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Okaloosa 32536 Silver Springs Estates
6277 Equine Drive
$369,900
● House - Off Market

6277 Equine Drive

Crestview, FL 32536
bedrooms
4 Beds
bathrooms
3 Baths
$2,062
Est. Monthly
9.68%
Cap Rate

About This Property

KICK OUT CLAUSE IN EFFECT! All-brick beauty on a half-acre lot! Welcoming front porch opens to a lovely split-floor plan with 10' ceilings and no carpet-just stylish LVP & tile. Spacious kitchen with mahogany cabinets, granite counters and generous storage flows easily for gatherings. The large dining room and private office/study add flexibility. Retreat to a serene primary suite w spa-like bath, garden tub, & separate shower. Bedrooms 2&3 share a convenient Jack & Jill bath! Relax in the screened porch, enjoy the fenced backyard, and take advantage of the 10x22 shed. A home that blends comfort, charm, and everyday convenience.
Unit Size
-
Days on Market
60 days
Land Size
0.64 acres
Price per sqft
-
Property Type
House
Property Taxes
$245
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: 12 months ago (ECAR #984198)

Price History

Date / Event Date Event Price
Oct 27, 2025 Sold
Premium
Sold
Sep 26, 2025 In contract -
In contract
Aug 28, 2025 Listed by RE/MAX Agency One $369,900
Listed by RE/MAX Agency One
Jun 7, 2021 Sold
Premium
Sold
Apr 27, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 400
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 58
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,998
  • Total Building Area: 3,698
  • Gross Building Area: 3,698
  • Building Area: 2,650
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,650
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRINGS EST
  • Land Acres: 0000000643
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SILVER SPRINGS EST LOT 7 BLK E

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 8
  • Parcel: 20-4N-23-1000-000E-0070
  • Block: E
  • Lot: 7
  • Meridian: SEC 20 TWN 04N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.8268
  • Longitude: -86.5699

    Address

  • Full Address: 6277 Equine Dr
  • Address - House Number: 6277
  • 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: 2,976
  • Tax Year: 2023
  • Tax Amount: $287,356
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 412,953
  • High Value: 494,122
  • Low Value: 331,785

    Market Valuation

  • Market Total Value: $350,346
  • Market Land Value: $28,049
  • Market Improvement Value: $322,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,927

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3461494
  • Previous Sale Recording Date: Jun 21, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $220,000
  • 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:

$319,900

Sale Price/ft²

$176

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2252 ft²

Average Home Age

15 years

Currently For Sale

2 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: Team Laurie & Lori, RE/MAX Agency One
Last Updated: 12 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 984198
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 6277 Equine Drive built and last sold?
The property at 6277 Equine Drive was built in 2011 and last sold on Jun 1, 2021 for $297,500.
How much is this home worth?
The estimated value of the home located at 6277 Equine Drive is $0.
What are some comparable homes to 6277 Equine Drive?
There are currently no comparable homes to 6277 Equine Drive.
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