2842 Common Crane Ct · St. Cloud, FL 34773

$337,900

3 bd · 2.0 ba · 1,620 sqft · SingleFamily public records · 65 Days on market

Built 2022 4,792 sqft lot Est $348k · at est. $33/mo HOA · 1% of rent

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +9.8/30.0
• ARV discount +8.8/15.0
• Appreciation +4.8/10.0
• Schools +3.6/10.0
• Rent growth +2.9/5.0
• DSCR +2.8/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0

Listing remarks MLS

Under Construction. This spacious 3 Bedroom 2 bath 1 story block constructed home will take your breath away, upgraded tile in the wet areas, granite counter tops and stainless-Steel appliances. Plus this Smart Home System "Home Connected" with Z wave technology porch light switch, door lock, doorbell, thermostat and touch screen control hub all included. Save money with this energy efficient new home complete with 15 seer AC, dual panel low E windows and builder Warranty. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

Key facts

• 4,792 sq ft lot
• 2 garage spots
• Built 2022

Tags

• PRIVATE FENCED-IN BACKYARD
• MODERN OPEN FLOOR PLAN

Property features AI

Finance

• Other: CDD present; Homestead exemption indicated
• HOA & community: Has HOA (Association Solutions of Central Florida); Quarterly association fee ($100); Monthly HOA equivalent about $33.33; Pets allowed (cats and dogs)

Exterior

• Parking: Attached 2-car garage
• Security: Closed-circuit cameras
• Utilities: Public sewer; Water connected; Electricity available; Cable available; Underground utilities
• Home design: Single family residence; One story; Faces north
• Construction: Block construction; Shingle roof; Slab foundation; Built on less than 1/4 acre lot
• Exterior features: Sliding doors; Paved road access; Irrigation equipment

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air
• Interior features: Ceiling fans; Eat-in kitchen; Living room/dining room combo; Open floorplan; Solid surface countertops; Thermostat; Walk-in closets
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $338k.

Deal economics

• At list price, monthly cash flow is $-218 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $299k (11.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (27.2% below list).
• Recommended offer: $246k (27.2% below list) — sets the bar for 1% rule.
• Cap rate 5.5% vs local median 4.0% in St. Cloud — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Osceola (suburban): math 39% / reading 45% proficiency, ranked #60 of 73 in FL (top 82%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.8%/yr); 383 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 8,813 units permitted in Osceola County in 2024 (3,072 in 5+ unit buildings).
• This rent runs 37% of the median local income ($81k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $759 of equity ($2k loan paydown + $-2k appreciation (-0.5% local appreciation)).
• Osceola County population projected at +73% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($318k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $246,138 (27.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.73% ✗
• Cap rate: 5.52%
• Cash-on-cash: -2.77%
• DSCR: 0.88
• GRM: 11.4

CMA / ARV

• ARV (on-the-fly): $348,300
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2839 Common Crane Ct	0.03mi	3/2.0	1,620 (0%)	14mo	$345,000	$213	86
6767 Grace Hammock Rd	0.15mi	3/2.0	1,670 (+3%)	2mo	$290,000	$174	86
6756 Huntleigh Hammock Rd	0.18mi	3/2.0	1,620 (0%)	8mo	$330,000	$204	85
2727 Harmonia Hammock Rd	0.27mi	3/2.0	1,645 (+2%)	7mo	$345,000	$210	79
2827 Turnstone Run	0.03mi	3/2.0	1,504 (-7%)	12mo	$310,000	$206	76
2795 Hamonia Hammock Rd	0.39mi	3/2.0	1,676 (+4%)	2mo	$359,990	$215	74
2654 Great Heron Ave	0.51mi	3/2.0	1,758 (+8%)	4mo	$399,990	$228	59
2839 Harmonia Hammock Rd	0.38mi	4/2.0 (+1)	1,830 (+13%)	6mo	$359,000	$196	51
2643 Great Heron Ave	0.52mi	3/2.0	1,758 (+8%)	14mo	$404,990	$230	50
2639 Bittern Bnd	0.53mi	3/2.0	1,758 (+8%)	14mo	$404,990	$230	50
2577 Great Heron Ave	0.64mi	3/2.0	1,758 (+8%)	14mo	$409,990	$233	44
7049 Carib Grackle Dr	0.75mi	4/2.0 (+1)	1,665 (+3%)	14mo	$383,990	$231	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.47% appreciation · 1.79% rent growth · sell at horizon

5-year hold

• IRR: -8.1%
• Equity multiple: 0.64×
• Total profit: $-34,163
• Equity at exit: $90,306

