721 CARTHAGE Place
About This Property
Enjoy unmatched privacy and a serene atmosphere in this one-of-a-kind pool home, ideally situated on an oversized cul-de-sac lot with wooded preserve views both in front and behind and one of the largest lots in this sought after community. This home offers a quiet retreat in the center of it all, with exceptional convenience to everything Northeast Florida has to offer. The property features a large backyard oasis designed for both relaxation and entertaining, complete with a newer screened-in pool and spa with gas heater, gas firepit and full automation. The expansive yard is further enhanced by mature fruit trees and privacy hedges. Inside, the thoughtfully designed floor plan provides both flexibility and privacy. The oversized primary suite is a true retreat, featuring a large bedroom and spacious bath, separated from the rest of the sleeping areasfor added comfort and seclusion. The main level also offers a dedicated office (or optional bedroom) and two additional bedrooms connected by a Jack-and-Jill bath. Upstairs, you'll find a large bedroom with its own en suite bath, while the third floor boasts an enormous loft/game room complete with another full bath, ideal for a media room, guest retreat, home gym, or multi-generational living. Additional highlights include durable wood-look tile flooring on the main level (2023), whole-house audio system, structured ethernet wiring and numerous recent updates: roof (2023), one HVAC system (2025), exterior repaint (2024), new carpet, plantation shutters, water heater, underground drainage, water softener and a custom bookcase. Located near top-rated St. Johns County schools and just minutes from 9B, this home offers incredible accessibility: approximately 20 minutes to downtown Jacksonville or St. Augustine, and 20 minutes to the beach or the St. Johns River. Residents of St. John's Forest also enjoy a well-appointed, gated community with 24 hour security and resort-style amenities, including a clubhouse, fitness center, pool, playground, sports courts and sports fields. Blending privacy, space, community features, low HOA fees and a prime central location, this exceptional property offers the best of Florida living. Schedule your private showing today.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 4, 2026 | Relisted | $950,000 | |
| Relisted | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Listed by RE/MAX SPECIALISTS | $950,000 | |
| Listed by RE/MAX SPECIALISTS | |||
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About St. Johns
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