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Okaloosa 32578 Sailboat Cove
4214 Mainsail Drive
$308,000
● House - Off Market

4214 Mainsail Drive

Niceville, FL 32578
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,207 Ft²
$596,113
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Turn-Key Great 4 Bedroom/ 2 Bath Brick Home located right in the heart of the desirable Bluewater Bay area. Close to the Airport and Eglin AFB. Fencedin backyard with above ground pool, perfect for entertaining. Upgraded Carpet and wood floors with Ceramic Tile on wet areas. Brand new Stainless steel kitchen appliances. Don't miss out the opportunity to come see this ready to move in home!
Unit Size
2,207 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$145
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
2001

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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 #717131)

Price History

Date / Event Date Event Price
Jan 2, 2015 Sold
Premium
Sold
Oct 31, 2014 Listed by World Impact Real Estate $319,000
Listed by World Impact Real Estate
Jun 18, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,508
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,816
  • Gross Building Area: 2,816
  • Building Area: 2,207
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,207
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAILBOAT COVE S/D
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SAILBOAT COVE S/D LOT 9

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021002

Geography

  • Assessors Map Reference: 30
  • Parcel: 15-1S-22-2020-0000-0090
  • Lot: 9
  • Meridian: SEC 15 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4952
  • Longitude: -86.4409

    Address

  • Full Address: 4214 Mainsail Dr
  • Address - House Number: 4214
  • Address - Street Name: Mainsail
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Niceville
  • Carrier Code: R009
  • 4-Digit Zip Code: 4541
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,465
  • Tax Year: 2023
  • Tax Amount: $433,551
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 547,352
  • High Value: 653,314
  • Low Value: 441,390

    Market Valuation

  • Market Total Value: $385,408
  • Market Land Value: $67,895
  • Market Improvement Value: $317,513

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,408
  • Assessed Land Value: $67,895
  • Assessed Improvements Value: $317,513

    Sales

  • Current Sale Contract Date: Dec 30, 2014
  • Current Sale Recording Date: Jan 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2971033
  • Previous Sale Recording Date: Jun 18, 2003
  • Previous Sale Contract Date: Jun 12, 2003
  • Previous Sale Amount: $200,000
  • 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 Sailboat Cove

Stats & Trends

Median Asking:

$479,000

Sale Price/ft²

$258

Above Asking

0.00%

Average Days on Market

101

Average Home Size

620 ft²

Average Home Age

18.7 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: Justin B Myers, World Impact Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 717131
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 4214 Mainsail Drive built and last sold?
The property at 4214 Mainsail Drive was built in 2001 and last sold on Dec 30, 2014 for $308,000.
How much is this home worth?
The estimated value of the home located at 4214 Mainsail Drive is $321,867.
What are some comparable homes to 4214 Mainsail Drive?
There are currently no comparable homes to 4214 Mainsail Drive.
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