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Okaloosa 32536 Lee Farms
5402 Lee Farm Boulevard
$195,000
● House - Off Market

5402 Lee Farm Boulevard

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,520 Ft²
$391,909
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Brick home located on 1/4 acre lot with wood fenced backyard. 2520 sq. ft. living with oversized (almost 539 sq.ft.) garage with 18 wide x 8 high door. Driveway is 3 cars wide. 10 foot ceilings and crown molding in great, dining,den and kitchen. Tray ceilings and crown molding in master and living room. Kitchen cabinets have raised panel doors. Flooring is ceramic tile and wood laminate. Sprinkler system, A/C heat pump system is SEER 13, 30 year shingles. Large closets throughout home. Completed in June 2009.
Unit Size
2,520 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$79
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

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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 #584029)

Price History

Date / Event Date Event Price
Jun 20, 2019 Sold
Premium
Sold
Jun 11, 2013 Sold
Premium
Sold
Sep 17, 2012 Listed by ListWithFreedom.com $199,682
Listed by ListWithFreedom.com

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,640
  • Total Building Area: 3,212
  • Gross Building Area: 3,212
  • Building Area: 2,520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEE FARMS
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LEE FARMS PH I LOT 1 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020500

Geography

  • Subdivision Phase Number: 1
  • Parcel: 12-3N-24-1100-000A-0010
  • Block: A
  • Lot: 1
  • Meridian: SEC 12 TWN 03N RNG 24W
  • Municipality: COUNTY
  • Latitude: 30.7647
  • Longitude: -86.6025

    Address

  • Full Address: 5402 Lee Farm Blvd
  • Address - House Number: 5402
  • Address - Street Name: Lee Farm
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Crestview
  • Carrier Code: R019
  • 4-Digit Zip Code: 5453
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 2,851
  • Tax Year: 2023
  • Tax Amount: $185,050
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 391,140
  • High Value: 466,608
  • Low Value: 315,671

    Market Valuation

  • Market Total Value: $320,527
  • Market Land Value: $29,171
  • Market Improvement Value: $291,356

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,694

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3285997
  • Previous Sale Recording Date: Jun 11, 2013
  • Previous Sale Contract Date: Jun 10, 2013
  • Previous Sale Amount: $195,000
  • 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 Lee Farms

Stats & Trends

Median Asking:

$312,344

Sale Price/ft²

$130

Above Asking

0.00%

Average Days on Market

66

Average Home Size

2197 ft²

Average Home Age

14.3 years

Currently For Sale

7 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: James D Tyminski, ListWithFreedom.com
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 584029
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 5402 Lee Farm Boulevard built and last sold?
The property at 5402 Lee Farm Boulevard was built in 2009 and last sold on Jun 7, 2019 for $235,000.
How much is this home worth?
The estimated value of the home located at 5402 Lee Farm Boulevard is $211,281.
What are some comparable homes to 5402 Lee Farm Boulevard?
There are currently no comparable homes to 5402 Lee Farm Boulevard.
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