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Okaloosa 32539
3938 Fern Barrow Road
$172,000
● House - Off Market

3938 Fern Barrow Road

Crestview, FL 32539
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$204,832
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Cozy & charming, this country Home is nestled back in on just under 5 ACRES and on a large pond. The large deck overlooks the water with a dock for fishing or taking a small boat out for a quiet ride.  2 yard buildings, both 12 x 24, one is an awesome 'man cave'  which has power; window a/c &  a fridge. The home is well built, split level with 2 living spaces and good size bedrooms.

Nice flooring throughout.  New Hvac, New tankless HWH. Also, new septic system and well have been serviced.

Washer/dryer convey with the home. The 2 yard buildings convey 'as is'.

The seller will not be doing any more repairs.

Buyer to verify all dimensions.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
4.97 acres
Price per sqft
$135
Property Type
House
Property Taxes
$55
HOA Dues
-
Year Built
-

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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 #875734)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Jun 30, 2021 Listed by ERA American Real Estate $182,000
Listed by ERA American Real Estate
Jun 17, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,529
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000001160
  • Standard Land Use Code: 8000
  • County Land Use Code: 000000
  • Legal Description 1: COM NW COR OF NE1/4 OF NE1/4 W319.85 FT FOR POB THC W340 FT S149.84 FT E

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020302

Geography

  • Assessors Map Reference: MAP 9
  • Parcel: 08-3N-22-0000-0001-015A
  • Block: 1
  • Meridian: SEC 08 TWN 03N RNG 22
  • Municipality: COUNTY
  • Latitude: 30.7798
  • Longitude: -86.4643

    Address

  • Full Address: 3938 Fern Barrow Rd
  • Address - House Number: 3938
  • Address - Street Name: Fern Barrow
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Crestview
  • Carrier Code: R009
  • 4-Digit Zip Code: 6500
  • Zip Code: 32539

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $10,214
  • Market Land Value: $10,214

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $10,214
  • Assessed Land Value: $10,214

    Sales

  • Current Sale Contract Date: Jun 17, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3366465
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 Okaloosa

Stats & Trends

Median Asking:

$372,500

Sale Price/ft²

$219

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1847 ft²

Average Home Age

28.9 years

Currently For Sale

2389 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: Patricia A Williams, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 875734
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 3938 Fern Barrow Road built and last sold?
The property at 3938 Fern Barrow Road was built in and last sold on Jun 17, 2020 for $80,000.
How much is this home worth?
The estimated value of the home located at 3938 Fern Barrow Road is $196,192.
What are some comparable homes to 3938 Fern Barrow Road?
There are currently no comparable homes to 3938 Fern Barrow Road.
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