623 WINDERMERE Way
About This Property
This highly sought-after community is located between I-95 and US-1 with easy access to downtown St. Augustine, Ponte Vedra, and Jacksonville. St. Johns County is one of Florida's top-rated school districts and within 1 mile of this home, you have the newly built K-8 Lakeside Academy, making it easy for school drop offs/pickups. Enjoy the St. Johns County lifestyle in Beacon Lake with the resort-style Lake House Amenity & Fitness Center that features a water sport launch area for kayaks & canoes, splash park, junior olympics pool, sand beach, lakeside park, tennis and pickleball courts, event lawn, playing field, bark park, a culinary studio & demonstration kitchen & more.
You will love this fully updated and move-in-ready 1622 square foot home with its open floor plan and private back patio. Beacon lake offers the best of Florida's First Coast lifestyle!
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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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by FLORIDA HOMES REALTY & MTG LLC | $459,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Dec 10, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017