1241 Taylor Rd
About This Property
This one is for the buyer who wants a house that is actually finished. Not finished except for the kitchen. Finished. New drywall and fresh paint throughout, new LVP flooring, new interior doors, new lighting with recessed cans, and an HVAC system that is only a year old.
Walk in the front door and you are standing in the living room, with a wide window looking out over the front yard and the trees across the street. The hallway runs back to the bedrooms, and the kitchen and dining room sit around the corner. The kitchen has new granite countertops, a touchless faucet, a natural gas range with a new stainless range hood, floating wood shelves, and a walk-in pantry behind frosted glass doors that holds a serious amount of groceries. The dining room opens through sliding glass doors onto a new 22 by 12 foot deck that looks out over the fenced backyard, which is the part you will use every single evening from April through October.
All three bedrooms are on the main level. The primary is 14 by 11 with its own half bath and a closet, and the two other bedrooms share the full bath in the hall. Downstairs there is a big garage, roughly 39 by 23 feet, so two cars plus the mower, the kayaks, and the tools. There is also a storage room, a laundry area, and a finished bonus room with its own exterior door that works as an office, a gym, or a spot for guests.
The outside got the same attention: charcoal painted brick, cedar shutters, window boxes, and a stained wood front door that makes the place look like somebody cares about it. The lot is a full 1.06 acres with a fenced backyard, fresh landscaping, and a cul-de-sac out front, so there is no through traffic. You get elbow room without a long drive to town. Cherokee Lake access and Panther Creek State Park are 2.5 miles away, close enough that a boat or a hiking trail is a decision you make after work, not a weekend you have to plan. Groceries are 2 miles. Restaurants, shopping, and Walmart at Merchants Greene are 2.3 miles.
If you are buying your first home, scaling down from something bigger, or moving to East Tennessee and want to be near Cherokee Lake without paying waterfront prices, come see 1241 Taylor Road.
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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 5, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Listed by ReMax Real Estate Ten | $325,000 | |
| Listed by ReMax Real Estate Ten | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017