1218 TAYLOR AVE
About This Property
At the heart of the home is a light-filled, open kitchen, dining, and living area that offers excellent flow for both everyday living and entertaining. The kitchen has been completely renovated with white shaker-style cabinetry, stone countertops, and a full suite of GE and Frigidaire appliances, along with recessed lighting and abundant storage. The open design allows for easy connection between spaces while still maintaining comfortable, defined living areas.
Both bathrooms have been fully renovated, including a permitted expansion of the primary bathroom, creating a more spacious and functional retreat. Updated flooring runs throughout the home, complemented by newer ceiling fans and updated windows that enhance the overall light and bright feel.
Major system updates have already been completed, including a new roof (2024), water heater (2024), upgraded electrical panel, updated ductwork, and added attic insulation. The AC system is approximately 14 years old, Ductwork redone in 2024. Brand new washer and dryer are also included.
Beyond the main living area, an extended rear living space overlooks the backyard and brings in great natural light. Open to the primary living areas, it adds to the home's spacious feel and offers flexibility for a secondary sitting area or relaxed gathering space.
Step outside to a private, beautifully maintained backyard featuring a spacious paver patio, vinyl fencing, professional landscaping, and mature trees that provide both shade and character. The irrigation system utilizes reclaimed water, helping to maintain the lawn efficiently and cost-effectively.
Additional features include a 2-car garage with Genie Aladdin Connect capability for remote access, gutters with guards and new front pavers and columns to finish off the welcoming front porch.
Located on a quiet street in a non evacuation zone where lenders do NOT require flood insurance, in the golf cart-friendly Fairway Estates community, this home offers convenient access to the Dunedin Golf Club, Highlander Park, the Pinellas Trail, and all that downtown Dunedin has to offer, including dining, shopping, and waterfront activities.
This is a home where the major work has already been done-allowing you to move in and start enjoying it immediately.
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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