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Okaloosa 32578 Raintree Estates
118 Raintree Boulevard
$300,000
● House - Off Market

118 Raintree Boulevard

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,122 Ft²
$571,606
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Don't let the age of this wonderful family home deter you from looking. Upgrades galore! The kitchen is a cook's dream, the master bathroom has a heated floor, new fans, fresh paint on the exterior ... great home, great location! Wooded lot, almost a half acre with a fenced backyard and sprinkler system to keep everything green. Located between Niceville and Destin. All the luxuries just minutes away. Minutes to the beach and shopping. This is a must see! All dimensions should be verified to Buyers satisfaction. AS IS with right to inspect.
Unit Size
2,122 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$152
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1978

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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 #735899)

Price History

Date / Event Date Event Price
Jan 21, 2016 Sold
Premium
Sold
Aug 7, 2015 Listed by Keller Williams Realty SRB $322,500
Listed by Keller Williams Realty SRB
Feb 28, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • 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: 528
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,113
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 3,240
  • Gross Building Area: 3,240
  • Building Area: 2,122
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,122
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAINTREE EST
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RAINTREE EST LOT 1 BLK 19

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021001

Geography

  • Assessors Map Reference: 40
  • Parcel: 26-1S-22-2130-0019-0010
  • Block: 19
  • Lot: 1
  • Meridian: SEC 26 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.467
  • Longitude: -86.4194

    Address

  • Full Address: 118 Raintree Blvd
  • Address - House Number: 118
  • Address - Street Name: Raintree
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Niceville
  • Carrier Code: R004
  • 4-Digit Zip Code: 3908
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,618
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 533,241
  • High Value: 628,292
  • Low Value: 438,189

    Market Valuation

  • Market Total Value: $393,268
  • Market Land Value: $140,251
  • Market Improvement Value: $253,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,173

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 3454023
  • Previous Sale Recording Date: Jan 21, 2016
  • Previous Sale Contract Date: Jan 15, 2016
  • Previous Sale Amount: $300,000
  • 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 Bluewater Bay

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2087 ft²

Average Home Age

31.9 years

Currently For Sale

68 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: Wanda L Pitts, Keller Williams Realty SRB
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 735899
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 118 Raintree Boulevard built and last sold?
The property at 118 Raintree Boulevard was built in 1978 and last sold on Apr 23, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 118 Raintree Boulevard is $0.
What are some comparable homes to 118 Raintree Boulevard?
There are currently no comparable homes to 118 Raintree Boulevard.
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