775 BLACKMOOR GATE Lane
About This Property
The home features a screened-in, heated chlorine pool-perfect for enjoying the Florida lifestyle year-round. Energy efficiency is a bonus with paid-off solar panels, a newer roof installed in August 2020, and an HVAC system replaced in 2018, which includes a UV light. There is also a whole-house water softener system, a new garage door motor, a washer and dryer, and a pool pump that was replaced in 2023. Inside, you'll love the built-in surround sound system in the living roomperfect for movie nights or game day. The owner's suite features a tray ceiling, and the open living room boasts high ceilings that add to the airy, spacious feel of the home. The third bedroom, currently used as an office, has carpet that was installed just one year ago. A flexible floor plan includes a formal dining room just off the kitchen, which can easily be used as a home office, gym, playroom, or additional living space. The kitchen also offers a casual dining area.
Royal St. Augustine is a public golf course community located just minutes from historic Downtown St. Augustine, Vilano Beach, and the white sandy shores of St Augustine, Butler, and Crescent Beaches. Beyond golf, the neighborhood offers pickleball courts, a basketball court, and a brand-new exercise trail currently under construction. Love a good time? Enjoy Bingo on Tuesdays and Trivia on Thursdays at The Tavern and Fresh Grillplus food trucks on both nights for a fun and delicious community vibe. Residents enjoy low HOA fees of just $75 per month and no CDD fees. The home is zoned for top-rated St. Johns County schools and conveniently located near Publix, restaurants, and I-95 for easy access.
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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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $515,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
| Sep 2, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017