278 Ceramic Ln · Mascotte, FL 34736

$324,740

4 bd · 2.0 ba · 1,600 sqft · SingleFamily · 71 Days on market

Built 2026 Excellent condition 5,662 sqft lot 2-car garage $116/mo HOA · 5% of rent

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +5.9/30.0
• Condition / age +4.8/5.0
• Schools +4.1/10.0
• Livability +3.6/5.0
• Rent growth +2.9/5.0
• 1% rule +1.7/10.0
• DSCR +0.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This new four-bedroom home offers convenient single-story living. An open-concept floorplan maximizes interior space and encourages seamless transitions between a modern kitchen, elegant dining room and comfortable family room. Three secondary bedrooms are tucked away to the side of the home, while a luxurious owner's suite is nestled into a private rear corner, complete with a full bathroom and walk-in closet.

Key facts

• Elegant dining room
• Modern kitchen
• Single story living

Tags

• SINGLE STORY LIVING
• OPEN CONCEPT FLOORPLAN
• MODERN KITCHEN
• ELEGANT DINING ROOM
• COMFORTABLE FAMILY ROOM
• LUXURIOUS OWNERS SUITE

🏗️ New construction. The $324,740 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $367,288.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $325k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-713 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $264k (18.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (24.3% below list).
• Recommended offer: $246k (24.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#405 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Lake (suburban): math 49% / reading 50% proficiency, ranked #37 of 73 in FL (top 51%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Clermont Elementary School (math 37% / reading 42%, grade F, #1,513 of 2,144 statewide, top 73%, 572 students, 60% FRL); Gray Middle School (math 45% / reading 45%, grade D, #310 of 571 statewide, top 56%, 1,148 students, 47% FRL); South Lake High School (math 36% / reading 39%, grade F, #336 of 667 statewide, top 51%, 2,169 students, 40% FRL) — zoned schools at 49% FRL track the district average.
• Market conditions: Rents rising (+1.7%/yr); 699 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 54d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 4,799 units permitted in Lake County in 2024 (814 in 5+ unit buildings).
• This rent runs 33% of the median local income ($91k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($305k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Recommended offer $245,725 (24.3% 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 71 days. Have you received any prior offers? Is the seller open to a 24% 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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.
9. 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.
10. 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: 0.67% ✗
• Cap rate: 3.96%
• Cash-on-cash: -8.32%
• DSCR: 0.63
• GRM: 12.5

CMA / ARV

• ARV (median comp): $367,288
• List price: $324,740
• Delta: -11.65%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7327 Capstone Dr	0.22mi	3/2.0 (-1)	1,603 (+0%)	8mo	$310,000	$193	77
407 Oak Flat Aly	0.25mi	3/2.5 (-1)	1,573 (-2%)	3mo	$321,980	$205	76
7467 Sandstone Dr	0.20mi	3/2.0 (-1)	1,555 (-3%)	11mo	$350,000	$225	71
7479 Sandstone Dr	0.21mi	3/2.0 (-1)	1,555 (-3%)	11mo	$339,990	$219	71
7212 Big Cedar Aly	0.23mi	3/2.5 (-1)	1,573 (-2%)	12mo	$297,154	$189	69
333 Sunbrooke Dr	0.39mi	4/2.0	1,707 (+7%)	4mo	$390,000	$228	67
208 Streamwater Way	0.24mi	4/2.0	1,813 (+13%)	0mo	$354,674	$196	67
489 Winsome Aly	0.23mi	3/2.5 (-1)	1,707 (+7%)	8mo	$315,241	$185	64
7441 Capstone Dr	0.15mi	3/2.0 (-1)	1,429 (-11%)	10mo	$322,265	$226	62
7550 Headwaters Ct	0.17mi	3/2.0 (-1)	1,429 (-11%)	13mo	$342,490	$240	58
423 Oak Flat Aly	0.26mi	3/2.5 (-1)	1,813 (+13%)	0mo	$369,990	$204	58
592 Jupiter Beach Rd	0.73mi	4/2.0	1,812 (+13%)	16mo	$400,000	$221	30

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

Projected returns pro-forma

-3.0% appreciation · 1.67% rent growth · sell at horizon

5-year hold

• IRR: -32.5%
• Equity multiple: -0.05×
• Total profit: $-108,066
• Equity at exit: $54,764

10-year hold

• IRR: -46.8%
• Equity multiple: -0.61×
• Total profit: $-165,104
• Equity at exit: $31,756

Cash invested: $102,841 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 40 active · 23 under contract
• Months of supply: 17.1 mo (6%/mo absorbed)
• Median asking: $353,120 ($202/sqft)
• Median days on market: 85 d
• This list price: 5% of active listings are priced below it
• ARV vs active asking: +13.8% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 34736

