2708 PEPPER LANE
About This Property
From the moment you arrive, the attractive stone-accent exterior, paver driveway, and inviting covered entry create exceptional curb appeal. Inside, you'll find a bright and open floor plan designed for both everyday living and effortless entertaining. The first floor features a spacious formal living and dining area filled with natural light from oversized windows, creating a warm and welcoming atmosphere throughout the home. The gourmet kitchen is the heart of the home and showcases granite countertops, 42" cabinetry, stainless steel appliances, tile backsplash accents, recessed and under-cabinet lighting, a large pantry, breakfast bar seating, and an eat-in dining nook surrounded by windows overlooking the private backyard. The kitchen opens seamlessly to the expansive family room, complete with sliding glass doors leading to the covered lanai and oversized paver patio, making indoor-outdoor entertaining easy and inviting. A downstairs bedroom and full bath create the perfect setup for multigenerational living, long-term guests, private office space, or an in-law suite. Additional space near the garage entry is already plumbed for the option of a second utility area with stackable washer and dryer hookups or additional refrigerator space for added flexibility. Upstairs, the thoughtfully designed split-bedroom floor plan provides privacy for the oversized primary suite featuring a massive custom walk-in closet and spacious en-suite bath with dual vanities, garden tub, separate walk-in shower, and private water closet. Bedrooms three and four are generously sized and share a third full bath with dual sinks, large vanity, shower/tub combination, and linen storage. A conveniently located upstairs laundry room eliminates the hassle of carrying laundry between floors. Step outside to your private backyard retreat situated on a corner lot and surrounded by vinyl and brick fencing. Mature landscaping and a beautiful oak tree provide shade and privacy, while custom pavers lead to a fantastic fire pit area perfect for relaxing evenings or entertaining guests. This truly move-in ready home has been exceptionally cared for with major upgrades already completed, including a newer roof (2023), newer A/C's (2023 & 2025), brand new Essency water heater (2026) with tankless-style performance, water softener system (2025), whole-house surge protector (2026), Ring camera security system, oversized 2-car garage with ceiling-mounted storage racks, and abundant storage throughout including a large under-stair storage space. Centrally located near Downtown Orlando, major hospitals, easy accessibility to 408, Orlando International Airport, shopping, dining, and world-famous theme parks.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Sold | ||
| Sold | |||
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Relisted | $600,000 | |
| Relisted | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by KELLER WILLIAMS ADVANTAGE III | $600,000 | |
| Listed by KELLER WILLIAMS ADVANTAGE III | |||
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About Conway
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017