326 Cocobolo Drive
About This Property
With fantastic curb appeal, a spacious front yard, and an oversized driveway, it's a standout from the start. Step inside to gleaming hardwood floors, crown molding, and a bright, open layout that's perfect for entertaining. The kitchen shines with granite countertops, stainless steel appliances, and a breakfast bar.
Enjoy the airy sunroom with French doors or relax on the screened-in patio overlooking a peaceful nature preserve - your private outdoor escape complete with an 8' x 10' Tuff Shed from Home Depot to store your yard equipment. The split floor plan features a serene master suite with tray ceilings and a luxurious bath, while guest rooms are tucked up front with their own full bath. Bonus room upstairs = perfect 4th bedroom, playroom, or office. Zoned HVAC keeps the bonus room comfortably heated and cooled.
The 2-car garage is EV-ready, already wired for your electric vehicle charging station!
Driftwood Estates offers a community pool and is super close to Ascension Sacred Heart Hospital, Grand Boulevard, Baytowne Wharf, shopping, dining & those dreamy South Walton beaches!
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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 |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$510,000
↓ $20K
(3.8%) | |
| Price Decreased | |||
| Jun 7, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $530,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Jun 7, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017