7532 Shadow Bay Drive
About This Property
Well-maintained single-family home located in the desirable Callaway area, just minutes from Tyndall Air Force Base and conveniently situated off Highway 22. This 3-bedroom, 2-bathroom residence offers 1,383 square feet of functional living space and is ideal for a primary residence, military relocation, or investment opportunity.
The home features a practical floor plan with comfortable living and dining areas, a 2-car garage, and a vacant interior ready for immediate occupancy. The property sits on a 55 x 115 lot, offering a manageable yard with room for outdoor enjoyment, pets, or future enhancements. The location provides easy access to shopping, dining, schools, and major roadways, while remaining close to everyday conveniences and employment hubs. With its proximity to Tyndall AFB and strong rental demand in the area, this property presents excellent potential for both homeowners and investors.
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017