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Crestview 32536 Eagles Landing
508 Wingspan Way
$226,900
● House - Off Market

508 Wingspan Way

Crestview, FL 32536
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,264 Ft²
$229,069
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

VACANT & MOVE IN READY!  The townhome boasts two master suites, and the community has a pool!  Located South of I-10, within minutes of Duke, 7th Special Forces & Eglin. 2 bedroom, 2.5 bathroom with a single car garage, under stairs storage. Lots of crown molding, ceiling fans in living and bedrooms.  Both bedrooms have a walk in closet, back master has an additional smaller closet. Kitchen has flat top stove with microwave, refrigerator with ice maker, dishwasher & disposal. There is a community pool with a cabana and a community playground. Please verify measurements and all information, as deeded important. Selling Brokerage & Eagles Landing Townhomes are owned by the same parent company.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$177
Property Type
House
Property Taxes
$147
HOA Dues
$120
Year Built
2006

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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 #894897)

Price History

Date / Event Date Event Price
Jul 26, 2022 Sold
Premium
Sold
Apr 4, 2022 Listed by HCB Realty Advisors LLC $223,900
Listed by HCB Realty Advisors LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • 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: 1,685
  • Total Building Area: 1,660
  • Gross Building Area: 1,660
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLES LANDING T/H
  • Land Acres: 0000000039
  • Standard Land Use Code: 1001
  • County Land Use Code: 000109
  • State Land Use Code: 01
  • Legal Description 1: EAGLES LANDING T/H LOT 1 BLK P

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020602

Geography

  • Assessors Map Reference: MAP 5
  • Parcel: 01-2N-24-1000-000P-0010
  • Block: P
  • Lot: 1
  • Meridian: SEC 01 TWN 02N RNG 24W
  • Municipality: CRESTVIEW
  • Latitude: 30.7091
  • Longitude: -86.5921

    Address

  • Full Address: 508 Wingspan Way
  • Address - House Number: 508
  • Address - Street Name: Wingspan
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Crestview
  • Carrier Code: R016
  • 4-Digit Zip Code: 2255
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,428
  • Tax Year: 2023
  • Tax Amount: $293,090
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 228,955
  • High Value: 278,251
  • Low Value: 179,660

    Market Valuation

  • Market Total Value: $181,169
  • Market Land Value: $20,000
  • Market Improvement Value: $161,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,169
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $161,169

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Jul 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3567214

    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 Eagles Landing

Stats & Trends

Median Asking:

$188,000

Sale Price/ft²

$147

Below Asking

0.02%

Average Days on Market

109

Average Home Size

1460 ft²

Average Home Age

20 years

Currently For Sale

1 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: Kimberly D Campbell, HCB Realty Advisors LLC
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 894897
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 508 Wingspan Way built and last sold?
The property at 508 Wingspan Way was built in 2006 and last sold on Jul 22, 2022 for $226,900.
How much is this home worth?
The estimated value of the home located at 508 Wingspan Way is $0.
What are some comparable homes to 508 Wingspan Way?
There are currently no comparable homes to 508 Wingspan Way.
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