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Niceville 32578 Swift Creek
1403 Rum Still Circle
$429,000
● House - Off Market

1403 Rum Still Circle

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,253 Ft²
$943,151
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

How do you spell O-P-P-O-R-T-U-N-I-T-Y ??? Answer: This beautiful custom-built, priced-to-sell 4BR/4BA home situated on a large corner lot in Niceville's Swift Creek Subdivision! Fabulous floor plan featuring a living area with gas fireplace and a great room both overlooking the pool area, formal dining room, island kitchen, trayed ceilings, Florida room, loads of storage space, oversized two car garage, heated pool, spa & lanai...Bank of America, N.A. employees and employees' household members (including persons deriving their primary means of financial support from a Bank employee) and business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly...A pre-qual letter from a bona fide lender must accompany all offers, or if cash offer, proof of funds is required...
Unit Size
4,253 Ft²
Days on Market
-
Land Size
-
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
$155
Year Built
2004

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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 #591297)

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold
Premium
Sold
May 14, 2013 Sold
Premium
Sold
Feb 15, 2013 Listed by RE/MAX Coastal Properties $474,900
Listed by RE/MAX Coastal Properties
Feb 8, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 603
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 89
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,987
  • Total Building Area: 5,567
  • Gross Building Area: 5,567
  • Building Area: 4,253
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,253
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SWIFT CREEK PH IV
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SWIFT CREEK PH IV LOT 38

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020900

Geography

  • Assessors Map Reference: MAP 7
  • Subdivision Phase Number: 4
  • Parcel: 04-1S-22-4404-0000-0380
  • Lot: 38
  • Meridian: SEC 04 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5255
  • Longitude: -86.4581

    Address

  • Full Address: 1403 Rum Still Cir
  • Address - House Number: 1403
  • Address - Street Name: Rum Still
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Niceville
  • Carrier Code: R002
  • 4-Digit Zip Code: 1662
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 4,907
  • Tax Year: 2023
  • Tax Amount: $1,068,997
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 998,527
  • High Value: 1,195,626
  • Low Value: 801,428

    Market Valuation

  • Market Total Value: $852,295
  • Market Land Value: $147,378
  • Market Improvement Value: $704,917

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $841,606

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3572286
  • Previous Sale Recording Date: May 14, 2013
  • Previous Sale Contract Date: Apr 25, 2013
  • Previous Sale Amount: $429,000
  • Previous Sale Document Type: 68
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 Swift Creek

Stats & Trends

Median Asking:

$822,500

Sale Price/ft²

$292

Above Asking

0.00%

Average Days on Market

65

Average Home Size

3110 ft²

Average Home Age

19.7 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

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ECAR

Listed by: Ed & Terri Smith, RE/MAX Coastal Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 591297
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 1403 Rum Still Circle built and last sold?
The property at 1403 Rum Still Circle was built in 2004 and last sold on Aug 16, 2022 for $899,000.
How much is this home worth?
The estimated value of the home located at 1403 Rum Still Circle is $0.
What are some comparable homes to 1403 Rum Still Circle?
There are currently no comparable homes to 1403 Rum Still Circle.
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