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Okaloosa 32578 Sarah Anne Pointe
401 DEEPWATER Lane
$399,900
● House - Off Market

401 DEEPWATER Lane

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,659 Ft²
$792,719
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Boaters paradise! Located on the deep and protected water of Sarah Anne Bayou and Rocky Bayou...Awesome waterfront home features vaulted and cathedral ceilings, interior columns, tile and wood flooring, master bath whirlpool, walk-in closets and private baths for each bedroom...Lots of glass offers serene and beautiful views of the Bayou...Home is complete with dock and boat slip!(Buyer to verify lot and room dimensions and any other information that buyer deems important.)
Unit Size
2,659 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1998

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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 #714641)

Price History

Date / Event Date Event Price
Apr 7, 2015 Sold
Premium
Sold
Sep 19, 2014 Listed by RE/MAX Coastal Properties $438,500
Listed by RE/MAX Coastal Properties
Jul 30, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 551
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,120
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 3,722
  • Gross Building Area: 3,722
  • Building Area: 2,659
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,659
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SARA ANNE HARBOR
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SARA ANNE HARBOR LOT 3

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021102

Geography

  • Assessors Map Reference: 29
  • Parcel: 09-1S-22-1901-0000-0030
  • Lot: 3
  • Meridian: SEC 09 TWN 01S RNG 22W
  • Municipality: EAST NICEVILLE FIRE
  • Latitude: 30.5055
  • Longitude: -86.4559

    Address

  • Full Address: 401 Deepwater Ln
  • Address - House Number: 401
  • Address - Street Name: Deepwater
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Niceville
  • Carrier Code: C007
  • 4-Digit Zip Code: 2985
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 3,161
  • Tax Year: 2023
  • Tax Amount: $650,342
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 904,722
  • High Value: 1,080,448
  • Low Value: 728,995

    Market Valuation

  • Market Total Value: $958,206
  • Market Land Value: $437,492
  • Market Improvement Value: $520,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,596

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2015
  • Current Sale Recording Date: Apr 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2988397
  • Previous Sale Recording Date: Jul 30, 2014
  • Previous Sale Contract Date: Jul 30, 2014
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: FIX
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 Sarah Anne Pointe

Stats & Trends

Median Asking:

$1,095,000

Sale Price/ft²

$471

Above Asking

0.00%

Average Days on Market

29

Average Home Size

2325 ft²

Average Home Age

30 years

Currently For Sale

0 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# 714641
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 401 Deepwater Lane built and last sold?
The property at 401 Deepwater Lane was built in 1998 and last sold on Mar 9, 2015 for $399,900.
How much is this home worth?
The estimated value of the home located at 401 Deepwater Lane is $0.
What are some comparable homes to 401 Deepwater Lane?
There are currently no comparable homes to 401 Deepwater Lane.
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