705 NEW WALES Lane
About This Property
Welcome to Your Waterfront Backyard Oasis in Wingfield Glen! Step into luxury with this stunning single-family pool home featuring 3 bedrooms, 2 baths, formal dining, formal living, family room, and upgrades galore. The heart of the home is a newly renovated, expansive, and inviting kitchen, boasting a large island, high level six granite countertops, tall cabinets, a gas cooktop, and immaculate craftsmanship with a unique design. Complementing the kitchen are new floors throughout, nine new windows, a new door, solar panels with a backup battery, a water softener, and termite bond protection for peace of mind. Outdoors, experience true serenity with a heated and cooled, in-ground pool installed in 2023, surrounded by elegant pavers, a fire pit, and a grand pergola-patio offering breathtaking water and sunset views. This fenced in backyard is the perfect setting for relaxation or entertaining. Every update, including electrical and plumbing, has been meticulously done with finalized permits ensuring quality and compliance. The sellers spared no expense to create this exceptional home. Solar Panels are paid off, termite bond is transferable. Roof replaced in 2017, well water with pump for irrigation recently installed. Ideally positioned near the borders of Saint Augustine, Ponte Vedra, and Saint Johns, this home offers access to top-rated St. Johns County schools and an effortless commute to shops, restaurants, pristine beaches, the town center, hospitals, and more. Don't miss this chance! Schedule your private showing today and see the unmatched beauty and convenience for yourself!
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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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2024 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $499,092 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
| Jan 22, 2015 | Sold | ||
| Sold | |||
| Dec 1, 2014 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $200,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017