10018 LONE TREE LANE
About This Property
Perfectly positioned on Lake Sheen, part of the famed Butler Chain of Lakes, this pristine and immaculately maintained custom masterpiece with a PRIVATE BOAT RAMP offers an unparalleled lakefront lifestyle.
Featured in Florida Travel & Leisure for having one of "The Best Outdoor Living Areas in Florida," the home is truly spectacular both inside and out. The first floor offers a luxurious primary bedroom retreat with custom closets, lake views, and a jaw-dropping spa-style bathroom, plus a home office, soaring-ceiling family room, formal dining room, and eat-in kitchen overlooking the zero-entry pool/spa and lakefront.
Upstairs, you'll find three additional bedrooms and a spacious terrace with panoramic views overlooking the pool and the sparkling waters of Lake Sheen-perfect for morning coffee or evening wine.
The outdoor living and recreation areas are truly over-the-top. A pavered circular drive leads to a gated motor court and your very own PRIVATE boat ramp. The expansive dock is built for entertaining, with ample lighting, a covered boat lift, two jet ski lifts, a kayak lift, and a covered fire pit lounge. You'll also find a built-in ladder for easy lake access and a step-down entry from the dock-perfect for swimming, floating, or launching paddleboards.
All just minutes from Tibet Butler Preserve, world-class shopping, and dining at Disney Springs, and only 15 minutes from the Disney Parks, where you'll enjoy nightly fireworks views from your backyard. Zoned for highly rated schools, including Castleview Elementary, Horizon West Middle, and Windermere High School.
Additional features include a 40kW whole-house generator, 21 SEER Trane zoned HVAC, irrigation well, water filtration system, and state-of-the-art security.
Schedule your private showing today-this one is truly a rare find.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017