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Wright 32548 Overbrook
731 Overbrook Drive
$231,000
● House - Off Market

731 Overbrook Drive

Fort Walton Beach, FL 32547
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,340 Ft²
$403,489
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

OPEN HOUSE Sunday July 10th, 1-4pm. A rare opportunity to own a solidly-built home, with an open floor plan, in an established neighborhood. Two living areas, a central kitchen, and a large dining room create a fantastic entertaining space. The split floorplan with the fourth bedroom, makes for a convenient guest room or office. The oversized garage is perfect for storage, and is plumbed for a potential 3rd bathroom that could easily connect to the fourth bedroom. The large Florida room built in 2005, overlooks a lush backyard with views of Gap Creek. Put your kayak in and float to Cinco Bayou! Windows, roof, appliances, bathrooms updated after 2002. Home warranty included. Buyer to verify all dimensions and data. Call for a showing!
Unit Size
2,340 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$102
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1980

Payment Calculator

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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 #751201)

Price History

Date / Event Date Event Price
Sep 13, 2016 Sold
Premium
Sold
Apr 19, 2016 Listed by Keller Williams Realty Nville $239,000
Listed by Keller Williams Realty Nville

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 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: 546
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 89
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,219
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 3,223
  • Gross Building Area: 3,223
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERBROOK SUB
  • Land Acres: 0000000349
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: OVERBROOK SUB LOT 5 BLK A

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Assessors Map Reference: 52
  • Parcel: 10-2S-24-3030-000A-0050
  • Block: A
  • Lot: 5
  • Meridian: SEC 10 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4325
  • Longitude: -86.6476

    Address

  • Full Address: 731 Overbrook Dr
  • Address - House Number: 731
  • Address - Street Name: Overbrook
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 3529
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 2,658
  • Tax Year: 2023
  • Tax Amount: $205,882
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 430,000
  • High Value: 541,352
  • Low Value: 318,647

    Market Valuation

  • Market Total Value: $358,232
  • Market Land Value: $89,224
  • Market Improvement Value: $269,008

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2016
  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3089698
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 Overbrook

Stats & Trends

Median Asking:

$463,750

Sale Price/ft²

$227

Above Asking

0.00%

Average Days on Market

51

Average Home Size

2676 ft²

Average Home Age

9 years

Currently For Sale

1 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: Molly Butler, Keller Williams Realty Nville
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 751201
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 731 Overbrook Drive built and last sold?
The property at 731 Overbrook Drive was built in 1980 and last sold on Sep 13, 2016 for $231,000.
How much is this home worth?
The estimated value of the home located at 731 Overbrook Drive is $0.
What are some comparable homes to 731 Overbrook Drive?
There are currently no comparable homes to 731 Overbrook Drive.
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