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Niceville 32578 Endicott Village
117 FARRAH Avenue
$259,900
● House - Off Market

117 FARRAH Avenue

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,064 Ft²
$437,869
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

New construction! Granite counter tops and vanity tops, separate tiled master shower and garden tub, stainless appliances, hardwood floors downstairs, and a screened back porch and patio. The guest bath features a double vanity and shower/tub combo. Very large laundry room with utility sink and cabinets. Fully fenced yard, sprinkler system and two car garage! Contract now to select the interior options!
Unit Size
2,064 Ft²
Days on Market
-
Land Size
-
Price per sqft
$126
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2016

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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 #754567)

Price History

Date / Event Date Event Price
Jul 5, 2023 Sold
Premium
Sold
May 24, 2023 No longer available -
No longer available
May 20, 2023 Price Decreased $445,000
↓ $5K (1.1%)
Price Decreased
Apr 24, 2023 Listed by Keller Williams Realty Nville $450,000
Listed by Keller Williams Realty Nville
Nov 17, 2016 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 430
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,720
  • Total Building Area: 2,788
  • Gross Building Area: 2,788
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENDICOTT VILLAGE
  • Land Acres: 0000000062
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: ENDICOTT VILLAGE PH III LOT 22

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021101

Geography

  • Subdivision Phase Number: 3
  • Parcel: 09-1S-22-1002-0000-0220
  • Lot: 22
  • Meridian: SEC 09 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5129
  • Longitude: -86.4583

    Address

  • Full Address: 117 Farrah Ave
  • Address - House Number: 117
  • Address - Street Name: Farrah
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Niceville
  • Carrier Code: C005
  • 4-Digit Zip Code: 2896
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,425
  • Tax Year: 2023
  • Tax Amount: $264,186
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 515,346
  • High Value: 607,207
  • Low Value: 423,484

    Market Valuation

  • Market Total Value: $394,646
  • Market Land Value: $54,316
  • Market Improvement Value: $340,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,900

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3633484
  • Previous Sale Recording Date: Nov 17, 2016
  • Previous Sale Contract Date: Nov 16, 2016
  • Previous Sale Amount: $264,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Endicott Village

Stats & Trends

Median Asking:

$322,450

Sale Price/ft²

$208

Below Asking

0.02%

Average Days on Market

82

Average Home Size

1839 ft²

Average Home Age

16.7 years

Currently For Sale

3 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

Rentals Near You

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ECAR

Listed by: Amanda Pettis, Keller Williams Realty Nville
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 754567
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 117 Farrah Avenue built and last sold?
The property at 117 Farrah Avenue was built in 2016 and last sold on Jun 29, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 117 Farrah Avenue is $441,358.
What are some comparable homes to 117 Farrah Avenue?
There are currently no comparable homes to 117 Farrah Avenue.
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