811 Raihope Way
About This Property
Welcome to this beautifully appointed 3-bedroom, 2-bathroom home with a versatile flex space, perfect for a home office, playroom, or guest area. Built in 2020 by Randy Wise Homes, this thoughtfully designed residence offers open-concept living with stylish finishes throughout and is the epitome of easy care-free living and low maintenance.
Tucked away on a quiet cul-de-sac, you'll enjoy both privacy and community in one of Niceville's most sought-after school zones. The spacious kitchen features a walk-in pantry, perfect for storage and convenience, and flows seamlessly into the bright living and dining areas-ideal for entertaining or everyday comfort.
Inside this stunning home you'll find a beautiful foyer and 2 bedrooms with a shared jack-and-jill style bathroom with tub & shower combination and dual vanity. Step into the open concept living and youll find the large flex space with glass french doors. This space creates floorplan options and provides privacy when needed but is easy access to the half bath and kitchen. The primary suite is tucked away at the back of the home and provides ample space for a king sized bedroom suite and a sitting area. The primary bath boasts a large, well-appointed walk-in closet, separate soaking tub, walk-in tiled shower, dual vanity and private water closet.
Step outside to a screened porch overlooking a fully fenced, private backyardyour own serene retreat. With low-maintenance living in mind, this home is perfect for anyone seeking comfort without the upkeep.
Don't miss this opportunity to live in a modern home with charm, space, and an unbeatable location! All major items are from 2020 including tankless water heater, roof, and HVAC. 2023 AC compressor and 2023 Lawn pump. Hurricane covers with fasteners convey.
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Price Decreased |
$659,900
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jun 1, 2025 | Price Decreased |
$685,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Apr 25, 2025 | Listed by EXP Realty LLC | $699,900 | |
| Listed by EXP Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017