598 NARVAREZ Avenue
About This Property
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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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 17, 2023 | Sold | ||
| Sold | |||
| Jun 20, 2023 | No longer available | - | |
| No longer available | |||
| Jun 12, 2023 | Price Decreased |
$390,990
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 2, 2023 | Price Increased |
$395,990
↑ $3K
(0.8%) | |
| Price Increased | |||
| May 26, 2023 | Price Increased |
$392,990
↑ $3K
(0.8%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Johns
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,150 /mo
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$2,200 /mo
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1214225
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