• Home prices YoY: -22.5%
• Rents YoY: 1.7%
• Active inventory: 699
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,457 high
• Mortgage (P&I): −$1,926
• Tax est. 1.5%: −$459 /mo · $5,509/yr
• Insurance: −$153
• HOA: −$116
• Vacancy / Maint / Mgmt: −$516
• Net cashflow: $-713

Break-even live

Break-even rent $3,360

Max offer price $264,113

Occupancy floor —

Sensitivity live

Price	-10% $-459	-5% $-586	+0% $-713	+5% $-840	+10% $-967
Rent	-10% $-907	-5% $-810	+0% $-713	+5% $-616	+10% $-519
Rate	-1.0pp $-528	-0.5pp $-620	base $-713	+0.5pp $-808	+1.0pp $-905

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: $91,822
• Closing costs: $11,019
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7201 Big Cedar Aly Groveland, FL	3.0	2.5	1500	$2,000	$1.33	73d	1	0.26mi
338 Ridgemark Ave Groveland, FL	4.0	2.0	1824	$2,300	$1.26	54d	1	0.31mi
201 Sangmon Ct Groveland, FL	3.0	2.5	1920	$2,149	$1.12	24d	1	0.60mi
6612 Tempo Way Mascotte, FL	3.0	2.0	1990	$2,600	$1.31	54d	1	0.92mi
6612 Tempo Way Groveland, FL	3.0	2.0	1990	$2,395	$1.20	36d	1	0.92mi
2009 Sloans Outlook Dr Groveland, FL	3.0	2.0	1670	$2,250	$1.35	69d	1	0.95mi
6337 Chorus Dr Groveland, FL	3.0	2.0	1772	$2,250	$1.27	73d	1	1.22mi
6336 Chorus Dr Mascotte, FL	4.0	2.0	1994	$2,390	$1.20	16d	1	1.24mi
4025 E Cardinal Pines Dr Mascotte, FL	3.0	2.0	1260	$2,100	$1.67	54d	1	1.44mi
1063 Bluegrass Dr Groveland, FL	4.0	2.0	2182	$2,500	$1.15	73d	1	1.49mi

Property features AI

Finance

• Other: CDD assessment applies
• Financial info: Other annual assessment: $1,719Lease restrictions apply
• HOA & community: HOA managed by Castle Group / D. GarrowQuarterly association fee ($350)Monthly equivalent approximately $116.67Association amenities: pool, playground, trailsAssociation fee includes maintenance of grounds, private road, and escrow reservesAssociation approval requiredPets allowedCommunity features include dog park and street lights; no truck/RV/motorcycle parking

Exterior

• Parking: Attached 2-car garage (18x20) with garage door openerDriveway
• Security: Smoke detector(s)
• Utilities: Public waterPublic sewerElectricity available and connectedFiber opticsUnderground utilities
• Home design: Single-family residenceOne levelUnder construction (projected completion: 2026-09-01)Northeast facing
• Construction: Frame and other construction materialsShingle roofSlab foundationNew construction by Lennar Homes (model: Sentosa)
• Exterior features: Screened patio/porchRain guttersSidewalkPaved, private lotLandscaped with trees

Interior

• Kitchen: DishwasherDisposalMicrowaveRangeRefrigerator
• Bedrooms: 4 bedrooms
• Flooring: CarpetCeramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric)Central air conditioning
• Interior features: In-wall pest systemOpen floor planSolid surface countersSmoke detector(s)
• Laundry & utility: WasherDryerInside laundryInside utility / family room

