4520 Parkview Lane
About This Property
The living room is just off the kitchen in the back of the home and enjoys a painted brick, floor to ceiling gas fireplace with beautiful wood mantel. The wiring for the TV (to include HDMI) has already been done for you making mounting a TV over the fireplace simple. This space has neutral tile throughout, an upgraded ceiling fan and has recently been repainted. There are French doors leading to the privacy fenced-in backyard and covered patio, perfect for entertaining!
This home has added details that most homes in the area do not, such as the vaulted and 10 foot ceilings throughout. There is also storage galore with a large closet that goes under the stairs and an additional game closet in the downstairs laundry room. The laundry room is over 72 square feet and has additional shelving great for storing beach towels, and other needed items.
Upstairs you will be happy to find 4 spacious bedrooms. On the north side of the home is the master bedroom which currently easily fits a king bed, nightstands and dresser. You will certainly appreciate the en suite bathroom soaking tub, tile flooring, glass enclosed tiled walk-in shower, and dual sinks with granite counters, under mount sinks, new faucets, mirrors and gorgeous lighting.
On the south side, there are 3 good-sized bedrooms with their own full bath to share which features a dual vanity, updated tiled tub/shower and newer shower glass door. The front bedroom has a vaulted ceiling while the other two rear facing bedrooms enjoy individual private exits to the 2nd floor balcony. In the southern most bedroom there is access to attic space, where you will find additional blown in insulation under this room and exterior walls making the upstairs cozy during all seasons. There is also an additional walk-in closet upstairs nearest the master bedroom which houses the new gas water heater and ample floored space for storing additional items.
The garage is a tandem space where you can pull in a boat, trailer or use for other things such as a workshop or golf cart space. There is a rear garage door allowing for easy access to/from. Inside the garage is a wonderful heated and cooled craft or storage room which even has a utility sink. This house is known for its storage space while not compromising interior room size! There are not a lot of 5 bedroom homes in Niceville - this one surely stands out among the rest!
Out back the owner built a custom play set which will convey. The back has been recently sodded and newly fence with a double gate located on the south side of the yard.
The current homeowners have added: New irrigation, reverse osmosis system, new appliances, new flashing on exterior by circular window, balcony off back bedrooms was redone - painted and resealed, in 2015 2 new HVAC's installed, TWO top of the line REME HALO UV lights in stalled on both HVAC systems for removal of airborne allergy/asthma/bacteria/virus, etc. Additional air return was added upstairs, foam insulation was added under back bedroom, all new fixtures in downstairs full bath, new glass door in all baths, new toilets throughout, new gas water heater in storage room upstairs, electric shade controlled by remote in vaulted foyer picture window, 2015 chimney was swept, cleaned and inspected. There truly is nothing left to do, but to unpack and enjoy your new home.
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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%.
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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 18, 2019 | Sold | ||
| Sold | |||
| Apr 20, 2019 | No longer available | - | |
| No longer available | |||
| Mar 15, 2019 | Listed | $499,000 | |
| Listed | |||
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Contract in place with Kick out Clause **Looking for a 5 bedroom home in pristine condition in the sought after neighborhood of Parkwood Estates? This brick beauty stands out in the cul de sac with its well landscaped front yard and covered front porch! Through the front door into the foyer you are graced by a vaulted ceiling with ample natural light and wonderful staircase leading to the walkway above. To the right of the foyer is the office with vaulted ceilings which could easily be used as a playroom, workout space, home school area or library. On the opposite side of the office is a large downstairs 5th bedroom with easy access to a recently updated full bathroom. Through the foyer and to the right, just beyond the office is a stunning dining room with The manager has listed the unit size as 2905 square feet.
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| Feb 27, 2019 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $499,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Jul 8, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017