1516 Derringer Road
About This Property
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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 |
|---|---|---|---|
| Jan 4, 2026 | Listed | $349,000 | |
| Listed | |||
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Welcome to this updated, move-in-ready home offering a bright open floor plan with 3 bedrooms and 2 bathrooms. Recent improvements include a renovated kitchen with quartz countertops, fresh interior and exterior paint, and new wood-look plank flooring throughout. The inviting family room features a wood-burning brick fireplace and ceiling fans, flowing into an oversized tiled Florida room with French doors, ideal for everyday living or entertaining. 5 year old roof roof, spacious fenced in backyard. Conveniently located close to Mayport and the beaches, with easy access to downtown, the St. Johns Town Center, and shopping just minutes away.
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| Aug 8, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by WATSON REALTY CORP | $229,000 | |
| Listed by WATSON REALTY CORP | |||
| Aug 19, 2013 | Sold | ||
| Sold | |||
| Jul 1, 2013 | Listed by WATSON REALTY CORP | $145,900 | |
| Listed by WATSON REALTY CORP | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017