4071 ORIENT DRIVE
About This Property
Enjoy a large private pool perfect for family fun or guest enjoyment, along with two expansive back porches ideal for morning coffee, sunset views, and entertaining. Inside, an additional bonus room provides the perfect flex space-ideal for families to play indoor games, unwind after a day on the boat, or create a cozy media or lounge area for guests.
The wide seawall and floating dock easily accommodate multiple boats, kayaks, and water toys, making this property especially attractive for vacation renters. A 2-car garage offers ample space for storing beach gear and boating essentials.
Whether you're looking for a full-time waterfront residence, a family vacation retreat, or a strong income-producing rental, this home delivers the perfect blend of lifestyle and opportunity.
Conveniently located near shopping, restaurants, and major highways, offering easy travel while enjoying the laid-back coastal lifestyle Hernando Beach is known for
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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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Price Decreased |
$579,000
↓ $21K
(3.5%) | |
| Price Decreased | |||
| Nov 26, 2025 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $600,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
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About Hernando Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017