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Okaloosa 32539 Cherokee Bend
4688 Cahokia Run
$310,000
● House - Off Market

4688 Cahokia Run

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
$1,796
Est. Monthly
$120
HOA / Fees
6.30%
Cap Rate

About This Property

Welcome to this desirable, professionally cleaned contemporary home featuring 3 spacious bedrooms and 2 modern bathrooms. The cozy living room filled with natural light is complete with a charming fireplace, creates the perfect space for relaxation. The home's exterior is just as inviting, offering a covered back porch for outdoor entertaining and a fenced backyard that ensures privacy. Sitting on a generous half-acre lot, the property includes a newer double gate for easy backyard access and an updated garage door, adding both functionality and curb appeal.
Unit Size
-
Days on Market
58 days
Land Size
0.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$153
HOA Dues
$120
Year Built
2001

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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 #958286)

Price History

Date / Event Date Event Price
Jul 31, 2025 Sold
Premium
Sold
Jul 2, 2025 In contract -
In contract
Mar 30, 2025 Price Decreased $310,000
↓ $5K (1.6%)
Price Decreased
Mar 27, 2025 Relisted $315,000
Relisted
Mar 8, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,412
  • Total Building Area: 2,293
  • Gross Building Area: 2,293
  • Building Area: 1,556
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,556
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHEROKEE BEND S/D
  • Land Acres: 0000000515
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: CHEROKEE BEND S/D PH II LOT 5 BLK D

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020702

Geography

  • Assessors Map Reference: 15C
  • Subdivision Phase Number: 2
  • Parcel: 33-3N-23-2001-000D-0050
  • Block: D
  • Lot: 5
  • Meridian: SEC 33 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7166
  • Longitude: -86.5591

    Address

  • Full Address: 4688 Cahokia Run
  • Address - House Number: 4688
  • Address - Street Name: Cahokia
  • Address - Suffix Type: Run
  • State: FL
  • City Name: Crestview
  • Carrier Code: R013
  • 4-Digit Zip Code: 5720
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,868
  • Tax Year: 2023
  • Tax Amount: $183,742
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 295,435
  • High Value: 357,699
  • Low Value: 233,171

    Market Valuation

  • Market Total Value: $215,336
  • Market Land Value: $38,000
  • Market Improvement Value: $177,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,336
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $177,336

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3556248
  • Previous Sale Recording Date: Oct 01, 2021
  • Previous Sale Contract Date: Sep 30, 2021
  • Previous Sale Amount: $255,000
  • 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 Cherokee Bend

Stats & Trends

Median Asking:

$335,000

Sale Price/ft²

$157

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2263 ft²

Average Home Age

26 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: Zarina S Ellis, Ellis Realty LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 958286
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 4688 Cahokia Run built and last sold?
The property at 4688 Cahokia Run was built in 2001 and last sold on Jun 6, 2022 for $299,000.
How much is this home worth?
The estimated value of the home located at 4688 Cahokia Run is $313,100.
What are some comparable homes to 4688 Cahokia Run?
There are currently no comparable homes to 4688 Cahokia Run.
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