10-year hold

• IRR: -2.6%
• Equity multiple: 0.75×
• Total profit: $-23,586
• Equity at exit: $102,500

Cash invested: $94,612 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34773

• Home prices YoY: -0.2%
• Rents YoY: 1.8%
• Active inventory: 383
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $2,461 high
• Mortgage (P&I): −$1,772
• Tax from tax record: −$217 /mo · $2,605/yr
• Insurance: −$141
• HOA: −$33
• Vacancy / Maint / Mgmt: −$517
• Net cashflow: $-218

Break-even live

Break-even rent $2,738

Max offer price $299,325

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $84,475
• Closing costs: $10,137
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6833 Cranes Roost Rd Harmony, FL	4.0	2.0	1830	$2,350	$1.28	23d	1	0.14mi
6877 Botanic Blvd Harmony, FL	3.0	2.0	1570	$2,500	$1.59	23d	1	0.27mi
6731 Grace Hammock Rd Harmony, FL	4.0	2.5	2208	$2,331	$1.06	7d	1	0.28mi
2927 Brie Hammock Bnd Harmony, FL	3.0	2.5	1623	$2,000	$1.23	7d	1	0.46mi
2803 Brie Hammock Bnd Harmony, FL	3.0	2.5	1463	$1,890	$1.29	23d	1	0.48mi
2639 Bittern Bnd Harmony, FL	3.0	2.0	1758	$2,395	$1.36	23d	1	0.50mi
6606 Leo Ln Harmony, FL	3.0	2.5	1452	$2,200	$1.52	17d	1	0.52mi
2926 Hudson Hammock Way Harmony, FL	3.0	2.5	1628	$2,200	$1.35	17d	1	0.57mi
3164 Crispin Cir Harmony, FL	4.0	3.0	2200	$2,400	$1.09	23d	1	0.58mi
6693 Horseshoe Lane Way Unit 69 St Cloud, FL	3.0	2.5	1409	$2,250	$1.60	23d	1	0.59mi
7086 Cattle Egret Dr Harmony, FL	3.0	2.0	1614	$2,099	$1.30	20d	1	0.74mi
7086 Cattle Egret Dr Harmony, FL	3.0	2.0	1620	$2,299	$1.42	7d	1	0.74mi
7110 Sandhill Crane Way Unit 1 St Cloud, FL	4.0	2.0	1828	$2,722	$1.49	23d	1	0.91mi
6336 Chirpine Ln Saint Cloud, FL	4.0	3.0	2055	$2,800	$1.36	23d	1	1.14mi
6817 Sundrop St Harmony, FL	3.0	2.5	2008	$2,235	$1.11	21d	1	1.16mi
6441 Sprucepine Ln Saint Cloud, FL	3.0	2.5	1982	$2,235	$1.13	4d	1	1.18mi
6308 Chirpine Ln Saint Cloud, FL	3.0	2.0	1800	$2,000	$1.11	23d	1	1.21mi
6405 Sprucepine Ln Saint Cloud, FL	3.0	2.5	1930	$2,950	$1.53	17d	1	1.22mi
6819 Goldflower Ave Harmony, FL	3.0	3.0	1880	$2,200	$1.17	4d	1	1.28mi
6819 Goldflower Ave Harmony, FL	3.0	2.5	1880	$2,200	$1.17	16d	1	1.28mi
6927 Cupseed Ln Harmony, FL	3.0	2.5	1824	$2,195	$1.20	23d	1	1.30mi
2710 Slash Way Saint Cloud, FL	3.0	2.0	2133	$2,600	$1.22	14d	1	1.35mi

HOA detail

• Monthly dues: $33 · $396/yr

Listing history 20 events

1. 2026-06-18
   days on market $337,900 Active 65 DOM
2. 2026-06-17
   days on market $337,900 Active 64 DOM
3. 2026-06-16
   days on market $337,900 Active 63 DOM
4. 2026-06-15
   days on market $337,900 Active 62 DOM
5. 2026-06-13
   days on market $337,900 Active 60 DOM
6. 2026-06-13
   days on market $337,900 Active 59 DOM
7. 2026-06-09
   days on market $337,900 Active 56 DOM
8. 2026-06-08
   days on market $337,900 Active 55 DOM
9. 2026-06-07
   days on market $337,900 Active 54 DOM
10. 2026-06-04
    days on market $337,900 Active 51 DOM
11. 2026-06-03
    days on market $337,900 Active 50 DOM
12. 2026-06-02
    days on market $337,900 Active 49 DOM
13. 2026-06-02
    days on market $337,900 Active 48 DOM
14. 2026-05-31
    days on market $337,900 Active 47 DOM
15. 2026-05-02
    price $337,900
16. 2026-04-14
    listed $347,900 Active
17. 2022-10-07
    soldstatus $388,990 Closed 1066-char remark

