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St. Johns 32092
537 PROSPERITY LAKE Drive
$242,925
● House - Off Market

537 PROSPERITY LAKE Drive

St Augustine, FL 32092
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,623 Ft²
$386,405
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

CHARMING 4 BEDROOM 2 BATH HOME HAS BEEN RENOVATED, IS MOVE-IN READY AND NO CDD FEES!! This 1,623 square foot home boasts new lighting, laminate and tile floors, fixtures, trim, and updated Baths. The exterior and interior of the home has been freshly painted.  The remodeled Kitchen has new countertops, tile backsplash, stainless steel appliances and breakfast bar.  The Dining Room is open to the Great Room and has vaulted ceilings and tons of natural light.  The Delightful Owner's Suite has a large walk-in closet, beautiful Bath with designer tile floor, soaking tub and walk-in shower. Secondary Bedrooms all have over-sized closets.  Indoor Laundry Room has upper  cabinet storage. Florida Room is the perfect place to relax and enjoy time with family and friends. New roof to be installed! installed!
Unit Size
1,623 Ft²
Days on Market
-
Land Size
-
Price per sqft
$151
Property Type
House
Property Taxes
-
HOA Dues
$30
Year Built
2000

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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 #909940)

Price History

Date / Event Date Event Price
Jan 9, 2018 Sold
Premium
Sold
Nov 17, 2017 Listed by WATSON REALTY CORP $244,900
Listed by WATSON REALTY CORP
Nov 10, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 3
  • 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: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 481
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 85
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,147
  • Total Building Area: 2,104
  • Gross Building Area: 2,294
  • Building Area: 1,623
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,623
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHLAKE UNIT 2-A
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 37/68-79 SOUTHLAKE UNIT 2A LOT 17 OR2084/1441 & 4349/246(Q/C) & 4488/1424

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020907

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 34A
  • Parcel: 026442-0170
  • Block: 2A
  • Lot: 17
  • Meridian: SEC 20 TWN 05S RNG 28E
  • Municipality: COUNTY
  • Latitude: 30.056
  • Longitude: -81.5156

    Address

  • Full Address: 537 Prosperity Lake Dr
  • Legal Unit: 2
  • Address - House Number: 537
  • Address - Street Name: Prosperity Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: H006
  • 4-Digit Zip Code: 1036
  • Zip Code: 32092

Valuation

    Tax

  • Total Area: 2,002
  • Tax Year: 2022
  • Tax Amount: $262,037
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 78
  • Final Value: 455,237
  • High Value: 532,788
  • Low Value: 377,685

    Market Valuation

  • Market Total Value: $346,736
  • Market Land Value: $78,400
  • Market Improvement Value: $268,336

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $225,601

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 02, 2018
  • Current Sale Recording Date: Jan 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018001954
  • Previous Sale Recording Date: Nov 10, 2003
  • Previous Sale Contract Date: Oct 30, 2003
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71
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:

$519,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2224 ft²

Average Home Age

17 years

Currently For Sale

2845 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

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Real MLS

Listed by: KATHERINE ETHERIDGE, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 909940
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 537 Prosperity Lake Drive built and last sold?
The property at 537 Prosperity Lake Drive was built in 2000 and last sold on Jan 2, 2018 for $243,000.
How much is this home worth?
The estimated value of the home located at 537 Prosperity Lake Drive is $0.
What are some comparable homes to 537 Prosperity Lake Drive?
There are currently no comparable homes to 537 Prosperity Lake Drive.
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