305 CLOVERLEAF ROAD
About This Property
Step inside this inviting, move-in-ready home perfectly positioned across from the public boat ramp on Lake Francis, offering prime access to boating and fishing right out your front door. This thoughtfully updated 3-bedroom, 2-bath residence with an additional office/den combines comfort, functionality, and modern style.
Inside, you'll love the brand new luxury vinyl flooring throughout, creating a fresh, cohesive look that complements the home's bright and open layout. The spacious living room flows seamlessly into the dining area and updated kitchen, ideal for both relaxing and entertaining.
The remodeled kitchen showcases solid wood cabinetry, butcher block countertops, stainless steel appliances, a center island, pantry, and generous counter space. The split floor plan allows for flexible use, with a dedicated office/den perfect for working from home or accommodating guests.
The primary suite features a modern walk-in shower, while additional updates include a newer front-load washer and dryer for added convenience.
Exterior highlights include a screened-in lanai, newer metal roof, large carport for covered parking, fenced backyard, and mature tropical landscaping-all providing a perfect balance of privacy and outdoor enjoyment.
Located in the heart of Lake Placid, known as the "Town of Murals" and surrounded by dozens of freshwater lakes, you'll enjoy easy access to local dining, shopping, parks, and year-round recreation. Embrace the Florida lifestyle with water views and small-town charm just steps from your front porch.
Property may qualify for USDA financing-buyers to verify all loan eligibility requirements.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 9, 2026 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by KELLER WILLIAMS REALTY SMART 1 | $365,000 | |
| Listed by KELLER WILLIAMS REALTY SMART 1 | |||
| Aug 8, 2017 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Highlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,700 /mo
- 2 Beds
- 2 Baths
- 1,298 ft²
$2,000 /mo
- 3 Beds
- 2 Baths
- 1,192 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017