697 STANDISH Drive
About This Property
The large kitchen features a center aisle with a hanging pot rack, ample cabinetry, stainless steel appliances, and Mexican tile floors. Adjacent to the kitchen, the laundry room which includes a washer and dryer, a spacious utility tub, and plenty of storage, making it both functional and convenient. The spacious En suite primary bedroom features double closets and a separate commode room. It offers a large shower with grab bars for safety, as well as a jetted tub, perfect for relaxing and unwinding. The two additional bedrooms are comfortable and share a full bathroom, providing convenience for family members or guests.
The dining room, located next to the kitchen, is ideal for hosting holiday dinners. The expansive living room features built-in shelving and opens up to the Florida Room, which offers beautiful views of the preserve, creating a perfect space for relaxation and entertaining.
The two-car garage is situated on the side of the home and features a long driveway for additional parking. It offers plenty of storage space, complete with a pegboard and workbench, making it perfect for DIY projects and organization.
Vail Point is a scenic area in St. Augustine, Florida, known for its beautiful views and natural surroundings. It's situated near the Intracoastal Waterway and offers opportunities for outdoor activities like kayaking, fishing, and birdwatching. The Vaill Point Park and trail is located at the neighborhood entrance.
St. Augustine is a fantastic blend of history and modern charm. You can stroll through the historic downtown area, visiting landmarks like the Castillo de San Marcos and the Lightner Museum, then enjoy the vibrant local dining scene with everything from seafood to farm-to-table options. The nearby beaches, like St. Augustine Beach and Vilano Beach, offer plenty of opportunities for sunbathing, surfing, and beachcombing. Don't forget to explore the unique shops, galleries, and boutiques that add to the city's character. Plus, there are various cultural events and festivals throughout the year that celebrate the area's rich heritage
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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%.
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Dec 18, 2024 | Price Decreased |
$575,000
↓ $24K
(4%) | |
| Price Decreased | |||
| Oct 21, 2024 | Relisted | $599,000 | |
| Relisted | |||
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About St. Augustine Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017