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Crestview 32536 Ridge Crest
203 Cabana Way
$115,000
● House - Off Market

203 Cabana Way

Crestview, FL 32536
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$221,679
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

A wonderful, lovely home! NEW PAINT AND NEW CARPET !! 3 bedroom / 2 bath, 2-car garage, Features a Large Master bedroom with a walk-in closet and Master bath ! Eat-in Kitchen/Dining with Breakfast Bar and a large Pantry. Family room is 21x17 !! An open floor plan with the advantage of being able to cook and entertain at the same time!! Appliances are like new, and include: a smooth top range, refrigerator w/ice maker, microwave, dishwasher and garbage disposal. 1320 sq. ft., built in 2005 on a quarter-acre lot with sprinkler system (''as is''). A very nice home - come and see !!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
2005

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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: 2 years ago (ECAR MLS #729049)

Price History

Date / Event Date Event Price
Oct 4, 2023 Sold
Premium
Sold
Aug 18, 2023 No longer available -
No longer available
Jul 4, 2023 Price Decreased $268,500
↓ $6K (2.3%)
Price Decreased
Jun 29, 2023 Price Decreased $274,900
↓ $2K (0.7%)
Price Decreased
Jun 27, 2023 Price Decreased $276,900
↓ $2K (0.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 18
  • 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: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,891
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE CREST
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RIDGE CREST PH II LOT 14 BLK C

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 1
  • Subdivision Phase Number: 2
  • Parcel: 18-3N-23-1261-000C-0140
  • Block: C
  • Lot: 14
  • Meridian: SEC 18 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7581
  • Longitude: -86.5794

    Address

  • Full Address: 203 Cabana Way
  • Address - House Number: 203
  • Address - Street Name: Cabana
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Crestview
  • Carrier Code: C003
  • 4-Digit Zip Code: 3316
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,561
  • Tax Year: 2023
  • Tax Amount: $267,817
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1835
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 252,451
  • High Value: 298,787
  • Low Value: 206,114

    Market Valuation

  • Market Total Value: $185,101
  • Market Land Value: $20,639
  • Market Improvement Value: $164,462

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,101
  • Assessed Land Value: $20,639
  • Assessed Improvements Value: $164,462

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3650348
  • Previous Sale Recording Date: Aug 21, 2015
  • Previous Sale Contract Date: Aug 14, 2015
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Ridge Crest

Stats & Trends

Median Asking:

$219,950

Sale Price/ft²

$191

Below Asking

0.01%

Average Days on Market

34

Average Home Size

1192 ft²

Average Home Age

21 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: Rai DesGranges, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 729049
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 203 Cabana Way built and last sold?
The property at 203 Cabana Way was built in 2005 and last sold on Oct 2, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 203 Cabana Way is $0.
What are some comparable homes to 203 Cabana Way?
There are currently no comparable homes to 203 Cabana Way.
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