1454 Treetop DRIVE
About This Property
This is a beautiful home with all the best design features that are so hard to find these days. Stepping through the front door we find the formal Dining Room adjoining the Living Room with soaring 17' vaulted ceiling and sweeping views through the French doors to the outdoor dining area of the huge Lanai. In a true split-plan design the Primary Suite, en Suite Bath, and 2nd Bedroom are arrayed in the right end of the home. Enjoy private time in this oasis with your large Primary Bedroom that overlooks and opens to the Lanai with direct access to your covered spa and features super large walk in closets with his and her sections. The Primary Bath has a deep soak tub, new vanity with split sinks, updated stand -alone shower, private WC, and access to the Lanai and pool deck. The adjoining 2nd Bedroom makes a perfect nursery, home office, work-out room... well, you decide.
The other end of the home has an open flow from the Kitchen to the Family Room, and Breakfast nook. The updated Kitchen has rich wood cabinetry and miles of granite countertop. Entertaining is easy across the serving island into the Family Room with 17' ceilings, wood burning fireplace, wet bar, and open access to the Outdoor Living Area of the Lanai. The Breakfast nook is light and airy with an open view or access on three sides to the Lanai and pool deck.
This end of the home has three bedrooms that share one and 1/2 baths. Two of the Bedrooms have high-end decorative windows with custom shutters – you'll need to see them to truly appreciate their designer quality.
The Pool, Spa, Lanai, and Cabana Bath are the embodiment of the Florida outdoor lifestyle. This portion of the home is anchored by the larger than average pool that glimmers with Diamond Bright finish. In a very private alcove is your hot tub spa. The enormous, covered Lanai features one side perfect for al fresco dining and window access to the Kitchen for easy serving, and the other end open and roomy for outdoor furnishings to lounge and entertain. The Cabana Bath is a full bath complete with a shower, and adorably decorated to suit the cabana ambiance. The Pool, Spa, Lanai, Cabana Bath are ready made for the quintessential Florida lifestyle. This home is in exceptionally well-maintained condition. The roof was replaced in 2013 and AC in 2018.
AND that's just the beginning. Indian Trails is fantastically friendly, hosts famous Holiday Lights displays, is near the Pinellas Trail, minutes from Gulf Beaches, short hop to Dunedin, Tarpon Springs or Safety Harbor, and just 20 miles to Tampa International Airport... oh we could go on and on, but you should come see for yourself. Check out the link for video tour, or 3D self-tour, or call for a showing appointment only.
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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.
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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