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St. Johns 32259
87 ELK GROVE Lane
$317,990
● House - Off Market

87 ELK GROVE Lane

St Johns, FL 32259
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,560 Ft²
$501,727
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

This beautiful, 2-story home has room for everything. There is a private Study just off of the 1st floor Owners suite.  The 3 oversized secondary bedrooms upstairs will fit all the kids and guest furniture.  the loft upstairs is bright and airy and the perfect place to relax, play a game or watch a movie.  The garage comes with the extra space you need for your golf cart plus your 2 cars.  Step out of the Family room onto your covered lanai and enjoy the peaceful views of the nature preserve.  This home has it all, gourmet kitchen with beautiful white cabinets, stainless steel appliances, tile floors throughout the main living areas and much more.
Unit Size
2,560 Ft²
Days on Market
-
Land Size
-
Price per sqft
$124
Property Type
House
Property Taxes
-
HOA Dues
$5
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (Real MLS #905910)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by MATTAMY REAL ESTATE SERVICES $454,999
Listed by MATTAMY REAL ESTATE SERVICES
Feb 5, 2018 Sold
Premium
Sold
Oct 20, 2017 Listed by MATTAMY REAL ESTATE SERVICES $317,990
Listed by MATTAMY REAL ESTATE SERVICES

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,662
  • Total Building Area: 3,075
  • Gross Building Area: 3,207
  • Building Area: 2,575
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,575
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENCLAVE AT RIVERTOWN PHASE TWO-A
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 83/10-31 ENCLAVE AT RIVERTOWN PHASE TWO-A LOT 5 BLOCK 2 OR5342/1159

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020807

Geography

  • Assessors Map Reference: 7D
  • Subdivision Phase Number: 2
  • Parcel: 000703-2050
  • Block: 2
  • Lot: 5
  • Meridian: SEC 39 TWN 05S RNG 27E
  • Municipality: RIVERS EDGE
  • Latitude: 30.0418
  • Longitude: -81.6224

    Address

  • Full Address: 87 Elk Grove Ln
  • Address - House Number: 87
  • Address - Street Name: Elk Grove
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: H028
  • 4-Digit Zip Code: 8729
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 2,907
  • Tax Year: 2022
  • Tax Amount: $751,280
  • Tax Rate Code Area: 319

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 631,562
  • High Value: 733,944
  • Low Value: 529,180

    Market Valuation

  • Market Total Value: $425,778
  • Market Land Value: $100,800
  • Market Improvement Value: $324,978

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $425,778
  • Assessed Land Value: $100,800
  • Assessed Improvements Value: $324,978

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021089522
  • Previous Sale Recording Date: Feb 05, 2018
  • Previous Sale Contract Date: Jan 31, 2018
  • Previous Sale Amount: $317,990
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Johns

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2231 ft²

Average Home Age

16.6 years

Currently For Sale

1965 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Real MLS

Listed by: JASON BEARD, MATTAMY REAL ESTATE SERVICES
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 905910
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 87 Elk Grove Lane built and last sold?
The property at 87 Elk Grove Lane was built in 2018 and last sold on Aug 6, 2021 for $491,000.
How much is this home worth?
The estimated value of the home located at 87 Elk Grove Lane is $466,413.
What are some comparable homes to 87 Elk Grove Lane?
There are currently no comparable homes to 87 Elk Grove Lane.
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