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Okaloosa 32569 Keystone
498 Keystone Road
$244,900
● House - Off Market

498 Keystone Road

Mary Esther, FL 32569
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$243,372
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Perfect investment opportunity or starter home! Located Less than a mile from the main gate of Hurlburt Field AFB. Spacious unit with tile flooring and a half bathroom downstairs. Large master bedroom with double closet and full bath. Guest bedroom has lots of closet space and private bathroom as well. Fenced back patio area with no grass perfect for grilling on summer nights. Less than 10 min ride to beautiful white sand beaches!
Unit Size
-
Days on Market
38 days
Land Size
0.03 acres
Price per sqft
-
Property Type
House
Property Taxes
$154
HOA Dues
$50
Year Built
1998

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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 #922036)

Price History

Date / Event Date Event Price
Sep 21, 2023 Sold
Premium
Sold
Apr 27, 2023 Listed by Coastal Realty Partners $244,900
Listed by Coastal Realty Partners
Oct 18, 2018 Sold
Premium
Sold
Sep 11, 2018 No longer available -
No longer available
Sep 5, 2018 Listed by Coastal Realty Partners $144,900
Listed by Coastal Realty Partners
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 242
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,445
  • Total Building Area: 1,646
  • Gross Building Area: 1,646
  • Building Area: 1,289
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,289
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KEYSTONE T/H
  • Land Acres: 0000000033
  • Standard Land Use Code: 1001
  • County Land Use Code: 000109
  • State Land Use Code: 01
  • Legal Description 1: KEYSTONE T/H LOT 16 BLK B

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 023100

Geography

  • Assessors Map Reference: 17
  • Parcel: 14-2S-25-0944-000B-0160
  • Block: B
  • Lot: 16
  • Meridian: SEC 14 TWN 02S RNG 25W
  • Municipality: FLOROSA FIRE (SW)
  • Latitude: 30.4142
  • Longitude: -86.7218

    Address

  • Full Address: 498 Keystone Rd
  • Address - House Number: 498
  • Address - Street Name: Keystone
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Mary Esther
  • Carrier Code: R002
  • 4-Digit Zip Code: 1504
  • Zip Code: 32569

Valuation

    Tax

  • Total Area: 1,437
  • Tax Year: 2023
  • Tax Amount: $211,793
  • Tax Rate Code Area: 021

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 264,013
  • High Value: 319,581
  • Low Value: 208,445

    Market Valuation

  • Market Total Value: $187,879
  • Market Land Value: $30,000
  • Market Improvement Value: $157,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,879
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $157,879

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Sep 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3648204
  • Previous Sale Recording Date: Oct 18, 2018
  • Previous Sale Contract Date: Oct 12, 2018
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: 71
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 Keystone

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$169

Below Asking

0.04%

Average Days on Market

187

Average Home Size

1330 ft²

Average Home Age

25 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: Rick L Basham, Coastal Realty Partners
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 922036
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 498 Keystone Road built and last sold?
The property at 498 Keystone Road was built in 1998 and last sold on Sep 14, 2023 for $244,900.
How much is this home worth?
The estimated value of the home located at 498 Keystone Road is $256,407.
What are some comparable homes to 498 Keystone Road?
There are currently no comparable homes to 498 Keystone Road.
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