410 Regatta Drive
About This Property
Rare End unit in the premier waterfront townhome community in the area. This home has lots of light, adjacent to the community pool, lighted tennis/basketball/pickleball court and bonus parking in additon to the 4+ spaces this home enjoys! Boat lovers rejoice! The three bedrooms are upstairs with the primary suite on the rear of the property overlooking Boggy Bayou! You can watch the local Shrimp boat head to work and enjoy the views! The other two bedrooms are towards the front of the home. One is larger and one is smaller. On the main level you have a bright and sunny breakfast area with a bay window, leading to the updated kitchen that looks out to the dining area, den and sunroom and the bayou beyond! These homes share a pier with their neighbors and enjoy their own boatslip in their backyard! Save money from the storage and fees you pay currently! Short distances from everything you could want. Eglin, Hurlburt , Duke Field and 7th Group are convenient and easy commutes. Dining is so close as well! The community has parking for boats, RVs and trailers on a first come first served basis.
New Roof 12/14
New A/C 7/2018
Updated Bath Shower 6/2017
Water Heater 6/2000
Current Homeowners insurance is $4,074.69 per year with Florida Pennisula Insuance Company with Cooke Insurance in Niceville
Home has termite bond with Terminix.
Power is with FPL, level payment is @$156.87/ mo. (Home has been kept very warm during the winter months and comfortable during the remainder of the year.
Water is City of Niceville, Gas is with Okaloosa Gas
These homes share a pier with their neighbors and enjoy their own boatslip in their backyard! Save money from the storage and fees you pay currently! Short distances from everything you could want. Eglin, Hurlburt , Duke Field and 7th Group are convenient and easy commutes. Dining is so close as well!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Price Decreased |
$620,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Apr 11, 2025 | Price Decreased |
$624,900
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Feb 27, 2025 | Price Decreased |
$649,900
↓ $30K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017