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St. Johns 32259
585 CARIBBEAN Place
$588,485
● House - Off Market

585 CARIBBEAN Place

St Johns, FL 32259
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,551 Ft²
$619,661
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

New Construction Entered for Comp Purposes. Lennar Abaco Model. Open Floor Plan with 4 Bedrooms, 3 Full Bathrooms. Large water to preserve view. Gourmet Kitchen, Stainless Steel Appliances, Quartz countertops, Wood-look Tile Floors, Screened Lanai,
Unit Size
2,551 Ft²
Days on Market
-
Land Size
-
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
$192
Year Built
2022

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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 #1156181)

Price History

Date / Event Date Event Price
Mar 14, 2022 Sold
Premium
Sold
Feb 25, 2022 Listed by NON MLS $588,485
Listed by NON MLS
Dec 31, 2020 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 608
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 3,163
  • Gross Building Area: 3,163
  • Building Area: 2,555
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,555
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWIN CREEKS NORTH PARCEL 13 PHASE 2
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 96/65-71 TWIN CREEKS NORTH PARCEL 13 PHASE 2 LOT 53 OR5514/774

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020904

Geography

  • Assessors Map Reference: 68B
  • Subdivision Phase Number: 2
  • Parcel: 023718-0530
  • Block: 1
  • Lot: 53
  • Meridian: SEC 10 TWN 05S RNG 28E
  • Municipality: TWIN CREEKS NORTH
  • Latitude: 30.088
  • Longitude: -81.4788

    Address

  • Full Address: 585 Caribbean Pl
  • Address - House Number: 585
  • Address - Street Name: Caribbean
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: R190
  • 4-Digit Zip Code: 2305
  • Zip Code: 32259

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $605,639
  • Tax Rate Code Area: 330

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 628,302
  • High Value: 766,296
  • Low Value: 490,307

    Market Valuation

  • Market Total Value: $128,800
  • Market Land Value: $128,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,800
  • Assessed Land Value: $128,800

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 27077
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Dec 30, 2020
  • Previous Sale Amount: $4,354,000
  • Previous Sale Document Type: 68
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:

$519,980

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2231 ft²

Average Home Age

16.6 years

Currently For Sale

1965 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 14744 Grassy Hole Court, Jacksonville, FL, 32258

$3,465 /mo

  • 4 Beds
  • 2 Baths
  • 2,378 ft²
14744 Grassy Hole Court, Jacksonville, FL, 32258 Listing by ELMIR SLAVIC

Rentals Near You

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

Listed by: NON MLS, NON MLS
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1156181
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 585 Caribbean Place built and last sold?
The property at 585 Caribbean Place was built in 2022 and last sold on Feb 28, 2022 for $588,500.
How much is this home worth?
The estimated value of the home located at 585 Caribbean Place is $0.
What are some comparable homes to 585 Caribbean Place?
There are currently no comparable homes to 585 Caribbean Place.
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