8884 White Ibis Way
About This Property
Upstairs, the oversized primary retreat provides a quiet escape with its own ensuite bath featuring dual vanities, a walk-in shower, and generous walk-in closet. A conveniently located second-floor laundry room adds everyday practicality, while the private fenced backyard and patio create the perfect spot to unwind, entertain, or enjoy time with pets.
Beyond the home itself, Reserve Pointe offers a lifestyle residents love with community amenities that include a pool, playground, sidewalks, and scenic green spaces perfect for evening walks or morning jogs. The HOA also takes care of exterior maintenance, lawn care, and even the roof, making ownership simple and stress-free. Conveniently located in the heart of Navarre, you're just minutes from shopping, dining, everyday conveniences, only 2.5 miles to Navarre High School, approximately 10 miles to Hurlburt Field, and just 2.5 miles from the emerald waters and sugar-white sand beaches that make this area so desirable.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 6, 2026 | Price Decreased |
$289,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| May 19, 2026 | Listed by Scenic Sotheby's International Realty | $295,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Sep 30, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017