808 CYPRESS CROSSING Trail
About This Property
This beautifully maintained 4-bedroom home with a dedicated office blends timeless architectural detail with thoughtful updates in one of St. Augustine's most sought-after communities. The seller's corporate relocation creates a unique advantage for buyers: all inspections are complete and repairs addressed, offering a truly smooth, move-in-ready opportunity.
Inside, hardwood floors, custom moldings, and an inviting center-island kitchen set the tone. The kitchen is designed for both everyday living and entertaining, featuring a butler's pantry and second oven. Fresh interior paint enhances the light, open feel, while the family room's wood-burning fireplace, easily convertible to gas, adds warmth and character.
Step outside to an extended screened patio overlooking a private preserve, a peaceful setting ideal for morning coffee or relaxed evenings at home. Additional highlights include raised bathroom vanities, generous storage, built-in surround sound, and mature landscaping supported by deep-well irrigation with an updated pump. Major systems are already in place with a 2019 roof and 2017 HVAC, adding confidence for the next owner.
Located in Palencia, residents enjoy resort-style amenities, golf, dining, walkable neighborhoods, and access to top-rated St. Johns County schools. A well-cared-for home, a prime location, and a rare turnkey advantage make this a standout opportunity.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Price Decreased |
$649,500
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Oct 24, 2025 | Price Decreased |
$659,900
↓ $9K
(1.4%) | |
| Price Decreased | |||
| Sep 12, 2025 | Price Decreased |
$669,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017