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Okaloosa 32578 Caribbean Village East
441 Barbados Way
$230,000
● House - Off Market

441 Barbados Way

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,685 Ft²
$438,675
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Charming and well maintained all brick home offers; Nice sized 3 bedrooms, 2 baths and 2 car garage and has side parking area for your boat. This home features living room with a cozy fireplace, formal dinning room,large eat-in-kitchen and inside laundry room. Enclosed porch,large work shop with electricity and window A/C unit. Fenced huge back yard for your swimming pool. Must see!!!
Unit Size
1,685 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$139
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1983

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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 #714731)

Price History

Date / Event Date Event Price
Dec 19, 2014 Sold
Premium
Sold
Sep 23, 2014 Listed by Keller Williams Realty Destin $234,750
Listed by Keller Williams Realty Destin

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 504
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,165
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,331
  • Gross Building Area: 2,331
  • Building Area: 1,683
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,683
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARIBBEAN EAST
  • Land Acres: 0000000348
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CARIBBEAN EAST UNIT 3 LOT 11 BLK I & 40 FT STRIP N OF PROP

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021001

Geography

  • Assessors Map Reference: 39
  • Parcel: 23-1S-22-4763-000I-0110
  • Block: I
  • Lot: 11
  • Meridian: SEC 23 TWN 01S RNG 22W
  • Municipality: NORTH BAY FIRE
  • Latitude: 30.4817
  • Longitude: -86.4167

    Address

  • Full Address: 441 Barbados Way
  • Legal Unit: 3
  • Address - House Number: 441
  • Address - Street Name: Barbados
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Niceville
  • Carrier Code: R015
  • 4-Digit Zip Code: 4008
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 2,052
  • Tax Year: 2023
  • Tax Amount: $209,367
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 427,614
  • High Value: 510,361
  • Low Value: 344,867

    Market Valuation

  • Market Total Value: $292,157
  • Market Land Value: $88,263
  • Market Improvement Value: $203,894

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,135

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2014
  • Current Sale Recording Date: Dec 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2969088
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 Bluewater Bay

Stats & Trends

Median Asking:

$496,500

Sale Price/ft²

$258

Below Asking

0.01%

Average Days on Market

69

Average Home Size

1968 ft²

Average Home Age

31.7 years

Currently For Sale

47 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

Rentals Near You

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ECAR

Listed by: HyoSun Choe-kelly, Keller Williams Realty Destin
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 714731
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 441 Barbados Way built and last sold?
The property at 441 Barbados Way was built in 1983 and last sold on Dec 12, 2014 for $230,000.
How much is this home worth?
The estimated value of the home located at 441 Barbados Way is $246,554.
What are some comparable homes to 441 Barbados Way?
There are currently no comparable homes to 441 Barbados Way.
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