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Okaloosa 32539 The Pines
4645 Eagle Way
$232,000
● House - Off Market

4645 Eagle Way

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,183 Ft²
$1,220
Est. Monthly
9.29%
Cap Rate

About This Property

Beautiful 3-bedroom 2 bath home that underwent a full remodel in the past 2 years including a roof installed in 2022 along with high impact windows and a 2022 Water heater. Some of the updated features to include are the stainless-steel appliances, solid surface granite countertops and backsplash for that extra touch. LVP flooring in the main area and carpet in the bedroom. Shiplap accent wall in the living room to add that southern charm. This home is located on a level lot and has a fenced in backyard. The location of the home provides easy commute to the local bases, beaches and shopping centers Cox high speed internet is available. WH is 2022.
Unit Size
1,183 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$203
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
2008

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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 #966695)

Price History

Date / Event Date Event Price
Mar 4, 2025 Sold
Premium
Sold
Feb 3, 2025 In contract -
In contract
Jan 20, 2025 Price Decreased $239,900
↓ $5K (2.1%)
Price Decreased
Jan 18, 2025 Listed by RE/MAX Agency One $245,000
Listed by RE/MAX Agency One
Aug 22, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 276
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,726
  • Total Building Area: 1,557
  • Gross Building Area: 1,557
  • Building Area: 1,183
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,183
  • 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: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: THE PINES S/D LOT 24 BLK 6

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 6
  • Parcel: 24-3N-22-2460-0006-0240
  • Block: 6
  • Lot: 24
  • Meridian: SEC 24 TWN 03N RNG 22W
  • Municipality: COUNTY
  • Latitude: 30.7482
  • Longitude: -86.4024

    Address

  • Full Address: 4645 Eagle Way
  • Address - House Number: 4645
  • Address - Street Name: Eagle
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Crestview
  • Carrier Code: R009
  • 4-Digit Zip Code: 8787
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,344
  • Tax Year: 2023
  • Tax Amount: $50,853
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 229,713
  • High Value: 270,661
  • Low Value: 188,766

    Market Valuation

  • Market Total Value: $162,592
  • Market Land Value: $10,000
  • Market Improvement Value: $152,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,395

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3573063
  • Previous Sale Recording Date: Aug 08, 2016
  • Previous Sale Contract Date: Jul 13, 2016
  • Previous Sale Amount: $62,600
  • Previous Sale Document Type: 68
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: Tomasz A Bielenin, RE/MAX Agency One
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 966695
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 4645 Eagle Way built and last sold?
The property at 4645 Eagle Way was built in 2008 and last sold on Aug 16, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 4645 Eagle Way is $0.
What are some comparable homes to 4645 Eagle Way?
There are currently no comparable homes to 4645 Eagle Way.
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