34
Map
115 Cedar Ridge Way
About This Property
The spacious living room features a soaring vaulted ceiling, abundant natural light, a cozy wood-burning brick fireplace, and custom built-in shelving. The thoughtfully designed kitchen is equipped with new appliances, including a gas stove, side by side fridge, dishwasher, & microwave, and is complemented by an oversized pantry that provides exceptional storage. A dedicated laundry room and two linen closets add to the home's functional layout.
Enjoy peace of mind with a new roof and new water heater, both installed in 2026. Step outside to a large open deck that includes brand new decking and staining and overlooks a peaceful wooded backdrop, offering a private setting to relax or entertain. No neighbors behind you! Flowering trees enhance both the front and back yards, while the privacy-fenced backyard provides the perfect balance of beauty and seclusion. Filled with natural light and thoughtfully updated throughout, this cheerful home combines comfort, convenience, and low-maintenance living in a desirable Niceville location! Come see this gem today!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Relisted | $289,900 | |
| Relisted | |||
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Price Decreased |
$289,900
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Aug 6, 2026 | Listed by EXP Realty LLC | $299,900 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017