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St. Johns
5525 CYPRESS LINKS Boulevard
$390,000
● House - Off Market

5525 CYPRESS LINKS Boulevard

Elkton, FL 32033
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,977 Ft²
$2,159
Est. Monthly
$29
HOA / Fees
5.87%
Cap Rate

About This Property

Welcome to this charming home featuring a cozy fireplace, a beautiful backsplash in the kitchen, and a spacious master bedroom with a walk-in closet. The flexible living space allows for endless possibilities, while the primary bathroom boasts a separate tub and shower, double sinks, and good under sink storage. Enjoy relaxing in the covered sitting area in the backyard. Partial flooring replacement in some areas adds a fresh touch to this lovely property. Don't miss the opportunity to make this house your home!
Unit Size
1,977 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$203
Property Type
House
Property Taxes
$161
HOA Dues
$29
Year Built
2004

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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 #2013720)

Price History

Date / Event Date Event Price
Jul 25, 2024 Sold
Premium
Sold
Jun 25, 2024 In contract -
In contract
Jun 13, 2024 Price Decreased $401,000
↓ $8K (2%)
Price Decreased
May 16, 2024 Price Decreased $409,000
↓ $8K (1.9%)
Price Decreased
Mar 12, 2024 Listed by OPENDOOR BROKERAGE, LLC. $417,000
Listed by OPENDOOR BROKERAGE, LLC.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 17
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,523
  • Gross Building Area: 2,771
  • Building Area: 1,977
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,977
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS LAKES UNIT THREE
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 40/72-79 CYPRESS LAKES UNIT 3 LOT 49 OR2308/853 &4197/1777(L/E)

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 021102

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 123D
  • Parcel: 137368-0490
  • Lot: 49
  • Meridian: SEC 16 TWN 08S RNG 29E
  • Municipality: COUNTY
  • Latitude: 29.8074
  • Longitude: -81.3779

    Address

  • Full Address: 5525 Cypress Links Blvd
  • Legal Unit: 3
  • Address - House Number: 5525
  • Address - Street Name: Cypress Links
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Elkton
  • Carrier Code: R003
  • 4-Digit Zip Code: 4020
  • Zip Code: 32033

Valuation

    Tax

  • Total Area: 2,388
  • Tax Year: 2022
  • Tax Amount: $191,919
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 466,092
  • High Value: 536,374
  • Low Value: 395,809

    Market Valuation

  • Market Total Value: $349,547
  • Market Land Value: $60,424
  • Market Improvement Value: $289,123

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $171,311

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15772
  • Previous Sale Recording Date: Oct 28, 2004
  • Previous Sale Contract Date: Oct 22, 2004
  • Previous Sale Amount: $215,500
  • Previous Sale Document Type: 20
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

84

Average Home Size

2229 ft²

Average Home Age

16.5 years

Currently For Sale

1987 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 466 W New England Drive, ELKTON, FL, 32033

$2,550 /mo

  • 4 Beds
  • 2 Baths
  • 1,864 ft²
466 W New England Drive, ELKTON, FL, 32033 Listing by Paola Cornejo

Rentals Near You

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

Listed by: ALLISON JOHNSTON, OPENDOOR BROKERAGE, LLC.
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2013720
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 5525 Cypress Links Boulevard built and last sold?
The property at 5525 Cypress Links Boulevard was built in 2004 and last sold on Feb 26, 2024 for $383,200.
How much is this home worth?
The estimated value of the home located at 5525 Cypress Links Boulevard is $0.
What are some comparable homes to 5525 Cypress Links Boulevard?
There are currently no comparable homes to 5525 Cypress Links Boulevard.
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