Listing history 50 events

1. 2026-08-08
   pricedays on market $324,740 Active 71 DOM
2. 2026-08-06
   days on market $324,490 Active 69 DOM
3. 2026-08-05
   days on market $324,490 Active 68 DOM
4. 2026-08-04
   days on market $324,490 Active 67 DOM
5. 2026-08-03
   days on market $324,490 Active 66 DOM
6. 2026-07-31
   days on market $324,490 Active 63 DOM
7. 2026-07-30
   days on market $324,490 Active 62 DOM
8. 2026-07-30
   days on market $324,490 Active 61 DOM
9. 2026-07-28
   days on market $324,490 Active 60 DOM
10. 2026-07-26
    days on market $324,490 Active 58 DOM
11. 2026-07-24
    days on market $324,490 Active 56 DOM
12. 2026-07-23
    days on market $324,490 Active 55 DOM
13. 2026-07-22
    days on market $324,490 Active 54 DOM
14. 2026-07-21
    days on market $324,490 Active 53 DOM
15. 2026-07-20
    days on market $324,490 Active 52 DOM
16. 2026-07-18
    days on market $324,490 Active 50 DOM
17. 2026-07-18
    days on market $324,490 Active 49 DOM
18. 2026-07-16
    days on market $324,490 Active 48 DOM
19. 2026-07-15
    days on market $324,490 Active 47 DOM
20. 2026-07-14
    days on market $324,490 Active 46 DOM
21. 2026-07-13
    days on market $324,490 Active 45 DOM
22. 2026-07-13
    days on market $324,490 Active 44 DOM
23. 2026-07-11
    days on market $324,490 Active 43 DOM
24. 2026-07-10
    days on market $324,490 Active 42 DOM
25. 2026-07-09
    days on market $324,490 Active 41 DOM
26. 2026-07-07
    days on market $324,490 Active 39 DOM
27. 2026-07-06
    days on market $324,490 Active 38 DOM
28. 2026-07-05
    days on market $324,490 Active 37 DOM
29. 2026-07-03
    days on market $324,490 Active 35 DOM
30. 2026-07-02
    days on market $324,490 Active 34 DOM
31. 2026-07-01
    days on market $324,490 Active 33 DOM
32. 2026-06-30
    price $324,490 Active 32 DOM
33. 2026-06-30
    days on market $319,490 Active 32 DOM
34. 2026-06-29
    days on market $319,490 Active 31 DOM
35. 2026-06-28
    days on market $319,490 Active 30 DOM
36. 2026-06-27
    days on market $319,490 Active 29 DOM
37. 2026-06-26
    days on market $319,490 Active 28 DOM
38. 2026-06-24
    days on market $319,490 Active 26 DOM
39. 2026-06-22
    pricedays on market $319,490 Active 24 DOM

    Show marketing remark (414 chars)

    This new four-bedroom home offers convenient single-story living. An open-concept floorplan maximizes interior space and encourages seamless transitions between a modern kitchen, elegant dining room and comfortable family room. Three secondary bedrooms are tucked away to the side of the home, while a luxurious owner's suite is nestled into a private rear corner, complete with a full bathroom and walk-in closet.

40. 2026-06-21
    pricedays on market $318,990 Active 23 DOM
41. 2026-06-18
    days on market $323,490 Active 20 DOM
42. 2026-06-17
    days on market $323,490 Active 19 DOM
43. 2026-06-16
    days on market $323,490 Active 18 DOM

    Show marketing remark (414 chars)

    This new four-bedroom home offers convenient single-story living. An open-concept floorplan maximizes interior space and encourages seamless transitions between a modern kitchen, elegant dining room and comfortable family room. Three secondary bedrooms are tucked away to the side of the home, while a luxurious owner's suite is nestled into a private rear corner, complete with a full bathroom and walk-in closet.

44. 2026-06-15
    price $323,490 Active 17 DOM

    Show marketing remark (414 chars)

    This new four-bedroom home offers convenient single-story living. An open-concept floorplan maximizes interior space and encourages seamless transitions between a modern kitchen, elegant dining room and comfortable family room. Three secondary bedrooms are tucked away to the side of the home, while a luxurious owner's suite is nestled into a private rear corner, complete with a full bathroom and walk-in closet.

45. 2026-06-15
    days on market $318,490 Active 17 DOM

    Show marketing remark (414 chars)

    This new four-bedroom home offers convenient single-story living. An open-concept floorplan maximizes interior space and encourages seamless transitions between a modern kitchen, elegant dining room and comfortable family room. Three secondary bedrooms are tucked away to the side of the home, while a luxurious owner's suite is nestled into a private rear corner, complete with a full bathroom and walk-in closet.

46. 2026-06-13
    days on market $318,490 Active 15 DOM
47. 2026-06-09
    days on market $318,490 Active 11 DOM
48. 2026-06-08
    days on market $318,490 Active 10 DOM
49. 2026-06-07
    days on market $318,490 Active 9 DOM
50. 2026-06-04
    days on market $318,490 Active 6 DOM

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

Taxation est. · year 1

• Rental income: $29,487
• − Mortgage interest: −$20,574
• − Property taxes: −$5,509
• − Insurance: −$1,836
• − Repairs & maintenance: −$2,359
• − Management: −$2,359
• − HOA: −$1,392
• − Depreciation: −$10,685
• Taxable loss: −$15,227
• Est. tax savings @ 24.0%: +$3,655
• After-tax cash flow: $-4,902/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.

Condition & rehab AI · 19 photos

Excellent 95/100 None rehab

This move-in-ready, single-story home offers a modern and spacious living experience with excellent condition and minimal maintenance needs.

