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Okaloosa 32578
1407A Cat-Mar Road
$362,550
● House - Off Market

1407A Cat-Mar Road

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,122 Ft²
$527,133
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Brand New Construction in Niceville with a top local builder! 4 bedrooms 2.5 baths with all the upgrades you are looking for! Quartz counters, tile or vinyl flooring, soft close drawers - many selections available for your choosing. These are some of the deepest lots in Niceville and since there is no HOA you can build another structure behind the home. 8 foot clearance on the side, perfect for boat storage. Backyard has ample space for a workshop, play space, second garage, or additional parking! This home is located near the Mid Bay Bridge for easy access to/from Destin and all 3 local military bases! **Home to be built, photos are of another home** Lot Size is approximate (50 x 250)
Unit Size
2,122 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$170
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
2019

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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 #828695)

Price History

Date / Event Date Event Price
Feb 6, 2020 Sold
Premium
Sold
Oct 31, 2019 Sold
Premium
Sold
Aug 5, 2019 Listed by Berkshire Hathaway HomeServices PenFed Realty $359,900
Listed by Berkshire Hathaway HomeServices PenFed Realty
May 31, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 49,214
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,820
  • Gross Building Area: 2,820
  • Building Area: 2,121
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,121
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEMINOLE 1ST ADD
  • Land Acres: 0000001130
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SEMINOLE 1ST ADD N1/2 OF LOT 34 BLK A

Neighborhood

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

Geography

  • Assessors Map Reference: 40
  • Parcel: 24-1S-22-223B-000A-0340
  • Block: A
  • Lot: 34
  • Meridian: SEC 24 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4749
  • Longitude: -86.4029

    Address

  • Full Address: 1407b Cat Mar Rd
  • Address - House Number: 1407b
  • Address - Street Name: Cat Mar
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Niceville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9742
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,451
  • Tax Year: 2023
  • Tax Amount: $409,606
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 607,108
  • High Value: 708,638
  • Low Value: 505,578

    Market Valuation

  • Market Total Value: $497,989
  • Market Land Value: $61,105
  • Market Improvement Value: $436,884

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,694

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3335674
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 20, 2019
  • Previous Sale Amount: $200,000
  • 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 Okaloosa

Stats & Trends

Median Asking:

$374,700

Sale Price/ft²

$220

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1848 ft²

Average Home Age

28.9 years

Currently For Sale

2384 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: Amanda Grandy, Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 828695
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 1407 Cat-mar Road built and last sold?
The property at 1407 Cat-mar Road was built in 2019 and last sold on Feb 3, 2020 for $362,500.
How much is this home worth?
The estimated value of the home located at 1407 Cat-mar Road is $0.
What are some comparable homes to 1407 Cat-mar Road?
There are currently no comparable homes to 1407 Cat-mar Road.
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