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820 Sparkleberry Cove
About This Property
Fresh interior paint creates a bright, inviting atmosphere throughout the home, while a new water heater, 2025 HVAC, and recently installed fence provide added value and peace of mind. The functional floor plan offers comfortable living spaces designed to fit a variety of lifestyles.
One of the home's standout features is the beautiful rear deck, providing the perfect place to relax while overlooking the private backyard and mature trees beyond.
The tranquil outdoor setting creates a sense of seclusion while remaining conveniently located to schools, shopping, dining, military bases, and the white-sand beaches of the Emerald Coast. Only 4 miles to Eglin Air Force Base, and less than 2 miles to the beautiful Turkey Creek. 2 miles into the shopping, dining, and schools of Niceville make this home an ideal location for anyone.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | Listed by Salt & Light Realty | $369,000 | |
| Listed by Salt & Light Realty | |||
| May 24, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017