3806 DOUNE WAY
About This Property
Located in the gated KINGS RIDGE 55+ COMMUNITY, this home offers access to a CHAMPIONSHIP GOLF COURSE and a multi-million-dollar clubhouse featuring THREE HEATED POOLS, TENNIS AND PICKLEBALL COURTS, SHUFFLEBOARD, and a BILLIARDS ROOM. The community boasts a robust calendar of SOCIAL EVENTS AND ACTIVITIES, making it easy to connect with neighbors and enjoy an active lifestyle. Monthly fees include LAWN CARE, IRRIGATION, EXTERIOR PAINTING (EVERY 6-7 YEARS), and FIBER-OPTIC CABLE, INTERNET, AND PHONE SERVICES, allowing for MAINTENANCE-FREE LIVING. Residents also enjoy GOLF-CART ACCESS to shopping and dining at Kings Ridge Plaza, adding to the convenience of this vibrant neighborhood.
Whether you're enjoying the tranquil views from the lanai, socializing at the clubhouse, or hitting the golf course, 3806 Doune Way is the perfect home for those seeking comfort, privacy, and an active lifestyle. Don't miss your chance to own this incredible property in one of Clermont's premier 55+ communities. Schedule your showing today!
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Price Decreased |
$299,000
↓ $51K
(14.6%) | |
| Price Decreased | |||
| Feb 1, 2025 | Price Decreased |
$349,900
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Dec 12, 2024 | Listed by DENIZ REALTY PARTNERS LLC | $365,000 | |
| Listed by DENIZ REALTY PARTNERS LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017