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Okaloosa 32536 Colony Ridge
2441 HAMMOCK Lane
$450,000
● House - Off Market

2441 HAMMOCK Lane

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,031 Ft²
$798,683
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

AVAILABLE NOW! 2015 PARADE OF HOMES ENTRY for the 2 year consecutive back to back WINNING BUILDER. The bar has been raised with over 4000 sqft of living space featuring stunning design and quality construction in one of Crestview's Premier GATED COMMUNITIES, COLONY RIDGE PH II. This 1.5 story home features an open floor plan concept with large room sizes, a designer kitchen, a master bath that rivals most spa's, 4 bedrooms and 3.5 baths, and a bonus room or man cave that will blow you away! Wait until you see the mud room area and built ins! There is even a pet bedroom!!! There are simply too many features to list on this one. The home will be entered in the 2015 Parade of Homes, but it is available for purchase NOW. The massive fridge stays! Hurry before it's GONE!
Unit Size
4,031 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$112
Property Type
House
Property Taxes
$17
HOA Dues
$360
Year Built
2015

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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 #726837)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Jul 26, 2022 No longer available -
No longer available
Jul 6, 2022 Listed by Elite Real Estate Services of NWFL LLC $815,000
Listed by Elite Real Estate Services of NWFL LLC
May 7, 2021 Sold
Premium
Sold
Aug 31, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 14
  • Roof Shape Type: 9
  • Roof Cover Type: 21
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 784
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,728
  • Total Building Area: 5,182
  • Gross Building Area: 5,182
  • Building Area: 3,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY RIDGE
  • Land Acres: 0000000683
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: COLONY RIDGE PH II LOT 6 BLK F

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 8
  • Subdivision Phase Number: 2
  • Parcel: 07-3N-23-1200-000F-0060
  • Block: F
  • Lot: 6
  • Meridian: SEC 07 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7758
  • Longitude: -86.5883

    Address

  • Full Address: 2441 Hammock Ln
  • Address - House Number: 2441
  • Address - Street Name: Hammock
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Crestview
  • Carrier Code: C001
  • 4-Digit Zip Code: 0016
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 4,455
  • Tax Year: 2023
  • Tax Amount: $380,863
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 708,329
  • High Value: 826,452
  • Low Value: 590,206

    Market Valuation

  • Market Total Value: $592,888
  • Market Land Value: $50,000
  • Market Improvement Value: $542,888

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,025

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3580697
  • Previous Sale Recording Date: May 07, 2021
  • Previous Sale Contract Date: May 04, 2021
  • Previous Sale Amount: $595,000
  • 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 Colony Ridge

Stats & Trends

Median Asking:

$546,240

Sale Price/ft²

$231

Above Asking

0.00%

Average Days on Market

81

Average Home Size

2619 ft²

Average Home Age

6.5 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

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ECAR

Listed by: Robyn Helt, Elite Real Estate Services of NWFL LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 726837
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 2441 Hammock Lane built and last sold?
The property at 2441 Hammock Lane was built in 2015 and last sold on Sep 23, 2022 for $680,000.
How much is this home worth?
The estimated value of the home located at 2441 Hammock Lane is $815,223.
What are some comparable homes to 2441 Hammock Lane?
There are currently no comparable homes to 2441 Hammock Lane.
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