2950 MEADOW HILL DRIVE
About This Property
The lovely verdant view from most of the key living areas of the home provides a tranquil picturesque backdrop for daily life. While situated on Countryside Country Club's Pine course, a pond and mature trees separate the backyard from the fairway which results in a private backyard retreat.
The layout of the home is a single-story split floorplan with the primary ensuite bedroom, office and powder room on one side of the home and two large bedrooms with a full bathroom on the other side of the home. Enter the home into a foyer, living room and dining room which look out over the lanai and a backyard rarely found in Pinellas County. The open floor plan features a remodeled kitchen with quartz countertops, an oversized island and a large walk-in pantry, family room and breakfast area with large windows and sliding glass doors to the beautiful views. The generous 3-car garage easily accommodates SUVs, bicycles, and a golf-cart.
Unwind at the end of the day on the lanai under the magnificent trees and savor stunning sunsets throughout the year.
Virtually every aspect of this home has been updated: New roof (2025); All windows/sliders replaced with impact glass (2015); New HVAC (2023); new ductwork throughout the entire home (2020), complete re-pipe of the home (2024); New water heater with booster and expansion tank (2024); Refinished pool and new lanai pavers (2022); Kitchen remodel (2020); master bath remodel with custom cabinets (2020); new flat roof (2021); New front door with impact glass (2020); New smoke/fire/CO2 central alarm (2024); New irrigation pump (2024); new Liftmaster garage double-door motor with battery back-up and springs/hardware (2024); and new springs/hardware on the single garage door (2025).
Other features include plantation shutters throughout the home, all popcorn ceilings removed, large walk-in pantry, whole-house water conditioning, under-sink reverse osmosis water filtration system in the kitchen, all solid wood doors throughout the home, and custom-built cabinetry in living room and family room.
The home is minutes away from Countryside Country Club and conveniently located to the beaches, airports, hospitals, parks, St. Pete and Tampa. There is no HOA.
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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%.
How much can I actually make?
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017