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15532 KENSINGTON TRAIL
About This Property
The open-concept living and dining area features laminate flooring throughout and connects directly to a screened lanai overlooking a fully fenced backyard. The eat-in kitchen includes a range, refrigerator, dishwasher, and microwave, with a front-facing nook and views of the landscaped yard. A full-size washer and dryer are included in an interior laundry closet.
The split floor plan places the skylit primary suite in its own private wing with a walk-in closet and a naturally lit en-suite bathroom. Two secondary bedrooms and a second full bath occupy the opposite side of the home, providing separation and flexibility for guests or a home office. A 2-car attached garage completes the layout.
High-efficiency mini-split systems provide zone-by-zone climate control and reduced utility costs. Existing ductwork is intact throughout, making a future conversion to conventional central air straightforward. The roof was replaced in 2019 and the water heater is from 2020. Additional utilities include, public water, and natural gas.
Greater Hills residents enjoy community pool access and sidewalk-lined streets for just $491 per year in HOA dues. The South Lake Trail, US-27, and SR-50 are minutes away, connecting to downtown Clermont, the Clermont Chain of Lakes, and the Florida Turnpike corridor.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 12, 2026 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Feb 12, 2026 | Listed by REAL BROKER, LLC | $400,000 | |
| Listed by REAL BROKER, LLC | |||
| Jul 15, 2025 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
Property Highlights
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About Greater Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017