105 Caraway Drive
About This Property
With over 3,500 square feet, this 4-bedroom, 3.5-bath home includes a private office and oversized bonus room designed for flexible living. The kitchen highlights quartz countertops, custom cabinetry, and a large pantry, while the open-concept layout fills the home with natural light. Upstairs, a loft with wet bar provides a versatile space for entertaining, media, or fitness. Modern connectivity shines through whole-home Ethernet wiring, integrated WiFi access points, and audio prewiring for seamless smart living.
Outside, enjoy rare backyard privacy with room for a plunge or cocktail-style pool, plus a screened patio (TV mount and prewiring included) and an additional lower patio for gatherings. Two attic storage spaces, plantation shutters, and premium community amenities -- including a resort-style pool, clubhouse, and walking trails -- complete the package.
Located just minutes from Eglin Air Force Base, Hurlburt Field, shopping, dining, and the beaches of the Emerald Coast, this home blends privacy, technology, flexibility, and lifestyle in one beautiful, turnkey offering -- complete with your own golf cart to start exploring the neighborhood right away.
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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 |
|---|---|---|---|
| Jun 1, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Mar 29, 2026 | Relisted | $1,120,000 | |
| Relisted | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Listed by Berkshire Hathaway Home Services PenFed Realty | $1,120,000 | |
| Listed by Berkshire Hathaway Home Services PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017