1221 Jackson ROAD
About This Property
This 3,368 total sq ft property (with 2,908 heated sq ft) is a perfect blend of colonial architecture and modern amenities. The home has been tastefully updated throughout and features 4 bedrooms, 2 full bathrooms, and 1 half bathroom. Coming through the front door into the foyer you are welcomed by a spacious living room that is anchored by a wood-burning fireplace. The living room sliding-glass doors open to a private patio area and backyard. The two French doors on either side of the fireplace open to large sunroom with full-length windows that would make an ideal office or music room. On the other side of the home is the formal dining room with built-in China cabinets. The antique hinged door opens to a bright kitchen with custom hardwood cabinets, lots of storage, and all-new stainless-steel appliances including a gas stove. The kitchen breakfast bar overlooks the dinette area and the properties large backyard. Off the dinette is access to a large laundry room with a tankless gas water heater. This home has had several thoughtful touches and upgrades over the years that really make it distinctive.
The original wood floors have been refinished in a contemporary "whitewash" stain that complements the home's historic charm. At the top of the stairs, you will find 4 well-sized bedrooms including the primary suite. The primary suite includes two large walk-in closets separated by an adorable window-bench alcove. The en-suite bathroom has all new fixtures and a custom make-up desk with counterspace to spare. The property has a long driveway that leads around the home to the detached 2-car garage in back. Above the garage is a fully updated 1-bedroom, 1-full bathroom in-law suite with lots of open space and its own full-sized kitchen with all new cabinets and stainless-steel appliances. The apartment above the garage is permitted, zoned correctly, and it has its own power meter.
This home has undergone extensive renovations over the last year but has kept its character. The roof was replaced in 2022 on both buildings, and all the A/C units are brand new. The home has all-new siding, and most of the windows have been updated. The home is not in a flood zone, and there is no mandatory HOA for this neighborhood. This amazing property is waiting for you to call it home. Don't miss out on this rare opportunity to own a piece of history in one of the most sought-after neighborhoods in Clearwater. The seller is offering $5,000 dollars towards buyers closing costs, or a mortgage rate buy down. Room Feature: Linen Closet In Bath (Interior In-Law Suite).
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| Aug 29, 2023 | In contract | - | |
| In contract | |||
| Aug 25, 2023 | Price Decreased |
$749,000
↓ $900
(0.1%) | |
| Price Decreased | |||
| Aug 16, 2023 | Relisted | $749,900 | |
| Relisted | |||
| Apr 30, 2023 | Listed by MANGROVE BAY REALTY LLC | $749,900 | |
| Listed by MANGROVE BAY REALTY LLC | |||
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About Country Club Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017