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Crestview 32536 Northview Estates
186 Villacrest Drive
$135,000
● House - Off Market

186 Villacrest Drive

Crestview, FL 32536
bedrooms
3 Beds
bathrooms
2 Baths
$204,219
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Real Estate Owned REO in a great location south of I-10. Short commute to all points south to include Eglin, Duke and beaches, also close to town for shopping, medical facilities and schools. This 3 bedroom, 2 bath features a living room that is a good size with a sliding glass door to the back Florida room. The tiled kitchen is large and has a center island and there are plenty of cabinets. Double vanity sinks in the tiled master bath, not to mention separate walk in closets. Call to schedule your appointment.
Unit Size
-
Days on Market
65 days
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
-
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: 7 months ago (ECAR #803863)

Price History

Date / Event Date Event Price
Jul 6, 2021 Sold
Premium
Sold
May 14, 2021 Sold
Premium
Sold
May 4, 2021 Listed by ERA American Real Estate $229,500
Listed by ERA American Real Estate
Oct 1, 2018 Sold
Premium
Sold
Jul 24, 2018 Listed by ERA American Real Estate $135,000
Listed by ERA American Real Estate
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: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Total Building Area: 2,271
  • Gross Building Area: 2,271
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHVIEW EST
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: NORTHVIEW EST 3RD LOT 9

Neighborhood

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

Geography

  • Assessors Map Reference: 15C
  • Parcel: 31-3N-23-2813-0000-0090
  • Lot: 9
  • Meridian: SEC 31 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7163
  • Longitude: -86.5801

    Address

  • Full Address: 186 Villacrest Dr
  • Address - House Number: 186
  • Address - Street Name: Villacrest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R010
  • 4-Digit Zip Code: 4265
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 2,029
  • Tax Year: 2023
  • Tax Amount: $256,125
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 286,581
  • High Value: 346,357
  • Low Value: 226,804

    Market Valuation

  • Market Total Value: $210,138
  • Market Land Value: $34,500
  • Market Improvement Value: $175,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,855

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: Jul 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3469397
  • Previous Sale Recording Date: Oct 01, 2018
  • Previous Sale Contract Date: Sep 28, 2018
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 68
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:

$279,900

Sale Price/ft²

$159

Below Asking

0.03%

Average Days on Market

49

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

Rentals Near You

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ECAR

Listed by: Brandon Jordan, ERA American Real Estate
Last Updated: 7 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 803863
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 186 Villacrest Drive built and last sold?
The property at 186 Villacrest Drive was built in 1993 and last sold on May 14, 2021 for $229,500.
How much is this home worth?
The estimated value of the home located at 186 Villacrest Drive is $0.
What are some comparable homes to 186 Villacrest Drive?
There are currently no comparable homes to 186 Villacrest Drive.
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