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Crestview 32539
116 Fairoaks Drive
$180,000
● House - Off Market

116 Fairoaks Drive

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,103 Ft²
$224,973
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Welcome Home! Enjoy strolls in the park, watching the geese, playing on the playground & splash pad of Crestview's Twin Hills park, which steps away from this home's front door. The property itself features vaulted ceilings in the living room, granite countertops in the kitchen, a screened-in ''Florida Room'' porch, three bedrooms, and two bathrooms. No carpet here! Schedule your showing today!
Unit Size
1,103 Ft²
Days on Market
39 days
Land Size
0.13 acres
Price per sqft
$168
Property Type
House
Property Taxes
$45
HOA Dues
-
Year Built
2009

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (ECAR #865919)

Price History

Date / Event Date Event Price
Apr 12, 2021 Sold
Premium
Sold
Mar 3, 2021 Listed by Keller Williams Realty Cview $185,000
Listed by Keller Williams Realty Cview
Oct 27, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 273
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,579
  • Total Building Area: 1,501
  • Gross Building Area: 1,501
  • Building Area: 1,103
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,103
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIR OAKS S/D
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: FAIR OAKS S/D UNIT I LOT 8

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 15A
  • Parcel: 16-3N-23-074A-0000-0080
  • Lot: 8
  • Meridian: SEC 16 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7588
  • Longitude: -86.559

    Address

  • Full Address: 116 Fairoaks Dr
  • Legal Unit: 1
  • Address - House Number: 116
  • Address - Street Name: Fairoaks
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: C005
  • 4-Digit Zip Code: 3620
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,301
  • Tax Year: 2023
  • Tax Amount: $172,982
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 209,825
  • High Value: 253,181
  • Low Value: 166,469

    Market Valuation

  • Market Total Value: $148,462
  • Market Land Value: $5,609
  • Market Improvement Value: $142,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,462
  • Assessed Land Value: $5,609
  • Assessed Improvements Value: $142,853

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3445674
  • Previous Sale Recording Date: Oct 27, 2009
  • Previous Sale Contract Date: Oct 26, 2009
  • Previous Sale Amount: $128,100
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Crestview

Stats & Trends

Median Asking:

$284,000

Sale Price/ft²

$166

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1825 ft²

Average Home Age

22.3 years

Currently For Sale

191 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Christina K Black, Keller Williams Realty Cview
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 865919
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 116 Fairoaks Drive built and last sold?
The property at 116 Fairoaks Drive was built in 2009 and last sold on Apr 12, 2021 for $180,000.
How much is this home worth?
The estimated value of the home located at 116 Fairoaks Drive is $0.
What are some comparable homes to 116 Fairoaks Drive?
There are currently no comparable homes to 116 Fairoaks Drive.
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