714 Providence Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Listed by Keller Williams Realty FWB | $415,000 | |
| Listed by Keller Williams Realty FWB | |||
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $415,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| | |||
|
Welcome to this beautifully maintained home in Bluewater Bay, a vibrant community in Niceville, Florida. The seller is generously offering a $5,000 credit at closing, which can be used toward flooring, closing costs, a rate buy-down, or at the buyer's discretion.
Bluewater Bay is renowned for its abundant recreational amenities, including golf, tennis, pickleball, swimming, and boating. Conveniently situated near three military bases and the stunning beaches of Destin, this location also offers a variety of shopping and dining options. As you arrive, the appealing landscaping, mature trees, and shrubs create an inviting atmosphere. Inside, you'll find a freshly painted interior that radiates warmth and comfort. The spacious living area features a cozy gas fireplace, perfect for relaxation and a semi-open layout that seamlessly connects the kitchen, living, and dining spaces, making it ideal for entertaining. The bright kitchen, adorned with all-white cabinetry and granite countertops, is perfect for preparing your favorite meals with ample counter space and the neutral color choices appeal to a range of design preferences. Adjacent to the living area, an enclosed porch invites you to enjoy the outdoors year-round. Step outside to discover a lovely patio overlooking a privacy-fenced backyard, creating a serene space for gatherings or quiet relaxation. The backyard also includes a shed, providing additional storage. This home is in favorable condition, with major components in good shape. The roof was replaced in 2019 for added peace of mind, the Air Handler was replaced in 2022, the Condenser is 2008 and the water heater was just replaced in October 2024. This property is more than just a house; it's a place to call home. Schedule your private showing today! *All information is believed to be accurate, but buyers must independently verify any details deemed important.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017