$399,900
↓ $25K (5.9%)
●
Mobile Manufactured -
For Sale
1422 Cat-Mar Road
Niceville, FL 32578
4 Beds
2 Baths
2,280 Ft²
$1,964
Est. Monthly
About This Property
Welcome to 1422 Cat Mar Rd in Niceville -- a spacious and move-in
ready property offering exceptional value on approximately 0.43
acres. This 3-bedroom, 2-bath home features an expansive 2,280
square foot single-story layout with generously sized living areas
and a functional floor plan designed for comfortable everyday
living.
Recent major improvements provide peace of mind, including a NEW roof, NEW HVAC system, NEW hot water heater, and NEW gutters -- allowing buyers to focus on enjoying their new home instead of costly repairs.
Conveniently located near schools, shopping, dining, Eglin Air Force Base, and area amenities, this property is ideally positioned for buyers planning a summer relocation before the upcoming school year.
Seller is offering $3,000 toward buyer closing costs or rate buy-down with acceptable offer. Previously VA approved with current owner, offering added confidence for VA buyers.
With space, updates, land, and affordability all in one package, this property stands out as one of the best values currently available in Niceville.
Recent major improvements provide peace of mind, including a NEW roof, NEW HVAC system, NEW hot water heater, and NEW gutters -- allowing buyers to focus on enjoying their new home instead of costly repairs.
Conveniently located near schools, shopping, dining, Eglin Air Force Base, and area amenities, this property is ideally positioned for buyers planning a summer relocation before the upcoming school year.
Seller is offering $3,000 toward buyer closing costs or rate buy-down with acceptable offer. Previously VA approved with current owner, offering added confidence for VA buyers.
With space, updates, land, and affordability all in one package, this property stands out as one of the best values currently available in Niceville.
Unit Size
2,280 Ft²
Days on Market
253 days
Land Size
0.43 acres
Price per sqft
$175
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2009
Listed By
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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: 5 months ago (ECAR #993706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2026 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Mar 28, 2026 | Price Decreased |
$424,900
↓ $24K
(5.4%) | |
| Price Decreased | |||
| Feb 15, 2026 | Price Decreased |
$449,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
| Jan 22, 2026 | Listed by Compass | $465,000 | |
| Listed by Compass | |||
| Jan 20, 2017 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, Pantry, Ceiling Vaulted, Fireplace, Washer/Dryer Hookup
Appliances: Dishwasher, Microwave, Refrigerator, Stove/Oven Electric
Flooring Type: Floor WW Carpet New
Rooms: 10
Exterior Details
Square Footage: 2280
Property Condition: Renovated, Construction Complete
Architectural Style: Manufactured
Year Built: 2009
Building Area Total: 2280
Window Features: Window Treatmnt None
Construction Materials: Frame, Siding Vinyl
Patio and Porch Features: Porch, Deck Covered, Patio Open
Lot Features: Interior
Lot Size Area: 0.43
Lot Size Units: Acres
Lot Size Acres: 0.43
Lot Size Square Feet: 18730.8
Lot Size Dimensions: 100x187
Water Source: Well
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
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HOA + Taxes
About Okaloosa
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Listed by: S Kimberly Maxwell, Compass
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 993706
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 993706
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