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4922 MYRTLE BAY DRIVE
About This Property
The kitchen features granite countertops, stainless steel appliances, ample cabinet space, and overlooks the spacious living and dining areas, making it perfect for both everyday living and entertaining.
Major improvements provide peace of mind, including a NEW ROOF (2025), updated plumbing (2022), and a water heater replaced in 2018. The interior and exterior have also been recently painted, giving the home a fresh, move-in-ready feel.
The primary suite offers privacy and comfort, while the additional bedrooms provide flexibility for guests, family, or a home office.
Step outside to enjoy the screened patio and fully fenced backyard featuring producing Muscadine grape vines, creating a unique outdoor setting rarely found in Central Florida.
Located in the desirable Chickasaw Oaks community with a low HOA and convenient access to SR-417, Orlando International Airport, downtown Orlando, Lake Nona Medical City, shopping, dining, and major employers.
Don't miss this opportunity to own a move-in-ready home in one of East Orlando's most convenient locations.
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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.
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About Chickasaw Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017