30
Map
$395,000
↓ $4K (1%)
●
House -
For Sale
492 Spring Brook Lane
Mary Esther, FL 32569
3 Beds
2 Baths,
1
Half Bath
1,980 Ft²
$2,247
Est. Monthly
About This Property
Located in a quiet subdivision, just 2 miles west of Hurlburt
Field's front gate, an easy drive to shopping, dining and
entertainment in Fort Walton Beach, and to the sugar white sands of
Navarre Beach you could find your home sweet home in this Colonial
style 2-story, 3 bedroom 2.5 bathroom home. The first floor
is complete with a large living room, separate dining room (or
office), and spacious kitchen, and a half bath as well as patio
area with access to the back yard. Upstairs you will find an
incredible owner's suite, 2 large guest room and the guest bath.
The yard has been lovely cared for and is a gardeners
paradise with fruit and flows galore! Call your favorite
Realtor and schedule a showing today!
Seller offering $5,000.00 towards buyers closing costs and/prepaid items.
Seller offering $5,000.00 towards buyers closing costs and/prepaid items.
Unit Size
1,980 Ft²
Days on Market
179 days
Land Size
0.12 acres
Price per sqft
$199
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1993
Listed By
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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: 8 days ago (ECAR #1002615)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2026 | Price Decreased |
$395,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$399,000
↓ $6K
(1.5%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by Real Broker LLC | $405,000 | |
| Listed by Real Broker LLC | |||
| May 2, 2022 | Sold | ||
| Sold | |||
| Mar 8, 2022 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Pantry, Fireplace, Wallpaper, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Oven Self Cleaning, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric
Flooring Type: Laminate, Floor Tile
Rooms: 8
Has Fireplace
Fireplace Features: Fireplace Gas
Exterior Details
Square Footage: 1980
Property Condition: Construction Complete
Architectural Style: Colonial
Year Built: 1993
Building Area Total: 1980
Window Features: Skylight(s), Double Pane Windows, Window Treatment All
Construction Materials: Frame, Siding Brick Some, Siding Vinyl
Patio and Porch Features: Covered, Patio, Porch, Porch
Lot Features: Cul-De-Sac, Level, Covenants, Dead End, Interior, Within 1/2 Mile to Water
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Lot Size Dimensions: 85' x 60'
Water Source: Public
Financial Details
Tax Annual Amount: $3,680
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Forest Cove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christina M Jennings, Real Broker LLC
Last Updated: 8 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1002615
Last Updated: 8 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1002615
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