9945 REDS LANE
About This Property
Imagine mornings with coffee overlooking the water, afternoons spent fishing, boating or waterskiing, and evenings grilling by the pool as the sun slips behind the trees. Wander through established fruit orchards filled with apples, peaches and citrus, plant the garden you have always dreamed of, or simply enjoy the extraordinary privacy of your own hidden sanctuary.
With generous acreage and abundant space, the property is beautifully suited for multigenerational living, memorable gatherings and a lifetime of traditions. Here, holidays become legacy moments, grandchildren explore beneath ancient oaks, and fireflies illuminate warm Florida evenings like something from a storybook.
With no HOA and room to live, grow, gather and breathe, this enchanting Lake Gary estate offers the rare combination of waterfront recreation, Old Florida beauty and ultimate seclusion-all within Clermont. This is more than a home. It is the setting for your family's next great chapter-and the kind of fairytale that can be passed down for generations.
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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 |
|---|---|---|---|
| Aug 21, 2026 | Listed by GAILEY ENTERPRISES REAL ESTATE | $1,500,000 | |
| Listed by GAILEY ENTERPRISES REAL ESTATE | |||
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2023 | In contract | - | |
| In contract | |||
| Sep 8, 2023 | Relisted | $899,000 | |
| Relisted | |||
| Sep 4, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017