Value-add opportunities

• Resale Painting the exterior siding — Fresh paint can enhance curb appeal and home value ↑
• Resale Updating the kitchen backsplash — A new backsplash can add a modern touch and increase the home's appeal ↑
• Both Adding smart home features — Smart home features can improve convenience and increase both resale and rental value ↑

F Composite school gradezoned avg 41/100

Zoned Schools

Elementary Clermont Elementary School F FL #1,513/2,144 Nat'l #19,648/41,679 Middle Gray Middle School D FL #310/571 Nat'l #4,622/14,009 High South Lake High School F FL #336/667 Nat'l #8,937/17,239

Schools (NCES district)

• District: Lake
• NCES district ID: 1201050
• Math proficiency: 49% ▼ -7.00%
• Reading proficiency: 50% ▼ -4.00%
• Median HH income: $46,632
• Composite: 42.05/100
• National rank: #3327
• State rank: #37 of 73 in FL

B Composite livability gradescore 71/100

Livability — Mascotte

• Score: 71/100
• State rank: #405
• US rank: #7156

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment C+ Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mascotte, FL
• County: Lake County · 386,640 people
• City population: 33,565
• Metro: Orlando-Kissimmee-Sanford, FL
• Population (ZIP): 28,001
• Household income: $90,545
• Rent vs Own: 11.3% rent · 88.7% own
• Severe rent burden: 0% of renters

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Population outlook (Lake County) Hauer SSP2

• Today (2025): 386,640 people
• By 2030: 417,107 · +7.9%
• By 2040: 476,676 · +23.3%
• By 2050: 531,296 · +37.4%
• By 2075: 648,303 · +67.7%
• By 2100: 698,530 · +80.7%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 52% Hispanic / Latino 25% Two or more races 17% Black 15% Asian 4%
• Hispanic origin (detail): Mexican 3% Puerto Rican 15% Cuban 2%
• Common ancestry: Romanian 2% Hispanic 2% Lithuanian 1%
• Foreign-born: 13% · Canada, Guatemala
• Languages at home: 81% English-only · Spanish 14% French/Haitian/Cajun 2% Other Indo-European 1%

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Political lean MEDSL · Lake

• 2024 margin: Strong R (+24.7) · D 37.3% · R 62.0%
• 2008→2024 swing: -11.2pp toward R · 2008: -13.5pp · 2024: -24.7pp
• All cycles: 2024: R+24.7 2020: R+20.0 2016: R+23.1 2012: R+17.1 2008: R+13.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -77.23%
• Current HPI: 265.3457
• Rent YoY: ▲ 1.67%
• Metro: Orlando-Kissimmee-Sanford, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

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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

Property features AI

Finance

• Other: CDD assessment applies
• Financial info: Other annual assessment: $1,719Lease restrictions apply
• HOA & community: HOA managed by Castle Group / D. GarrowQuarterly association fee ($350)Monthly equivalent approximately $116.67Association amenities: pool, playground, trailsAssociation fee includes maintenance of grounds, private road, and escrow reservesAssociation approval requiredPets allowedCommunity features include dog park and street lights; no truck/RV/motorcycle parking

Exterior

• Parking: Attached 2-car garage (18x20) with garage door openerDriveway
• Security: Smoke detector(s)
• Utilities: Public waterPublic sewerElectricity available and connectedFiber opticsUnderground utilities
• Home design: Single-family residenceOne levelUnder construction (projected completion: 2026-09-01)Northeast facing
• Construction: Frame and other construction materialsShingle roofSlab foundationNew construction by Lennar Homes (model: Sentosa)
• Exterior features: Screened patio/porchRain guttersSidewalkPaved, private lotLandscaped with trees

Interior

• Kitchen: DishwasherDisposalMicrowaveRangeRefrigerator
• Bedrooms: 4 bedrooms
• Flooring: CarpetCeramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric)Central air conditioning
• Interior features: In-wall pest systemOpen floor planSolid surface countersSmoke detector(s)
• Laundry & utility: WasherDryerInside laundryInside utility / family room

Price history

+0.3% since first listed

12 events — show timeline

• 2026-06-22 Price Changed $319,490 Stellar MLS as Distributed by MLS Grid
• 2026-06-22 Price Changed $319,490 Zillow
• 2026-06-19 Price Changed $318,990 Zillow
• 2026-06-19 Price Changed $318,990 Stellar MLS as Distributed by MLS Grid
• 2026-06-16 Price Changed $323,990 Zillow
• 2026-06-15 Price Changed $323,490 Stellar MLS as Distributed by MLS Grid
• 2026-06-15 Price Changed $323,490 Zillow
• 2026-06-02 Price Changed $318,490 Zillow
• 2026-06-01 Price Changed $318,490 Stellar MLS as Distributed by MLS Grid
• 2026-05-29 Listed $323,490 Stellar MLS as Distributed by MLS Grid
• 2026-05-26 Price Changed $323,490 Zillow
• 2026-05-23 Listed $318,490 Zillow