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179 SUNSHINE DR
About This Property
At the center of the home, the kitchen features stone countertops, stainless steel appliances approximately four years old, a breakfast bar and an easy connection to the family room.... PLANTATION SHUTTERS throughout the main living areas add a polished custom touch, while UPDATED WINDOWS allow plenty of natural light to fill the home....
The generously sized primary suite measures approximately 19' x 13' and includes a walk-in closet, an additional reach-in closet and private bath.... The second bedroom and full guest bath with double-sink vanity are positioned on the opposite side of the home, offering separation and privacy for guests, family or a home office....
One of the home's most versatile spaces is the enclosed Florida room, surrounded by vinyl windows and offering approximately 209 additional square feet for relaxing, hobbies, morning coffee or simply enjoying the backyard.... Raise the vinyl windows to create more of a three-season room feel, or remove them completely when you want the fully screened-in experience and maximum airflow.... Outside, mature landscaping and a nicely sized yard offer room to enjoy without becoming a full-time maintenance project.... The irrigation system is supplied by a private well with a NEW PUMP....
The oversized 2-car garage provides approximately 485 square feet with room for vehicles, storage and laundry.... HVAC 2013 and Water Heater 2018....
And the location checks some VERY important boxes.... FEMA FLOOD ZONE X, where lenders typically do not require flood insurance.... NO HOA.... ZONED FOR HIGHLY SOUGHT-AFTER PALM HARBOR UNIVERSITY HIGH SCHOOL.... All while being convenient to shopping, restaurants, parks, golf, Honeymoon Island and the downtown areas of Palm Harbor, Tarpon Springs, Ozona and Dunedin.... It's a location that puts so much of what makes northern Pinellas County desirable within easy reach....
If you have been waiting for a Palm Harbor home that gives you MORE SPACE, MORE FLEXIBILITY and MORE VALUE than the typical 2-bedroom option, this may be the one.... COME SEE 179 SUNSHINE DRIVE AND DECIDE FOR YOURSELF.
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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.
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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