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Crestview 32536 Riverchase
404 Riverchase Boulevard
$158,000
● House - Off Market

404 Riverchase Boulevard

Crestview, FL 32536
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,780 Ft²
$283,637
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

HUGE PRICE REDUCTION!! South of I-10 in a well established neighborhood! This home is MOVE IN READY featuring a BRAND NEW ROOF, NEW PAINT, NEW HANDSCRAPED FLOORING IN THE LIVING, DINING, and KITCHEN, NEW CARPET IN BEDROOMS, BEAUTIFUL GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES! DON'T MISS OUT ON THIS AWESOME HOME!
Unit Size
1,780 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$90
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
1998

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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 #732847)

Price History

Date / Event Date Event Price
Apr 10, 2023 Sold
Premium
Sold
Mar 3, 2023 No longer available -
No longer available
Feb 22, 2023 Price Decreased $314,990
↓ $4K (1.3%)
Price Decreased
Feb 7, 2023 Relisted $319,000
Relisted
Jan 14, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,173
  • Total Building Area: 2,385
  • Gross Building Area: 2,385
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERCHASE S/D
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: RIVERCHASE S/D PH II LOT 4 BLK I

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020602

Geography

  • Assessors Map Reference: 19
  • Subdivision Phase Number: 2
  • Parcel: 06-2N-23-5001-000I-0040
  • Block: I
  • Lot: 4
  • Meridian: SEC 06 TWN 02N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7059
  • Longitude: -86.5919

    Address

  • Full Address: 404 Riverchase Blvd
  • Address - House Number: 404
  • Address - Street Name: Riverchase
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Crestview
  • Carrier Code: R016
  • 4-Digit Zip Code: 4298
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 2,068
  • Tax Year: 2023
  • Tax Amount: $364,735
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.4674
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 6
  • Final Value: 166,636
  • High Value: 244,532
  • Low Value: 88,739

    Market Valuation

  • Market Total Value: $225,453
  • Market Land Value: $35,500
  • Market Improvement Value: $189,953

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,453
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $189,953

    Sales

  • Current Sale Contract Date: Apr 03, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3616609
  • Previous Sale Recording Date: Oct 25, 2022
  • Previous Sale Contract Date: Oct 25, 2022
  • Previous Sale Amount: $200,100
  • Previous Sale Document Type: 23

    Financing

  • First Mortgage Financing Type: VAR
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 Riverchase

Stats & Trends

Median Asking:

$326,144

Sale Price/ft²

$185

Below Asking

0.05%

Average Days on Market

110

Average Home Size

2424 ft²

Average Home Age

15.5 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

Nearby Rentals

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ECAR

Listed by: Merinda Vause, Assurance Realty of NWFL LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 732847
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 404 Riverchase Boulevard built and last sold?
The property at 404 Riverchase Boulevard was built in 1998 and last sold on Apr 3, 2023 for $316,000.
How much is this home worth?
The estimated value of the home located at 404 Riverchase Boulevard is $0.
What are some comparable homes to 404 Riverchase Boulevard?
There are currently no comparable homes to 404 Riverchase Boulevard.
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