000 Highway 2297
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Aug 25, 2025 | Listed by Keller Williams Success Realty | $450,000 | |
| Listed by Keller Williams Success Realty | |||
| May 7, 2025 | Listed by NAI TALCOR | $4,000,000 | |
| Listed by NAI TALCOR | |||
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+/- 80 acres with over 2,200ft of waterfront on
East Bay, with direct access to the Gulf of Mexico. Currently zoned CSVH, allowing for 2 residential units / acre. Water, electricity, and sewer are available to site. Directly across the bay from Tyndall Air Force Base. The City of Callaway has seen significant growth from a $5.2 billion rebuild of Tyndall Air Force Base—the largest MILCON project in recorded Air Force history. Additional, adjacent +/- 19 waterfront acres available upon request.
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| Jun 15, 2024 | No longer available | - | |
| No longer available | |||
| Feb 7, 2024 | Listed by Beachy Beach Real Estate | $47,500 | |
| Listed by Beachy Beach Real Estate | |||
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Come build your dream home in East Bay! This 1+ acre lot will make the perfect place to call home. This quiet area is convenient to Tyndall Air Force Base, Eastern Shipbuilding Group, shopping & restaurants. With Hwy 98 just a quick drive away, you can be in Mexico Beach or Panama City Beach within minutes. Make your dreams a reality - come check out all this great lot has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017