757 Blackmoor Gate Lane
About This Property
Designed for true Florida outdoor living, the backyard showcases a heated and cooled saltwater pool with 6 jets, multicolored LED lighting, and remote-controlled features. The pool area is enclosed within a screened paver lanai and patio (2024), creating a private retreat with golf course views and lush landscaping, including queen and pineapple palms. Inside, the spacious primary suite offers tray ceilings, crown molding, and a large bay window. Plantation shutters throughout add timeless style, while a new electric fireplace brings warmth and character to the main living area. Major improvements include a new roof (2021), HVAC (2025), updated irrigation system with a dedicated well and new pump (2024), new gutters (2024), and a new garage door motor.
Royal St. Augustine residents enjoy a public golf course, pickleball courts, a basketball court, and an active community atmosphere, including food trucks on Tuesdays and Thursdays plus bingo and trivia nights at The Tavern & Fresh Grill. Zoned for top-rated St. Johns County schools, this neighborhood offers a low $75/month HOA with no CDD fees. Located in Flood Zone X, flood insurance is not required.
Furniture is negotiable, and the home conveys with the washer and dryer, plus the garage refrigerator and Ring Camera System.
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017