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Okaloosa 32536
131 Cayson Avenue
$110,000
● House - Off Market

131 Cayson Avenue

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,400 Ft²
$627
Est. Monthly

About This Property

**Price Reduction** Great Opportunity!! Fixer Upper! Metal Roof! Two Story 4Bed/2Bath Approximate 2400 sqft heated/cooled with a metal roof. Zoned as Mixed use  property and located in the middle of town with Lots of new growth and just a short drive from local schools, hospital, south Publix, a variety of restaurants, and the upcoming Crestview Commons, Hwy 85 and I-10 are in close proximity to the property.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$53
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (ECAR MLS #935197)

Price History

Date / Event Date Event Price
Dec 31, 2024 Sold
Premium
Sold
Oct 23, 2023 Listed by RE/MAX Agency One $127,500
Listed by RE/MAX Agency One

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,003
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,912
  • Gross Building Area: 2,912
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST HILL
  • Land Acres: 0000000436
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: WEST HILL S. 150 FT OF LOT 1 BLK 1

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020500

Geography

  • Assessors Map Reference: 15B
  • Parcel: 18-3N-23-2640-0001-001B
  • Block: 1
  • Lot: 1
  • Meridian: SEC 18 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7641
  • Longitude: -86.5926

    Address

  • Full Address: 131 Cayson Ave
  • Address - House Number: 131
  • Address - Street Name: Cayson
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Crestview
  • Carrier Code: C001
  • 4-Digit Zip Code: 5108
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 2,654
  • Tax Year: 2023
  • Tax Amount: $192,998
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 94
  • Final Value: 185,995
  • High Value: 201,031
  • Low Value: 170,959

    Market Valuation

  • Market Total Value: $201,698
  • Market Land Value: $32,925
  • Market Improvement Value: $168,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,698
  • Assessed Land Value: $32,925
  • Assessed Improvements Value: $168,773
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 Okaloosa

Stats & Trends

Median Asking:

$371,900

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1851 ft²

Average Home Age

29 years

Currently For Sale

2380 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: Your House Team, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 935197
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 131 Cayson Avenue built and last sold?
The property at 131 Cayson Avenue was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 131 Cayson Avenue is $0.
What are some comparable homes to 131 Cayson Avenue?
There are currently no comparable homes to 131 Cayson Avenue.
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