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Okaloosa 32536 Silver Springs Estates
6293 Magik Drive
$155,000
● House - Off Market

6293 Magik Drive

Crestview, FL 32536
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,535 Ft²
$301,791
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

GORGEOUS HOME IN SOUGHT AFTER SUBDIVISION !!! OPEN FLOOR PLAN WITH COVERED PORCH ** BREAKFAST BAR BETWEEN THE KITCHEN, DINING ROOM AND FAMILY ROOM IS PERFECT FOR ENTERTAINING*** HIGH CEILINGS *** MASTERBATH HAS DOUBLE VANITY, GARDEN TUB, SEPARATE SHOWER AND LARGE WALK-IN CLOSET *** VERY LARGE CORNER LOT! BACKYARD PRIVACY FENCED WITH DOUBLE GATE FOR PULLING VEHICLES, ETC INTO BACK YARD AND A SINGLE GATE ON OTHER SIDE OF HOUSE. MINUTES AWAY FROM SCHOOLS, SHOPPING AND POST OFFICE.
Unit Size
1,535 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$101
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008

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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 years ago (ECAR MLS #600976)

Price History

Date / Event Date Event Price
Oct 8, 2013 Sold
Premium
Sold
Jul 16, 2013 Listed by ERA American Real Estate $155,000
Listed by ERA American Real Estate
Feb 12, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 400
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,961
  • Total Building Area: 2,050
  • Gross Building Area: 2,050
  • Building Area: 1,535
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,535
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRINGS EST
  • Land Acres: 0000000642
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: SILVER SPRINGS EST LOT 4 BLK F

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 1
  • Parcel: 20-4N-23-1000-000F-0040
  • Block: F
  • Lot: 4
  • Meridian: SEC 20 TWN 04N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.826
  • Longitude: -86.5683

    Address

  • Full Address: 6293 Magik Dr
  • Address - House Number: 6293
  • Address - Street Name: Magik
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R018
  • 4-Digit Zip Code: 4384
  • Zip Code: 32536

Valuation

    Tax

  • Total Area: 1,790
  • Tax Year: 2023
  • Tax Amount: $116,665
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 303,889
  • High Value: 363,621
  • Low Value: 244,158

    Market Valuation

  • Market Total Value: $221,155
  • Market Land Value: $28,049
  • Market Improvement Value: $193,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,683

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2013
  • Current Sale Recording Date: Oct 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2887665
  • Previous Sale Recording Date: Feb 12, 2009
  • Previous Sale Contract Date: Feb 06, 2009
  • Previous Sale Amount: $155,000
  • 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:

$324,949

Sale Price/ft²

$168

Below Asking

0.04%

Average Days on Market

86

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: Rai DesGranges, ERA American Real Estate
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 600976
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 6293 Magik Drive built and last sold?
The property at 6293 Magik Drive was built in 2008 and last sold on Sep 30, 2013 for $155,000.
How much is this home worth?
The estimated value of the home located at 6293 Magik Drive is $0.
What are some comparable homes to 6293 Magik Drive?
There are currently no comparable homes to 6293 Magik Drive.
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