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Crestview 32539 Steeplechase
611 Risen Star Drive
$250,000
● House - Off Market

611 Risen Star Drive

Crestview, FL 32539
bedrooms
3 Beds
bathrooms
2 Baths
$1,238
Est. Monthly

About This Property

Real Estate Owned. All brick. Gas fireplace and Plant ledges in the Living Room. Tile floors in the Foyer, Kitchen,Breakfast nook and Laundry Room. Different ceilings throughout the home: Cathedral over Living Room, Kitchen & Breakfast Nook, Tray in the Dining Room and front bedroom, coffered in the back bedroom, double tray in the Master bedroom. Fully equipped Kitchen: Stove, Dishwasher, Refrigerator, and Microwave. Marble vanities in both bathrooms. Recessed lighting. Master Bedroom suite with walk-in closet, separate shower, garden tub and double vanity. Plus...18x10 Screened porch. Call to take a look today at 611 Risen Star Dr today.
Unit Size
-
Days on Market
79 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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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: 7 months ago (ECAR #938822)

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold
Premium
Sold
Dec 21, 2023 Listed by ERA American Real Estate $252,000
Listed by ERA American Real Estate
Aug 23, 2017 Sold
Premium
Sold
Aug 18, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 9
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,394
  • Total Building Area: 2,420
  • Gross Building Area: 2,420
  • Building Area: 1,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,527
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STEEPLECHASE
  • Land Acres: 0000000216
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: STEEPLECHASE PH III LOT 55 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020702

Geography

  • Assessors Map Reference: 15C
  • Subdivision Phase Number: 3
  • Parcel: 28-3N-23-2352-000A-0550
  • Block: A
  • Lot: 55
  • Meridian: SEC 28 TWN 03N RNG 23W
  • Municipality: CRESTVIEW
  • Latitude: 30.7304
  • Longitude: -86.5499

    Address

  • Full Address: 611 Risen Star Dr
  • Address - House Number: 611
  • Address - Street Name: Risen Star
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R023
  • 4-Digit Zip Code: 6017
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,998
  • Tax Year: 2023
  • Tax Amount: $336,374
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.0803
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 94
  • Final Value: 247,511
  • High Value: 267,410
  • Low Value: 227,611

    Market Valuation

  • Market Total Value: $231,589
  • Market Land Value: $32,000
  • Market Improvement Value: $199,589

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,589
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $199,589

    Sales

  • Current Sale Contract Date: Feb 27, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 3675553
  • Previous Sale Recording Date: Aug 23, 2017
  • Previous Sale Contract Date: Jul 28, 2017
  • Previous Sale Amount: $63,100
  • Previous Sale Document Type: 55

    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 Steeplechase

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$144

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1862 ft²

Average Home Age

28.8 years

Currently For Sale

4 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

Rentals Near You

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ECAR

Listed by: Brandon Jordan, ERA American Real Estate
Last Updated: 7 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 938822
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 611 Risen Star Drive built and last sold?
The property at 611 Risen Star Drive was built in 1999 and last sold on Feb 27, 2024 for $250,000.
How much is this home worth?
The estimated value of the home located at 611 Risen Star Drive is $0.
What are some comparable homes to 611 Risen Star Drive?
There are currently no comparable homes to 611 Risen Star Drive.
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