726 Cocobolo Drive
About This Property
Lots of recent updates worth over $35,000!
Major systems have been updated: New HVAC (2026), the water heater is three years old, the ductwork was recently cleaned, a new sprinkler system and a new sprinkler pump were installed in 2026.
The entire yard has new sod, and the kitchen includes a newer dishwasher and disposal from 2024. There's also a screened patio for enjoying the outdoors comfortably. Large windows throughout the house and a lot of natural light.
The kitchen features granite countertops, and three of the bedrooms received new carpet in 2024. The 4th bedroom has LVP flooring. The living room has a vaulted ceiling that adds openness to the home, The LVP flooring in the living area was updated in 2024 as well.
Driftwood Estates offers a fantastic lifestyle with access to a community pool, fishing ponds, walking trails, tennis courts, pickleball, basketball, and a nearby park with a playground and walking track. The location provides quick access to Grand Boulevard, the hospital, 30A beaches, and a variety of local restaurants.
Schedule your private showing today! The home is ready for its new lucky owner!
Disclosure: AI-generated staging used in some images.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017