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Okaloosa 32536 Silver Springs Estates
6275 EQUINE Drive
$200,000
● House - Off Market

6275 EQUINE Drive

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,104 Ft²
$346,089
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Sellers will pay up to $2,000 towards your closing costs! This ALL BRICK, 4 bed, 2 bath home W/ a formal dining room & HUGE kitchen on .64 acre in Silver Springs Estates is waiting for you! As you enter, 10 foot high ceilings greet you and the hardwood floors in the main living areas are a great upgrade! The expansive kitchen features granite counters, stone back-splash, center island, breakfast bar, and stainless steel appliances! Enjoy the master retreat tucked away for privacy - the master bath has a walk-in closet, granite-top vanity with two sinks, separate shower and garden tub with glass block window! The gigantic backyard is fully fenced and has a double-door access point from the front of the home. Buyer to verify all information deemed important. Take a look at this home today!
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$97
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
2011

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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 #751352)

Price History

Date / Event Date Event Price
Jan 19, 2018 Sold
Premium
Sold
Sep 21, 2016 Sold
Premium
Sold
Apr 25, 2016 Listed by Coldwell Banker Realty $205,000
Listed by Coldwell Banker Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 441
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,042
  • Total Building Area: 2,711
  • Gross Building Area: 2,711
  • Building Area: 2,098
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,098
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRINGS EST
  • Land Acres: 0000000621
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SILVER SPRINGS EST LOT 6 BLK E

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020304

Geography

  • Assessors Map Reference: MAP 2
  • Parcel: 20-4N-23-1000-000E-0060
  • Block: E
  • Lot: 6
  • Meridian: SEC 20 TWN 04N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.8265
  • Longitude: -86.5699

    Address

  • Full Address: 6275 Equine Dr
  • Address - House Number: 6275
  • Address - Street Name: Equine
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R018
  • 4-Digit Zip Code: 4383
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 2,360
  • Tax Year: 2023
  • Tax Amount: $156,964
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 366,852
  • High Value: 432,244
  • Low Value: 301,460

    Market Valuation

  • Market Total Value: $279,205
  • Market Land Value: $28,049
  • Market Improvement Value: $251,156

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,529

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2018
  • Current Sale Recording Date: Jan 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3183520
  • Previous Sale Recording Date: Sep 21, 2016
  • Previous Sale Contract Date: Sep 20, 2016
  • Previous Sale Amount: $200,000
  • 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 Silver Springs Estates

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$144

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2200 ft²

Average Home Age

15.7 years

Currently For Sale

3 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: Michelle Lally, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 751352
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 6275 Equine Drive built and last sold?
The property at 6275 Equine Drive was built in 2011 and last sold on Jan 16, 2018 for $220,000.
How much is this home worth?
The estimated value of the home located at 6275 Equine Drive is $212,231.
What are some comparable homes to 6275 Equine Drive?
There are currently no comparable homes to 6275 Equine Drive.
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