Under contract-accepting backup offers. Located in a private gated
community on a breathtaking 2.43-acre oversized conservation
homesite with direct access and panoramic views of Shadow Lake is
this exceptional 2-story residence. Mature oak trees, lush
landscaping, and a courtyard-entry 3-car garage with coach lights
create striking curb appeal, while the upgraded open deck design
(no corner column) and pocket sliding glass doors maximize
uninterrupted lake and nature views. The great room showcases a
stunning custom wood-burning fireplace built with authentic bricks
reclaimed from the historic streets of Ybor City, flanked by large
side windows to frame the water views. A custom shiplap mantle with
hidden electrical outlet, built-in lighting, and outlets on both
sides of the fireplace add both beauty and function. A charming,
lighted book nook creates a cozy retreat within the living space.
Elegant 5¼" crown molding in the family room, dining room, and
foyer, along with upgraded base trim, enhances the home's
architectural detail throughout. Luxury CoreLuxe 5mm waterproof
rigid vinyl plank flooring in the San Fernando Hickory finish flows
throughout the first floor, with extra material available for the
staircase or upstairs bonus room. Storage is abundant with an
extended, oversized pantry, spacious laundry room, and
well-designed closets featuring swinging doors in the main
bedrooms. The gourmet kitchen is a true centerpiece, featuring GE
Cafe appliances, white painted maple shaker-style cabinetry with
42" uppers and crown molding, Level 3 "Alaska Delicatus" White
Diamond granite countertops, custom under-cabinet lighting and
outlets, a large breakfast bar with generous seating, and a
separate breakfast nook. The first-floor primary suite offers
tranquil lake views and a spa-inspired bath with a corner 6' garden
tub, a fully enclosed shower with a Mr. Steam Thermasol SAA-240
steam unit (unit present, replacement needed for functionality),
and a custom double vanity with designer mirrors. Outdoor living is
equally impressive with covered and rear porches, an upgraded open
deck, fire pit, outdoor kitchen with grill, private irrigated yard,
mature oak trees. The spectacular 21' x 17' all-cedar Rainbow
Clubhouse Package II play set come with a penthouse, monkey bars,
rock wall, slide, fort, flower boxes, and hammock
swing-professionally installed in November 2024 and backed by a
lifetime cedar warranty. A whole-house generator and Energy Star
aluminum-framed double-pane windows complete this remarkable
lakefront retreat. Don't miss your chance to make this gem your
own-schedule a private tour today!
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.
Parking Features: Driveway, Garage Door Opener, Garage Faces Side
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Built-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s), Attic Ventilator, Eating Space In Kitchen, In Wall Pest System, Pest Guard System, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
Appliances: Bar Fridge, Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
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