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Niceville 32578 Rocky Bayou
226 Hillside Drive
$265,000
● House - Off Market

226 Hillside Drive

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,035 Ft²
$495,467
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Resting in one of Rocky Bayou's best neighborhoods amidst beautiful landscaping this solidly built brick home has been meticulously cared for. Just beyond the tiled foyer the very spacious great room provides an open airy feel with it's high vaulted ceilings. New easy upkeep hardwood flooring runs through the great room and hallway to the formal dining room with a big bay window allowing natural light to grace the living area. The tiled kitchen features solid oak cabinets and is updated with granite counters and stainless clean steel appliances for easy clean up. The tiled laundry room also has solid oak cabinets and it's own freezer that will convey. The heated and cooled Florida room leads to a large open patio. The HVAC system was replaced 1/2015. If you're interested Hurry!
Unit Size
2,035 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #727700)

Price History

Date / Event Date Event Price
Mar 20, 2017 Sold
Premium
Sold
Jul 21, 2015 Sold
Premium
Sold
Apr 17, 2015 Listed by Century 21 Wimco Realty Inc $279,000
Listed by Century 21 Wimco Realty Inc

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 535
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,999
  • Total Building Area: 2,589
  • Gross Building Area: 2,589
  • Building Area: 1,773
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,773
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKYWOOD PH IV
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: ROCKYWOOD PH IV LOT 69

Neighborhood

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

Geography

  • Assessors Map Reference: 30
  • Subdivision Phase Number: 4
  • Parcel: 10-1S-22-319D-0000-0690
  • Lot: 69
  • Meridian: SEC 10 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5143
  • Longitude: -86.4435

    Address

  • Full Address: 226 Hillside Dr
  • Address - House Number: 226
  • Address - Street Name: Hillside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R013
  • 4-Digit Zip Code: 2354
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,283
  • Tax Year: 2023
  • Tax Amount: $286,396
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 502,210
  • High Value: 599,499
  • Low Value: 404,921

    Market Valuation

  • Market Total Value: $364,111
  • Market Land Value: $98,324
  • Market Improvement Value: $265,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,561

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 10, 2017
  • Current Sale Recording Date: Mar 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3123971
  • Previous Sale Recording Date: Jul 21, 2015
  • Previous Sale Contract Date: Jul 17, 2015
  • Previous Sale Amount: $265,000
  • 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 Rocky Bayou

Stats & Trends

Median Asking:

$667,000

Sale Price/ft²

$260

Below Asking

0.02%

Average Days on Market

80

Average Home Size

2607 ft²

Average Home Age

35.7 years

Currently For Sale

6 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: Scott M Threlkeld, Century 21 Wimco Realty Inc
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 727700
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 226 Hillside Drive built and last sold?
The property at 226 Hillside Drive was built in 1992 and last sold on Mar 10, 2017 for $289,000.
How much is this home worth?
The estimated value of the home located at 226 Hillside Drive is $293,094.
What are some comparable homes to 226 Hillside Drive?
There are currently no comparable homes to 226 Hillside Drive.
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