909 SE 16th Place
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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%.
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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.
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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 |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Apr 13, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Price Decreased |
$624,900
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by Ryan Critch Real Estate | $650,000 | |
| Listed by Ryan Critch Real Estate | |||
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Welcome to this beautifully updated 2-bedroom, 2-bathroom home offering 1,145 square feet of bright, thoughtfully designed living space in one of Deerfield Beach's most desirable neighborhoods.
Inside, you'll find a fully renovated kitchen and bathrooms with clean, modern finishes. The spacious waterfall island anchors the kitchen, complemented by a full suite of newer appliances, including oven, dishwasher, microwave, refrigerator, and garbage disposal. Large impact windows fill the home with natural light, while original terrazzo floors add timeless character. Both bedrooms feature wraparound windows, generous closets, and ample overhead storage. Impact French doors open to the tropical backyard, creating effortless indoor-outdoor living.
Step outside to the newly built backyard patio deck and lush landscaping - including over 11 plumeria trees, enhanced privacy, and tropical greenery. Additional highlights include a 2020 roof, a spacious carport, and a new backyard shed for storage or gardening.
Ideally located just 5 minutes from Deerfield Beach or a 15-minute bike ride away. Only 2 minutes to The Cove Shopping Center and close to Target, Starbucks, and a variety of popular dining and retail destinations. Enjoy DeGroff Park within minutes by bike or on foot, a local favorite for walking, jogging, and its own beach access.
Deerfield Beach is one of South Florida's fastest-growing coastal communities, known for its award-winning beaches, walkable fishing pier, vibrant dining scene, and strong sense of community. The area offers a relaxed beach-town atmosphere supported by amenities that appeal to both full-time residents and seasonal visitors with convenient access to major highways, airports, parks, top-rated schools, golf courses, and premier pickleball facilities. For travelers and commuters, you'll have easy access to US-1, I-95, and the Sawgrass Expressway/Turnpike on ramp via SW 10th St. FLL Int'l Airport is about 25 minutes away, Miami Int'l Airport is 40 minutes away, and Palm Beach Int'l Airport is about 30 minutes away. Whether used as a primary residence, vacation retreat, or long-term investment, the area continues to attract buyers seeking coastal living with everyday functionality.
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| Oct 2, 2017 | Sold | ||
| Sold | |||
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About Eastway Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017