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Niceville 32578 Niceville Heights
114 Arrowhead Way
$285,000
● House - Off Market

114 Arrowhead Way

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,802 Ft²
$540,401
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Prime Niceville location with UPGRADES GALORE! This home is not like all the others! On one of the largest lots in the beautiful Arrowhead subdivision-- this is a very spacious & open 3/2 floorplan with hand scraped wood floors throughout all the living areas, recessed can lighting, 9 foot ceilings, custom millwork and gorgeous granite couters with a travertine brick backsplash in the kitchen and a walk in pantry. The hop up bar can accomadate 6 barstools making this home great for entertaining! The master suite has his and her vanities, three closets and a garden tub and seprate custom tiled shower with dual shower heads!!! The screened porch is great for grilling! The brick fireplace will keep you warm and cozy in the winter. Custom blinds throughout. This great home will not last long!
Unit Size
1,802 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2012

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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 (ECAR MLS #711168)

Price History

Date / Event Date Event Price
Jun 6, 2018 Sold
Premium
Sold
Nov 5, 2014 Sold
Premium
Sold
Jul 31, 2014 Listed by Coldwell Banker Realty $289,900
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,426
  • Total Building Area: 2,543
  • Gross Building Area: 2,543
  • Building Area: 1,802
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,802
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWHEAD S/D
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: ARROWHEAD S/D LOT 8

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021200

Geography

  • Assessors Map Reference: MAP 6
  • Parcel: 01-1S-23-2100-0000-0080
  • Lot: 8
  • Meridian: SEC 01 TWN 01S RNG 23W
  • Municipality: NICEVILLE
  • Latitude: 30.5288
  • Longitude: -86.4949

    Address

  • Full Address: 114 Arrowhead Way
  • Address - House Number: 114
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Niceville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1065
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,178
  • Tax Year: 2023
  • Tax Amount: $335,838
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 515,910
  • High Value: 601,895
  • Low Value: 429,925

    Market Valuation

  • Market Total Value: $396,578
  • Market Land Value: $61,309
  • Market Improvement Value: $335,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,648

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3211573
  • Previous Sale Recording Date: Nov 05, 2014
  • Previous Sale Contract Date: Oct 31, 2014
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 71
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 Niceville Heights

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$246

Above Asking

0.00%

Average Days on Market

72

Average Home Size

1541 ft²

Average Home Age

12.8 years

Currently For Sale

0 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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ECAR

Listed by: Jennifer Purdy, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 711168
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. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 114 Arrowhead Way built and last sold?
The property at 114 Arrowhead Way was built in 2012 and last sold on May 31, 2018 for $311,000.
How much is this home worth?
The estimated value of the home located at 114 Arrowhead Way is $292,403.
What are some comparable homes to 114 Arrowhead Way?
There are currently no comparable homes to 114 Arrowhead Way.
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