9649 BLACK WALNUT DRIVE
About This Property
This isn't just a house, it's a smart investment from day one. The 31-panel solar system produces more electricity than the home consumes, delivering dramatically reduced (often near-zero) monthly utility bills. No lease. No transfer fees. Just savings, starting the moment you close.
Behind the energy story is 2,809 sq ft of beautifully designed living space with 5 bedrooms, 3.5 baths; purpose-built for growing families and multi-generational living. The open floor plan flows from a large eat-in kitchen with solid wood cabinets and stone counters into sunlit living and dining areas, making everyday life feel effortless and entertaining feel natural.
The split-bedroom layout and dual primary bedroom options; one on the main floor, one upstairs give every member of the household their own retreat.
Your lifestyle extends well beyond the front door. Arborwood residents enjoy access to a community pool and cabana area; maintained, managed, and ready to use without any of the upkeep costs of private pool ownership. Low HOA fees cover the pool, sidewalks, street lights, and common areas, so the neighborhood stays sharp and your weekends stay free.
Then consider what's beyond the community entrance: Cherry Lake Park is 2 minutes away, Lakeridge Winery is 5 minutes out, and downtown Clermont's shops, dining, and major roadways are right around the corner. Orlando is less than 35 miles east on the Turnpike, close enough to commute, far enough to exhale.
Arborwood is one of Clermont's newest D.R. Horton communities, and this home delivers everything buyers are still paying new-construction prices to access, plus a solar system and water filtration package the builder never offered, at a resale value.
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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 |
|---|---|---|---|
| May 2, 2026 | Price Decreased |
$489,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by MOBED REALTY, P.A. | $495,000 | |
| Listed by MOBED REALTY, P.A. | |||
| Apr 25, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017