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Crestview 32536 Northview Estates
175 Villacrest Drive
$272,000
● House - Off Market

175 Villacrest Drive

Crestview, FL 32536
bedrooms
3 Beds
bathrooms
2 Baths
$1,446
Est. Monthly
10.75%
Cap Rate

About This Property

This move-in ready home offers a new roof, spacious yard, and inviting curb appeal. Inside, you'll find an open living area with durable LVP flooring, a stylish updated kitchen with ample cabinet space and appliances, and comfortable bedrooms filled with natural light. The renovated bathrooms feature fresh finishes and a clean, modern look. Conveniently located near schools, shopping, and Hwy 85, this home combines comfort, value, and location in the heart of Crestview.
Unit Size
-
Days on Market
56 days
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1993

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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 #983658)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Premium
Sold
Sep 15, 2025 In contract -
In contract
Sep 12, 2025 Price Decreased $272,500
↓ $2K (0.9%)
Price Decreased
Sep 4, 2025 Price Decreased $274,900
↓ $100 (0%)
Price Decreased
Aug 22, 2025 Listed by EXP Realty LLC $275,000
Listed by EXP Realty LLC
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,521
  • Total Building Area: 2,295
  • Gross Building Area: 2,295
  • Building Area: 1,487
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,487
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHVIEW EST
  • Land Acres: 0000000287
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: NORTHVIEW EST 3RD LOT 35

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020602

Geography

  • Assessors Map Reference: 15C
  • Parcel: 31-3N-23-2813-0000-0350
  • Lot: 35
  • Meridian: SEC 31 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7169
  • Longitude: -86.5812

    Address

  • Full Address: 175 Villacrest Dr
  • Address - House Number: 175
  • Address - Street Name: Villacrest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R010
  • 4-Digit Zip Code: 4261
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,861
  • Tax Year: 2023
  • Tax Amount: $124,650
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2026
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 284,962
  • High Value: 342,712
  • Low Value: 227,212

    Market Valuation

  • Market Total Value: $192,780
  • Market Land Value: $34,500
  • Market Improvement Value: $158,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,587

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2012
  • Current Sale Recording Date: Mar 19, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2763784
  • Previous Sale Recording Date: Sep 15, 2003
  • Previous Sale Contract Date: Sep 12, 2003
  • Previous Sale Amount: $105,000
  • 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 Northview Estates

Stats & Trends

Median Asking:

$274,900

Sale Price/ft²

$157

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1948 ft²

Average Home Age

23 years

Currently For Sale

2 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: Peyton W Saluto, EXP Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 983658
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 175 Villacrest Drive built and last sold?
The property at 175 Villacrest Drive was built in 1993 and last sold on Mar 13, 2012 for $124,900.
How much is this home worth?
The estimated value of the home located at 175 Villacrest Drive is $275,225.
What are some comparable homes to 175 Villacrest Drive?
There are currently no comparable homes to 175 Villacrest Drive.
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