20465 Black Tree Lane
About This Property
Welcome to your dream home, offering approximately 3,400 sq ft of thoughtfully designed living space! This stunning residence features 5 spacious bedrooms (including a first-floor ensuite), 4.5 bathrooms, and a versatile bonus loft area that sets it apart.
The enclosed bonus loft is a unique highlight, ready to be transformed into a movie room, home gym, playroom, or teen hangout-the possibilities are endless! Entertain in style with the oversized paver patio or the expansive kitchen, complete with an eat-in bar and newer appliances (fridge & dishwasher 2021, washer & dryer 2022).
The split 3-car garage (2/1) provides plenty of storage space, while the eastern-facing, lakefront lanai offers breathtaking sunrise views. Unwind at the end of the day on the cozy front patio, perfect for enjoying tranquil sunsets.
Located in The Preserve at Corkscrew, this home is part of a vibrant community with fantastic amenities, including tennis, pickleball, a resort-style pool, fitness center, and more!!
Don't miss this incredible opportunity to enjoy luxury living and an active, social lifestyle!
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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%.
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 |
|---|---|---|---|
| Apr 2, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Price Decreased |
$624,900
↓ $40K
(6%) | |
| Price Decreased | |||
| Jan 21, 2025 | Price Decreased |
$665,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Nov 19, 2024 | Listed by DomainRealty.com LLC | $685,000 | |
| Listed by DomainRealty.com LLC | |||
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017