353 FREE RANGE DRIVE
About This Property
Upstairs serves as a peaceful retreat, featuring a generous primary suite with dual walk-in closets, two additional bedrooms, a convenient second-floor laundry room, and a flexible loft ready to adapt to your lifestyle-whether as a cozy media room, home office, or playroom. Complete peace of mind comes built-in thanks to an upgraded alarm system, while a full sprinkler system keeps the lush surrounding lawn green and inviting year-round.
Outside your front door, the vibrant Rainwood neighborhood surrounds you with scenic walking trails, green spaces, a community pool, and a playground, all just minutes from the charm of Downtown Clermont and Groveland. With modern smart-home features, low-maintenance living, and easy access to Orlando, this home is truly built to host a lifetime of cherished memories. Schedule your private tour 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%.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$445,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by EXP REALTY LLC | $450,000 | |
| Listed by EXP REALTY LLC | |||
| Jul 15, 2026 | Listed by EG ORLANDO LLC | $474,900 | |
| Listed by EG ORLANDO LLC | |||
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Welcome to this beautifully designed Talquin floor plan by Mattamy Homes, located in the sought-after Rainwood community in Groveland. Offering over 2,300 square feet of thoughtfully designed living space, this modern two-story home features 3 spacious bedrooms, 2.5 bathrooms, a versatile loft, and a 2-car garage with 4 parking spaces on the driveway, combining style, comfort, and functionality. Step inside to an open-concept layout that's perfect for both everyday living and entertaining. The heart of the home is the kitchen, complete with granite countertops, 42-inch cabinetry, a large center island, abundant storage, and a seamless flow into the spacious Great Room and dining area. Upstairs, you'll find a generous owner's suite with 2 walk-in closets and private bath, along with two additional bedrooms, a full bathroom, convenient upstairs laundry, and a flexible loft that can serve as a home office, media room, fitness area, or playroom. Built with today's homeowner in mind, this energy-efficient home offers modern construction, smart-home features, and lower maintenance than older resale properties. Rainwood is a beautifully planned Mattamy Homes community featuring scenic sidewalks, green spaces, Pool, playground, Fitness Equipment, and a central park with walking trails, designed to encourage an active, connected lifestyle. Ideally located just minutes from Downtown Clermont and Downtown Groveland, with convenient access to US-27 and the Florida Turnpike, you'll enjoy an easy commute to Orlando while being close to shopping, dining, medical facilities, lakes, parks, and outdoor recreation.
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About Groveland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017