308 DRIFTWOOD Road
About This Property
Oceanwood is an established community that is centrally located to shopping, dining and entertainment. Just a few short blocks from the beach, walk or ride your bike to one of Florida's best beaches! Neptune Beach has been rated one of the top beach areas in northeast Florida. With its miles of natural coastlines and endless amounts of options for dining and family fun activities, why would you not want to live here?
Life's better when you have sand in your toes! Come see what you have been missing. Homes in this area don't last long!
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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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Listed by FLUID REALTY, LLC. | $575,000 | |
| Listed by FLUID REALTY, LLC. | |||
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Welcome to 308 Driftwood Rd, a beautifully maintained home in the heart of Neptune Beach, only about a mile from the beach and Neptune Beach Town Center. This charming 4-bedroom, 3-bathroom home features tile flooring throughout, adding coastal charm and making it ideal for beach days. The spacious floor plan flows seamlessly into the oversized backyard, perfect for entertaining and gatherings, with a covered seating area and projector screen for outdoor movie nights. The detached living space offers versatile options as an office, guest suite, or mother-in-law suite, providing both privacy and convenience. Located in the desirable Oceanwood community, this home is just blocks from the beach and minutes from local shopping, dining, and entertainment. Experience the best of Neptune Beach living with this true beachside retreat. Don't miss your chance to own a piece of paradise—schedule a showing today!
HVAC: May 2022
Tankless Water Heater: 2021
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| Feb 12, 2021 | Sold | ||
| Sold | |||
| Dec 12, 2020 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $440,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017