116 NW Moriarty Street
About This Property
The bright, open kitchen features solid wood soft-close cabinets, quartz countertops, stainless steel appliances, a subway tile backsplash, and an oversized stainless steel sink overlooking the spacious backyard. The master suite offers a private, spa-like retreat with a brand-new shower insert, heirloom double vanity, updated fixtures, and modern finishes. The second bath is equally impressive with a new tub, flooring, vanity, and lighting. Major system upgrades provide peace of mind, including a brand new roof (2025), new vinyl siding, new windows, new exterior doors and shutters, new deck, new electrical panels with a full home rewire (2025), new hot water heater (2025), new HVAC system and ductwork (2025), and new insulation (2025).
Two large storage sheds on concrete foundations offer plenty of space for tools, equipment, or recreational gear. With no rental restrictions, short-term rentals are allowed, making this a versatile investment or personal residence.
Perfectly located in the heart of Fort Walton Beach, this home is just 6 miles from Hurlburt Field, 1.5 miles from the white sand beaches of Okaloosa Island, and less than a mile from the shops, dining, and entertainment of Downtown Fort Walton Beach. Move right in and enjoy a worry-free, coastal lifestyle.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017