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Wright 32547 Overbrook
407 Cheyenne Circle
$289,000
● House - Off Market

407 Cheyenne Circle

Fort Walton Beach, FL 32547
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,126 Ft²
$488,114
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Lovely Family Home in the Heart of FWB close to shopping, hospital, schools and both Eglin & Hurlburt! Over half an acre lot on a tree-lined cul de sac with mature trees, lots of manicured lawn and yard, completely fenced and featuring lots of open deck space surrounding a great in-ground pool (child safety fence included). Patio Table and furniture, swing set. new Gazebo with deck and a ''like new'' 6 person Hot Tub are all included in the sale. This beautifully updated home features an entry foyer, formal dining room, large living /great room, kitchen with stainless steel appliances and breakfast bar overlooking the family room with sliders out to the pool and patio area. The A/C system is less than 3 years old and a large 20x20 shed is included. This is a real gem & move in ready!!
Unit Size
2,126 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

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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 #754268)

Price History

Date / Event Date Event Price
Jan 20, 2022 Sold
Premium
Sold
Aug 5, 2016 Sold
Premium
Sold
Jun 6, 2016 Listed by Exceptional Properties $289,000
Listed by Exceptional Properties
May 27, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 506
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,538
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,678
  • Gross Building Area: 2,678
  • Building Area: 2,124
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,124
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERBROOK SUB
  • Land Acres: 0000000472
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: OVERBROOK SUB LOT 56 BLK D

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Assessors Map Reference: 52
  • Parcel: 10-2S-24-3030-000D-0560
  • Block: D
  • Lot: 56
  • Meridian: SEC 10 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4339
  • Longitude: -86.6475

    Address

  • Full Address: 407 Cheyenne Cir
  • Address - House Number: 407
  • Address - Street Name: Cheyenne
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 3501
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 2,416
  • Tax Year: 2023
  • Tax Amount: $242,566
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 478,215
  • High Value: 571,132
  • Low Value: 385,298

    Market Valuation

  • Market Total Value: $366,850
  • Market Land Value: $98,146
  • Market Improvement Value: $268,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2022
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3521026
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Contract Date: Aug 05, 2016
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Overbrook

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$229

Above Asking

0.00%

Average Days on Market

47

Average Home Size

1739 ft²

Average Home Age

36.4 years

Currently For Sale

0 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: Elizabeth Castro-Hovenden, Exceptional Properties
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 754268
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 407 Cheyenne Circle built and last sold?
The property at 407 Cheyenne Circle was built in 1976 and last sold on Jan 12, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 407 Cheyenne Circle is $0.
What are some comparable homes to 407 Cheyenne Circle?
There are currently no comparable homes to 407 Cheyenne Circle.
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