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Crestview 32536 Old Bethel Estates
404 Tobago Court
$355,000
● House - Off Market

404 Tobago Court

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,416 Ft²
$2,088
Est. Monthly
6.50%
Cap Rate

About This Property

Pool home in central Crestview that is SO Clean! Imagine afternoons on the expansive deck overlooking the sparkling blue waters of your own pool.  Backing up to green space, with additional concrete decking around the pool, afternoons are perfect for sunning and entertaining.  Finish the evening under the twinkling lights of the covered patio. Inside you will find perfection everywhere.  Kitchen is an entertainers dream with spacious open concept, eat-in areas, and ample countertops. Newer appliances, and tile floors make the kitchen low maintenance-come home and RELAX! Bedrooms are huge, and feature new carpet and upgraded padding for quiet sleep. Roof is 2021, Water heater is 2018
Unit Size
2,416 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$145
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
2003

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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 #949857)

Price History

Date / Event Date Event Price
Dec 11, 2024 Sold
Premium
Sold
May 14, 2024 Listed by Century 21 BE3 $350,000
Listed by Century 21 BE3
Jul 3, 2023 Sold
Premium
Sold
Jun 9, 2023 No longer available -
No longer available
Jun 6, 2023 Price Decreased $399,900
↓ $25K (5.9%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 58
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,968
  • Total Building Area: 3,304
  • Gross Building Area: 3,304
  • Building Area: 2,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLD BETHEL EST
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: OLD BETHEL EST PH 1 BLK C LOT 3

Neighborhood

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

Geography

  • Assessors Map Reference: 14A
  • Subdivision Phase Number: 1
  • Parcel: 12-3N-24-1500-000C-0030
  • Block: C
  • Lot: 3
  • Meridian: SEC 12 TWN 03N RNG 24W
  • Municipality: CRESTVIEW
  • Latitude: 30.7752
  • Longitude: -86.5964

    Address

  • Full Address: 404 Tobago Ct
  • Address - House Number: 404
  • Address - Street Name: Tobago
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Crestview
  • Carrier Code: R007
  • 4-Digit Zip Code: 9599
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 2,806
  • Tax Year: 2023
  • Tax Amount: $442,852
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.0808
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 316,733
  • High Value: 342,339
  • Low Value: 291,128

    Market Valuation

  • Market Total Value: $273,740
  • Market Land Value: $30,293
  • Market Improvement Value: $243,447

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,740
  • Assessed Land Value: $30,293
  • Assessed Improvements Value: $243,447

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3633190
  • Previous Sale Recording Date: Dec 16, 2022
  • Previous Sale Contract Date: Dec 13, 2022
  • Previous Sale Amount: $275,000
  • 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 Old Bethel Estates

Stats & Trends

Median Asking:

$304,750

Sale Price/ft²

$139

Above Asking

0.00%

Average Days on Market

63

Average Home Size

2020 ft²

Average Home Age

19.6 years

Currently For Sale

5 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

Rentals Near You

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ECAR

Listed by: Michael A Johnson, Century 21 BE3
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 949857
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 Tobago Court built and last sold?
The property at 404 Tobago Court was built in 2003 and last sold on Jun 28, 2023 for $390,000.
How much is this home worth?
The estimated value of the home located at 404 Tobago Court is $0.
What are some comparable homes to 404 Tobago Court?
There are currently no comparable homes to 404 Tobago Court.
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