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Okaloosa 32539 Oakdale
2885 2ND Avenue
$80,000
● House - Off Market

2885 2ND Avenue

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,317 Ft²
$144,311
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Wonderful short sale opportunity! This 3 bedroom 2 bath home offers tile floors in wet areas, bay window in dining area. Master bathroom features a garden tub. Fenced yard is just a small portion of the 190'deep lot. Perfect starter home, investment or retirement! See it today!
Unit Size
1,317 Ft²
Days on Market
-
Land Size
-
Price per sqft
$64
Property Type
House
Property Taxes
$52
HOA Dues
-
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 #735552)

Price History

Date / Event Date Event Price
Jun 2, 2016 Sold
Premium
Sold
Aug 4, 2015 Listed by RE/MAX Agency One $84,500
Listed by RE/MAX Agency One
Aug 30, 2005 Sold
Premium
Sold

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: 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: 240
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,186
  • Total Building Area: 1,665
  • Gross Building Area: 1,665
  • Building Area: 1,317
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,317
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKDALE MIN/FARMS
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RE S/D LOTS 11 & 12 BLK 13 OAKDALE MIN/FARMS LOT 11 BLK 2

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020400

Geography

  • Assessors Map Reference: MAP 6
  • Parcel: 04-3N-23-1842-0002-0110
  • Block: 13,2
  • Lot: 11,12
  • Meridian: SEC 04 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7768
  • Longitude: -86.5523

    Address

  • Full Address: 2885 2nd Ave Ne
  • Address - House Number: 2885
  • Street Segment Direction: NE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Crestview
  • Carrier Code: R005
  • 4-Digit Zip Code: 8955
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,462
  • Tax Year: 2023
  • Tax Amount: $160,023
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 227,157
  • High Value: 275,031
  • Low Value: 179,283

    Market Valuation

  • Market Total Value: $165,706
  • Market Land Value: $21,949
  • Market Improvement Value: $143,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,706
  • Assessed Land Value: $21,949
  • Assessed Improvements Value: $143,757

    Sales

  • Current Sale Contract Date: May 31, 2016
  • Current Sale Recording Date: Jun 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3069531
  • Previous Sale Recording Date: Aug 30, 2005
  • Previous Sale Contract Date: Aug 26, 2005
  • Previous Sale Amount: $158,500
  • Previous Sale Document Type: 20
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 Oakdale

Stats & Trends

Median Asking:

$226,900

Sale Price/ft²

$168

Below Asking

0.06%

Average Days on Market

139

Average Home Size

1476 ft²

Average Home Age

9.5 years

Currently For Sale

19 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: Team Laurie & Lori, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 735552
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 2885 2nd Avenue Northeast built and last sold?
The property at 2885 2nd Avenue Northeast was built in 2005 and last sold on May 31, 2016 for $80,000.
How much is this home worth?
The estimated value of the home located at 2885 2nd Avenue Northeast is $0.
What are some comparable homes to 2885 2nd Avenue Northeast?
There are currently no comparable homes to 2885 2nd Avenue Northeast.
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