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Okaloosa 32536 Lake Point
595 Ridgelake Road
Photo of 595 Ridgelake Road

1

Map

$340,000
● House - In Contract

595 Ridgelake Road

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,054 Ft²
$1,670
Est. Monthly
Unit Size
2,054 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997

Listed By

Janet F Johnson
[email protected]
ERA American Real Estate

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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 months ago (ECAR #1011783)

Price History

Date / Event Date Event Price
Sep 10, 2026 Listed by ERA American Real Estate $340,000
Listed by ERA American Real Estate
Jul 1, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Raised, Fireplace, Split Bedroom
Appliances: Dishwasher, Range Hood, Refrigerator, Water Heater, Smoke Detector, Stove/Oven Electric
Flooring Type: Hardwood, Floor WW Carpet New
Rooms: 7
Exterior Details
Square Footage: 2054
Property Condition: Construction Complete
Architectural Style: Traditional
Year Built: 1997
Building Area Total: 2054
Window Features: Double Pane Windows, Window Treatmnt Some
Construction Materials: Brick, Trim Vinyl
Lot Features: Interior
Lot Size Area: 0.49
Lot Size Units: Acres
Lot Size Acres: 0.49
Lot Size Square Feet: 21344.4
Lot Size Dimensions: 125x160
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 21
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 825
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,552
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 3,692
  • Gross Building Area: 3,692
  • Building Area: 2,054
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,054
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEPOINT S/D
  • Land Acres: 0000000495
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: LAKEPOINT S/D PHASE I LOT 1 BLK A

Neighborhood

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

Geography

  • Assessors Map Reference: 15B
  • Subdivision Phase Number: 1
  • Parcel: 06-3N-23-1440-000A-0010
  • Block: A
  • Lot: 1
  • Meridian: SEC 06 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7878
  • Longitude: -86.5862

    Address

  • Full Address: 595 Ridge Lake Rd
  • Address - House Number: 595
  • Address - Street Name: Ridge Lake
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Crestview
  • Carrier Code: C001
  • 4-Digit Zip Code: 1517
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 2,736
  • Tax Year: 2023
  • Tax Amount: $203,584
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 374,263
  • High Value: 446,475
  • Low Value: 302,050

    Market Valuation

  • Market Total Value: $290,096
  • Market Land Value: $35,118
  • Market Improvement Value: $254,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,377

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2003
  • Current Sale Recording Date: Jul 01, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2030553
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 Lake Point

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$190

Above Asking

0.00%

Average Days on Market

43

Average Home Size

1577 ft²

Average Home Age

31 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: Janet F Johnson, ERA American Real Estate
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011783
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 595 Ridge Lake Road built and last sold?
The property at 595 Ridge Lake Road was built in 1997 and last sold on Jun 30, 2003 for $155,000.
How much is this home worth?
The estimated value of the home located at 595 Ridge Lake Road is $343,400.
What are some comparable homes to 595 Ridge Lake Road?
There are currently no comparable homes to 595 Ridge Lake Road.
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