804 Overbrook Drive
About This Property
3/2 in a Desirable LOCATION in the Heart of Fort Walton Beach!! This Gorgeous home boasts a spacious living room that stands out with its wood‑burning fireplace and wet bar, creating a warm and inviting atmosphere for gatherings. A cozy eat‑in area overlooks the backyard through a sliding glass door, filling the space with natural light and offering a peaceful view of the pool. The kitchen shines with cabinets like brand new, stone countertops, stainless steel appliances. Bathrooms have high end tile work, with upgraded lighting and clean contemporary aesthetics. The bedrooms are spacious with good size closets.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 10, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jan 11, 2026 | Listed by Sunshine Family Properties | $475,000 | |
| Listed by Sunshine Family Properties | |||
| Jan 2, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017