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Niceville 32578 Swift Creek
256 Sweetwater Run
$518,000
● House - Off Market

256 Sweetwater Run

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,379 Ft²
$925,601
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

***PRICED TO SELL! Under $160/sq ft., this is the lowest price per sq ft 4 BR home in Swift Creek. Directly across from the gorgeous Swift Creek clubhouse and pool, this Southern brick ranch with sweeping front porch and mature landscaping is move-in ready. The 4 BR, 3 BA, 3379 sq ft residence boasts a Kohler whole-house generator, hurricane-rated impact glass film and a digital network security system. The separate executive office features a custom, built-in granite and walnut peninsula desk. Oversize great room and open kitchen with gathering room, thick crown molding, 10 ft ceilings and central home audio lend to easy entertaining. The master suite has a sitting area with view onto climbing jasmine and hydrangeas in the fenced backyard. The master bath features a jacuzzi tub,
Unit Size
3,379 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$154
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
2003

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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 #717755)

Price History

Date / Event Date Event Price
Jun 25, 2015 Sold
Premium
Sold
Nov 11, 2014 Listed by ListWithFreedom.com $519,900
Listed by ListWithFreedom.com
Apr 13, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 539
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,196
  • Total Building Area: 4,386
  • Gross Building Area: 4,386
  • Building Area: 3,067
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,067
  • 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: 0000000303
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SWIFT CREEK PH IV LOT 39

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 6
  • Subdivision Phase Number: 4
  • Parcel: 04-1S-22-4404-0000-0390
  • Lot: 39
  • Meridian: SEC 04 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5253
  • Longitude: -86.4584

    Address

  • Full Address: 256 Sweetwater Run
  • Address - House Number: 256
  • Address - Street Name: Sweetwater
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Niceville
  • Carrier Code: R002
  • 4-Digit Zip Code: 1665
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 3,618
  • Tax Year: 2023
  • Tax Amount: $567,984
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 872,862
  • High Value: 1,042,400
  • Low Value: 703,324

    Market Valuation

  • Market Total Value: $638,554
  • Market Land Value: $140,360
  • Market Improvement Value: $498,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $465,785

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2015
  • Current Sale Recording Date: Jun 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3005772
  • Previous Sale Recording Date: Apr 13, 2006
  • Previous Sale Contract Date: Apr 12, 2006
  • Previous Sale Amount: $610,000
  • 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 Swift Creek

Stats & Trends

Median Asking:

$800,000

Sale Price/ft²

$288

Below Asking

0.01%

Average Days on Market

70

Average Home Size

3425 ft²

Average Home Age

18.5 years

Currently For Sale

2 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: James D Tyminski, ListWithFreedom.com
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 717755
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 256 Sweetwater Run built and last sold?
The property at 256 Sweetwater Run was built in 2003 and last sold on Jun 2, 2015 for $518,000.
How much is this home worth?
The estimated value of the home located at 256 Sweetwater Run is $0.
What are some comparable homes to 256 Sweetwater Run?
There are currently no comparable homes to 256 Sweetwater Run.
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