119 DEER MEADOWS Drive
About This Property
Inside, you'll find engineered hardwood and tile flooring, elegant crown molding, upgraded lighting, abundant storage, and an abundance of natural light. The well-appointed kitchen features a large island with newly installed granite countertops, ample white cabinetry, and a stylish tile backsplash--perfect for both everyday living and entertaining.
The inviting living room showcases an upgraded ceiling fan and serene views of the backyard. The extended first-floor primary suite is a true retreat, complete with bay windows, crown molding, an upgraded ceiling fan, and a spacious walk-in closet. The en suite bath offers a relaxing garden tub, tiled walk-in shower, and dual-sink vanity. Secondary bedrooms are generously sized, including a convenient first-floor guest suite, and are complemented by an airy loft ideal for additional living or flex space.
Step outside to enjoy resort-style living in your own backyard, featuring a sparkling saltwater pool, oversized screened lanai, and a spacious fully fenced yard. Additional highlights include a 3-car garage and wide driveway.
Residents enjoy exceptional community amenities, including pools, a splash pad, sports courts, fitness center, and more. Ideally located near shopping, dining, and entertainment, with easy access to downtown St. Augustine and Jacksonville.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Relisted | $625,000 | |
| Relisted | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by REAL BROKER LLC | $625,000 | |
| Listed by REAL BROKER LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017