750 Woods Drive
About This Property
The custom-designed backyard is an entertainer's dream-complete with pavers, a pergola, cozy hanging swing, outdoor natural-gas firepit, raised planters with a drip irrigation system, and plenty of play space, all surrounded by full privacy fencing. The yard also features an irrigation system on a private well, helping to keep utility costs low. Inside, you'll find charm and sophistication: a brick exterior with a gas lantern accent, wood-look tile floors, raised ceilings, custom lighting, granite countertops, and upgraded appliances. Enjoy peace of mind with a new HVAC system installed in May 2025, plus energy-efficient touches like a natural-gas water heater and fiber internet availability for seamless connectivity.
Don't miss your chance to see this home in personit's truly one you'll love.
About the community: Niceville is a charming bayfront city in Okaloosa County, celebrated for its family-friendly atmosphere, excellent schools, and easy access to the water. Nestled along Choctawhatchee Bay, residents enjoy a relaxed lifestyle with parks, trails, and proximity to Eglin Air Force Base. Best of all, Niceville is just a short drive about 25 minutes across the Mid-Bay Bridge to the white-sand beaches and emerald waters of Destin, offering the perfect blend of peaceful neighborhood living with quick access to world-class beaches, dining, and entertainment.
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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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Jan 11, 2026 | Price Decreased |
$639,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Nov 18, 2025 | Price Decreased |
$649,900
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$675,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017