2342 CLEMBLUE ROAD
About This Property
Welcome to this beautifully upgraded 3-bedroom, 2.5-bathroom home located in the highly desirable Esplanade at Highland Ranch, a premier 55+ gated community in Clermont, Florida. This meticulously maintained home offers a bright and spacious open-concept layout with abundant natural light, crown molding, and luxury vinyl plank flooring throughout the main living areas. The heart of the home is the gourmet kitchen, designed for both functionality and style. It features granite countertops, a large central island, a farmhouse sink, custom tile backsplash, hooded gas range, and upgraded cabinetry-perfect for the home chef and for entertaining guests. The kitchen flows seamlessly into the expansive great room, creating an ideal space for gatherings and everyday living.The primary suite is a true retreat, offering a generous bedroom, dual vanities with granite countertops, a spacious walk-in closet, and a beautifully tiled stand-alone shower. Two additional bedrooms provide flexibility-use one as a guest room and the other as a private office, hobby room, or den. Outside, you will enjoy a covered rear porch. This resort-style community boasts a stunning clubhouse with a restaurant, state-of-the-art fitness center, aerobics studio, and demonstration kitchen. Outdoor amenities include a resort-style pool, spa, tennis and pickleball courts, bocce ball courts, scenic walking trails, lakes, and social gathering areas like the fire pit and outdoor patio. Multi-purpose rooms are also available for events or private use. HOA covering lawn care and common area maintenance. Whether you're looking to relax, stay active, or socialize with neighbors, this vibrant community has it all. Don't miss your chance to live in one of Clermont's most sought-after 55+ communities-schedule your private showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017