3880 SERENA LANE
About This Property
Recent upgrades add peace of mind, including a NEW 3-ton Carrier AC (2021) and newer gutters. Energy-efficient Lennar construction includes Low-E double pane windows and a radiant barrier in the attic, keeping the home cool and cost-effective. All appliances-even the washer and dryer-are included.
Step outside and enjoy direct access to the walking trail for your daily strolls or runs. Or take advantage of Heritage Hills' resort-style amenities, from the 24-hour fitness center, library, craft and card rooms, billiards, golf simulator, and ballroom with planned events, to the heated pool and spa. Active living continues outdoors with tennis, pickleball, bocce, shuffleboard, basketball, and more.
Adding even more value, the HOA fee includes internet, cable, landscaping, mulch twice a year, exterior paint every 5 years, and maintenance of all common areas. This home isn't just a place to live-it's a lifestyle of relaxation, recreation, and community connection in the heart of Clermont.
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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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Price Decreased |
$364,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Sep 26, 2025 | Price Decreased |
$369,000
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Sep 18, 2025 | Price Decreased |
$375,000
↓ $4K
(1.1%) | |
| Price Decreased | |||
Property Highlights
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About Clermont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017