741 Cocobolo Drive
About This Property
The extended brick driveway, 2-car garage, and front patio give the home strong curb appeal, enhanced by lush tropical landscaping, landscape lighting, and gutters. Inside, hardwood floors run through the main living areas and primary bedroom. Tray ceilings add a touch of elegance to the office, living room, and primary bedroom. The kitchen and dining area flow naturally to the living room, offering connection while maintaining defined spaces. The kitchen features stainless steel appliances, granite countertops, abundant cabinet space, and a solid-surface island with extra storage and workspace.
The spacious primary bedroom includes an en-suite bath with double sinks, a garden tub, separate shower, and walk-in closet. From the living area, step onto the screened-in porch for relaxed outdoor living.
The fenced backyard is private and serene, with a brick paver patio, fire pit, storage building, and peaceful pond views. Additional features include Fabric Shield Hurricane Shutters, a Rainbird irrigation system with well, Sentricon stations and evident pride of ownership throughout.
Driftwood Estates offers a community pool, catch-and-release ponds, and walking trails, while a nearby county park provides pickleball, tennis, soccer, basketball, a track, playground, picnic spots, and ample parking. The home is just minutes from the beaches along 30A, shopping, restaurants, and Sacred Heart Hospital.
Driftwood Estates Park https://www.mywaltonfl.gov/Facilities/Facility/Details/19
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