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10870 BAYSHORE DRIVE
About This Property
home offers an elevated expression of luxury living. Thoughtfully designed to maximize
sweeping water views, the residence delivers a refined yet inviting atmosphere ideal for
both intimate living and grand entertaining. As you step inside you are greeted
by a spacious open floor plan, highlighted by a wood-burning fireplace, and captivating
views of the pool, backyard, and lake. At the heart of the home, a chef's kitchen stands
as a true centerpiece, appointed with top-of-the-line appliances and two expansive
center islands, it's the perfect place for family gatherings. The kitchen opens to a large
family room and breakfast nook providing effortless flow for daily living, enhanced by
panoramic lake views that bring the outdoors in. The primary suite serves as a luxurious
retreat, featuring peaceful water views and a spa-like bathroom with dual vanities, a
walk-in shower, and an elegant soaking tub. Additional first floor amenities include a
guest bedroom, a home office, and a pool bath. Upstairs, you will find two additional
bedrooms, a spacious bonus room, and a private balcony overlooking the lake. Outdoor
living rivals a private resort with a large, covered lanai, sparkling pool, spa, and an
expansive backyard that leads to a private boat dock with a boat lift and jet ski parking.
With direct access to the Butler Chain's interconnected lakes there will be no shortage
of things to do on the weekend. Enjoy being just minutes from Windermere A rated
schools, the Friday farmers market, quaint eateries, and a short drive to world class
shopping, fine dining, and the Disney and Universal theme parks. This is more than a
home, it is a rare opportunity to own a private lakefront retreat on the Butler Chain of
Lakes, where luxury, lifestyle, and location converge in one truly exceptional offering.
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Cap Rate Calculator
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 27, 2026 | Sold | ||
| Sold | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Price Decreased |
$2,895,000
↓ $100K
(3.3%) | |
| Price Decreased | |||
| Mar 10, 2026 | Price Decreased |
$2,995,000
↓ $305K
(9.2%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by ONE LUXURY INTERNATIONAL LLC | $3,300,000 | |
| Listed by ONE LUXURY INTERNATIONAL LLC | |||
Property Highlights
Building Info
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Price/ft²
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About Lake Down Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017