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Okaloosa 32539 The Pines
4639 Falcon Way
$259,900
● House - Off Market

4639 Falcon Way

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,210 Ft²
$249,218
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Estimated Completion Date by end of June! New Construction 3 bed 2 bath. The home features LVP throughout the home. The kitchen is open to the living room and features an island, stainless steel appliances, white tile backsplash, granite counter tops and an under mount sink. The spacious master bedroom can hold a king size bed! The master bath has a walk in closet and the bathrooms also have granite counter tops!  Don't delay and you may be able to pick you colors. Pictures are of a previous completed home.
Unit Size
1,210 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$207
Property Type
House
Property Taxes
$6
HOA Dues
-
Year Built
2023

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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 #921527)

Price History

Date / Event Date Event Price
Jul 6, 2023 Sold
Premium
Sold
Apr 20, 2023 Listed by Briar Patch Realty LLC $249,900
Listed by Briar Patch Realty LLC
Feb 22, 2023 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 13
  • 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: 45,682
  • Total Building Area: 1,755
  • Gross Building Area: 1,755
  • Building Area: 1,359
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,359
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE PINES S/D
  • Land Acres: 0000001049
  • Standard Land Use Code: 1001
  • County Land Use Code: 000000
  • Legal Description 1: THE PINES S/D LOT 9 BLK 3

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020306

Geography

  • Assessors Map Reference: MAP 2
  • Parcel: 24-3N-22-2460-0003-0090
  • Block: 3
  • Lot: 9
  • Meridian: SEC 24 TWN 03N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.7494
  • Longitude: -86.4037

    Address

  • Full Address: 4639 Falcon Way
  • Address - House Number: 4639
  • Address - Street Name: Falcon
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Crestview
  • Carrier Code: R009
  • 4-Digit Zip Code: 8788
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,561
  • Tax Year: 2023
  • Tax Amount: $20,410
  • Tax Rate Code Area: 001

    Market Valuation

  • Market Total Value: $10,000
  • Market Land Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $10,000

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3633735
  • Previous Sale Recording Date: Feb 22, 2023
  • Previous Sale Contract Date: Feb 22, 2023
  • Previous Sale Amount: $15,000
  • 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 The Pines

Stats & Trends

Median Asking:

$242,500

Sale Price/ft²

$176

Below Asking

0.01%

Average Days on Market

174

Average Home Size

1468 ft²

Average Home Age

-

Currently For Sale

4 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: Amanda L Gaskin, Briar Patch Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 921527
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 4639 Falcon Way built and last sold?
The property at 4639 Falcon Way was built in 2023 and last sold on Jul 5, 2023 for $259,900.
How much is this home worth?
The estimated value of the home located at 4639 Falcon Way is $0.
What are some comparable homes to 4639 Falcon Way?
There are currently no comparable homes to 4639 Falcon Way.
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