3242 MERGANZER Trail
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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 |
|---|---|---|---|
| Nov 6, 2025 | Price Decreased |
$258,000
↓ $12K
(4.4%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed | $270,000 | |
| Listed | |||
| | |||
|
$12K Price Improvement!!! Welcome to this charming 3-bedroom, 2-bathroom home nestled in a quiet, well-kept community in Orange Park. Offering 1,340 sq ft of comfortable living space, this home combines modern updates with inviting warmth. Step inside to find beautiful vinyl laminate plank and tile flooring throughout, creating a seamless, low-maintenance flow from room to room. The open-concept kitchen features a center island overlooking the family room—perfect for entertaining or casual family gatherings. Enjoy peace of mind with a newer roof and A/C system (installed in 2019). Outside, you'll love the fenced backyard that includes a covered patio, ideal for relaxing or letting pets play safely. Conveniently located near local shopping, dining, and top-rated Clay County schools, this move-in-ready gem offers comfort, style, and value in one of Orange Park's most desirable areas.
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| Nov 21, 2019 | Sold | ||
| Sold | |||
| Jul 12, 2019 | Listed by UNITED REAL ESTATE GALLERY | $162,500 | |
| Listed by UNITED REAL ESTATE GALLERY | |||
| Aug 5, 2015 | Sold | ||
| Sold | |||
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About Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017