893 LAUREL VIEW WAY
About This Property
This home offers a bright, open layout perfect for everyday living, but what truly sets it apart is the backyard potential. With extended pavers already in place and a sail shade installed, the outdoor space is ready to become your personal oasis-whether you envision a full outdoor living area, entertaining space, or simply a relaxing retreat.
Located just a 3-minute walk to Cherry Lake Preparatory School and Cherry Lake Park, and only 12 minutes from the upcoming Minneola shopping district, future homeowners will love the convenience and growth happening all around. This exciting new development is designed with a charming small-town feel and will feature destinations like Crooked Can Brewery, Three Birds Cafe, splash pads, and more.
Plus, you're just 10 minutes to Downtown Clermont and 25 minutes to Downtown Winter Garden, making this location ideal for both daily living and long-term value.
Whether you're a first-time buyer or looking for a smart investment, this home is full of opportunity-inside and out. Schedule your private showing today! Lender is offering a $3,000 lender credit to well-qualified buyers. Sellers offering the first year of HOA dues as credit.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Price Decreased |
$340,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 22, 2026 | Price Increased |
$349,900
↑ $2K
(0.6%) | |
| Price Increased | |||
| May 21, 2026 | Price Decreased |
$348,000
↓ $7K
(2%) | |
| Price Decreased | |||
Property Highlights
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About Groveland
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$2,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017