sold | ||
| Sold | |||
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| May 3, 2022 | Listed by D.R. Horton - North Florida | $529,990 | |
| Listed by D.R. Horton - North Florida | |||
| | |||
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This impressive 2,492 square foot two story, three or four-bedroom, 3.5 bath, floor plan is perfect for any family! It even comes with a bonus room, perfect for a home office or playroom. There is also the option of getting a third car garage. At the heart of the kitchen is a large island where homeowners will enjoy preparing meals while entertaining family and friends. A separate dining room is perfect for special occasions. The Coral features a downstairs bedroom and bath for those not wanting to use the stairs. The oversized main suite includes an amazing bathroom with dual vanity and large walk-in closet. Outside you will find a covered patio making it the perfect home for entertaining and enjoying the Florida lifestyle! The manager has listed the unit size as 2492 square feet.
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| Apr 18, 2022 | Listed by D R HORTON REALTY INC | $474,990 | |
| Listed by D R HORTON REALTY INC | |||
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1164116
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