9588 Cobblestone Creek Drive
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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%.
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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.
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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, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Compass Florida LLC | $875,000 | |
| Listed by Compass Florida LLC | |||
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Former builder's model on a prime lakefront lot in sought-after Cobblestone Creek. This spacious 5-bedroom residence offers nearly 4,000 sq ft of living space, with a private pool, expansive living areas, and beautiful water views. Interior highlights include a gourmet kitchen with newer stainless appliances, marble flooring throughout the first floor, hardwood floors throughout the second floor, hurricane-impact glass throughout, and a private balcony off the primary bedroom. Additional features include a 2-car garage and a 3-car driveway with ample parking. Located in a gated community with resort-style amenities including a clubhouse, fitness center, pool, spa, billiards lounge, children's aqua park, and beautifully maintained grounds, all in a desirable Boynton Beach location. Cobblestone Creek is beautifully set across 100 lushly landscaped acres in Boynton Beach, offering a scenic and welcoming atmosphere from the moment you arrive. A grand entrance with cascading waterfalls, colorful flowers, tropical greenery, and mature trees creates a striking first impression and sets the tone for this exceptional gated community. Adding to its appeal, the neighborhood features nearly 20 acres of lakes and natural wetland preserves, giving Cobblestone Creek a tranquil, picturesque setting that feels both private and beautifully connected to nature. With just 250 single-family homes, many of which back to shimmering lakes or lushly landscaped berms, the community offers an intimate and peaceful residential environment. Residents enjoy a resort-style lifestyle with an impressive clubhouse complex that includes a fully equipped fitness center, billiards lounge, and club room. Outside, large covered verandas surround the recently remodeled saltwater pool and heated spa, while rushing water features, a children's aqua park, shade cabanas, and a scenic lake with fountain and preserve views create a true retreat-like atmosphere. Ideally located just off Boynton Beach Boulevard and Lyons Road, Cobblestone Creek offers convenience along with beauty. Residents benefit from a 24-hour manned gatehouse, A-rated schools, and close proximity to shopping, dining, Canyon Town Center, Cobblestone Commons, Bethesda West Hospital, Florida's Turnpike, and US-441. HOA dues are also reasonable and include expanded cable and high-speed internet, making Cobblestone Creek an exceptional place to call home.
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| Jun 1, 2016 | Sold | ||
| Sold | |||
| Feb 22, 2016 | Listed by Lang Realty/Delray Beach | $585,000 | |
| Listed by Lang Realty/Delray Beach | |||
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About Countryside Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017