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St. Johns 32095
51 DERECHO Lane
$439,000
● House - Off Market

51 DERECHO Lane

St Augustine, FL 32095
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,159 Ft²
$717,459
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Ready NOW!!  Lennar Next Generation Genesis floor plan: 3 beds, 3 baths, study and 2 car garage. Suited area: 1 bed, 1 bath, kitchette, laundry, 1 car. Everything's Included® features:  dramatic glass front door, 8' interior doors, Granite kitchen & bathroom counter tops, 42" cabinets, Frigidaire® Professional Series stainless steel appliances (5 burner gas cooktop, double wall oven, dishwasher, microwave, and refrigerator), wood tile, tankless water heater, pre-wired security system, Nexia™ Home Automation, crown molding throughout the main living areas and master suite, 5 ¼ baseboards throughout, screened lanai, window blinds throughout, sprinkler system, and pavered driveway & patio. 1 year builder warranty, dedicated customer service program and 24-hour emergency servic
Unit Size
3,159 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
-
HOA Dues
$86
Year Built
2017

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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: 2 years ago (Real MLS #886970)

Price History

Date / Event Date Event Price
Aug 28, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by LENNAR REALTY INC $449,916
Listed by LENNAR REALTY INC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 619
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,196
  • Total Building Area: 3,787
  • Gross Building Area: 3,985
  • Building Area: 3,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALENCIA NORTH PHASE 1
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: 62/77-102 PALENCIA NORTH PHASE 1 LOT 30 OR4427/1224 &4848/1693(Q/C) &5371/851(Q/C) & 5371/877 (Q/C)

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020606

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 115D
  • Subdivision Phase Number: 1
  • Parcel: 072151-0300
  • Lot: 30
  • Meridian: SEC 28 TWN 05S RNG 29E
  • Municipality: SWEETWATER CREEK
  • Latitude: 30.0448
  • Longitude: -81.3923

    Address

  • Full Address: 51 Derecho Ln
  • Address - House Number: 51
  • Address - Street Name: Derecho
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R020
  • 4-Digit Zip Code: 7434
  • Zip Code: 32095

Valuation

    Tax

  • Total Area: 3,620
  • Tax Year: 2022
  • Tax Amount: $756,436
  • Tax Rate Code Area: 315

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 837,651
  • High Value: 963,962
  • Low Value: 711,340

    Market Valuation

  • Market Total Value: $577,982
  • Market Land Value: $100,800
  • Market Improvement Value: $477,182

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $400,217

    Sales

  • Current Sale Contract Date: Aug 24, 2017
  • Current Sale Recording Date: Aug 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017059490
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 St. Johns

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2211 ft²

Average Home Age

17.2 years

Currently For Sale

2910 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

Unit for rent at 171 Oyster Shell Terrace, Ponte Vedra, FL, 32081

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,534 ft²
171 Oyster Shell Terrace, Ponte Vedra, FL, 32081 Listing by LORRI REYNOLDS

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: MATTHEW FIGLESTHALER, LENNAR REALTY INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 886970
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 51 Derecho Lane built and last sold?
The property at 51 Derecho Lane was built in 2017 and last sold on Aug 24, 2017 for $439,000.
How much is this home worth?
The estimated value of the home located at 51 Derecho Lane is $0.
What are some comparable homes to 51 Derecho Lane?
There are currently no comparable homes to 51 Derecho Lane.
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