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Crestview 32536 Ridge Crest
204 Cabana Way
$100,101
● House - Off Market

204 Cabana Way

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,244 Ft²
$168,488
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

REO. This Crestview home is located in Ridge Crest Estates sitting toward the back of a cul-de-sac for privacy. 4 bedrooms and 2 bathrooms with the much desired split floor plan for under $100,000. This home is an all electric home. Here are some of the many extras, fans through-out home, flat top stove, stove has pan draw, hurricane front door with drop down panel to let breeze through,internal garage key pad for easy entry, 2 car garage, garage disposal, mocha maple cabinet in kitchen, microwave, stove, built in microwave, refrigerator and dishwasher all stay. Great deck for entertaining. Back yard is completely fenced. Home has security system. Take a look today.
Unit Size
1,244 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2005

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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 #753909)

Price History

Date / Event Date Event Price
Aug 8, 2016 Sold
Premium
Sold
May 31, 2016 Listed by ERA American Real Estate $99,600
Listed by ERA American Real Estate

Property Highlights

Air Conditioning

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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • 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: 10,889
  • Total Building Area: 1,790
  • Gross Building Area: 1,790
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,244
  • 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 52 BLK A

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 9
  • Subdivision Phase Number: 2
  • Parcel: 18-3N-23-1261-000A-0520
  • Block: A
  • Lot: 52
  • Meridian: SEC 18 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7579
  • Longitude: -86.5788

    Address

  • Full Address: 204 Cabana Way
  • Address - House Number: 204
  • Address - Street Name: Cabana
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Crestview
  • Carrier Code: C003
  • 4-Digit Zip Code: 3320
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,486
  • Tax Year: 2023
  • Tax Amount: $287,694
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 233,165
  • High Value: 281,799
  • Low Value: 184,530

    Market Valuation

  • Market Total Value: $177,833
  • Market Land Value: $20,639
  • Market Improvement Value: $157,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,833
  • Assessed Land Value: $20,639
  • Assessed Improvements Value: $157,194

    Sales

  • Current Sale Contract Date: Jul 25, 2016
  • Current Sale Recording Date: Aug 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 3082867
  • Previous Sale Recording Date: Aug 08, 2016
  • Previous Sale Contract Date: Jul 13, 2016
  • Previous Sale Amount: $100,200
  • 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 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: Brandon Jordan, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 753909
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 204 Cabana Way built and last sold?
The property at 204 Cabana Way was built in 2005 and last sold on Jul 25, 2016 for $50,050.
How much is this home worth?
The estimated value of the home located at 204 Cabana Way is $0.
What are some comparable homes to 204 Cabana Way?
There are currently no comparable homes to 204 Cabana Way.
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