    Show marketing remark (1066 chars)

    Under Construction. This spacious 3 Bedroom 2 bath 1 story block constructed home will take your breath away, upgraded tile in the wet areas, granite counter tops and stainless-Steel appliances. Plus this Smart Home System "Home Connected" with Z wave technology porch light switch, door lock, doorbell, thermostat and touch screen control hub all included. Save money with this energy efficient new home complete with 15 seer AC, dual panel low E windows and builder Warranty. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

18. 2022-08-08
    status Pending 1066-char remark

    Show marketing remark (1066 chars)

    Under Construction. This spacious 3 Bedroom 2 bath 1 story block constructed home will take your breath away, upgraded tile in the wet areas, granite counter tops and stainless-Steel appliances. Plus this Smart Home System "Home Connected" with Z wave technology porch light switch, door lock, doorbell, thermostat and touch screen control hub all included. Save money with this energy efficient new home complete with 15 seer AC, dual panel low E windows and builder Warranty. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

19. 2022-08-05
    listed $388,990 Active 1066-char remark

    Show marketing remark (1066 chars)

    Under Construction. This spacious 3 Bedroom 2 bath 1 story block constructed home will take your breath away, upgraded tile in the wet areas, granite counter tops and stainless-Steel appliances. Plus this Smart Home System "Home Connected" with Z wave technology porch light switch, door lock, doorbell, thermostat and touch screen control hub all included. Save money with this energy efficient new home complete with 15 seer AC, dual panel low E windows and builder Warranty. * Photos are of similar model but not that of exact house. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Please note that no representations or warranties are made regarding school districts or school assignments; you should conduct your own investigation regarding current and future schools and school boundaries. *

20. 2022-01-31
    soldstatus $2,315,805

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,605 · $217/mo
• Projected year-2 tax: $2,805 · $234/mo
• Expected delta: +$200/yr (+$17/mo · 7.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,537
• − Mortgage interest: −$18,928
• − Property taxes: −$2,605
• − Insurance: −$1,690
• − Repairs & maintenance: −$2,363
• − Management: −$2,363
• − HOA: −$396
• − Depreciation: −$9,830
• Taxable loss: −$8,637
• Est. tax savings @ 24.0%: +$2,073
• After-tax cash flow: $-547/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Osceola
• NCES district ID: 1201470
• Math proficiency: 39% ▼ -9.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $45,528
• Composite: 35.7/100
• National rank: #4865
• State rank: #60 of 73 in FL

Livability — St. Cloud

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Osceola County · 410,217 people
• City population: 106,667
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 5,816
• Household income: $80,524
• Rent vs Own: 10.2% rent · 89.8% own
• Severe rent burden: 47.0

Population outlook (Osceola County) Hauer SSP2

• Today (2025): 447,624 people
• By 2030: 511,823 · +14.3%
• By 2040: 642,986 · +43.6%
• By 2050: 774,552 · +73.0%
• By 2075: 1,078,144 · +140.9%
• By 2100: 1,269,660 · +183.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (59%)
• Race & ethnicity: White 59% Hispanic / Latino 33% Two or more races 11%
• Hispanic origin (detail): Puerto Rican 20%
• Common ancestry: Portuguese 5% Slovak 3% Romanian 2%
• Foreign-born: 12% · Canada, South Korea
• Languages at home: 67% English-only · Spanish 27% Other Indo-European 4% German/W. Germanic 1%

Political lean MEDSL · Osceola

• 2024 margin: Toss-up / Even · D 48.7% · R 50.2% · Other 1.1%
• 2008→2024 swing: -21.2pp toward R · 2008: 19.7pp · 2024: -1.4pp
• All cycles: 2024: R+1.4 2020: D+13.8 2016: D+25.0 2012: D+24.5 2008: D+19.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.47%
• Current HPI: 279.5662
• Rent YoY: ▲ 1.79%
• Metro: Orlando-Kissimmee-Sanford, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

-85.4% since first listed

6 events — show timeline

• 2026-05-02 Price Changed $337,900 Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Listed $347,900 Stellar MLS as Distributed by MLS Grid
• 2022-10-07 Sold (MLS) $388,990 Stellar MLS as Distributed by MLS Grid
• 2022-08-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-08-05 Listed $388,990 Stellar MLS as Distributed by MLS Grid
• 2022-01-31 Sold (Public Records) $2,315,805 Public Records

Property tax history

+121.7%/yr

Latest (2025): $2,605 · +7.9% YoY. Source: county tax records.