511 Taylor DR
About This Property
Beautifully designed 3-bedroom, 2-bath home offering 1,686 sq ft of modern living space, built in 2020 and crafted for both entertaining and everyday comfort. The open-concept kitchen features sleek quartz countertops, a spacious center island with a built-in sink, dishwasher, and storage, a large pantry, and seamless flow into the dining and living areas. Throughout the home, you'll find durable tile flooring, recessed lighting, elegant 6 panel doors, high ceilings, and timeless plantation shutters that add warmth and character.
All bedrooms include walk-in closets, while the spacious primary suite offers a large walk-in closet with built-in shelving, dual quartz vanities, and a tiled walk-in shower with a bench seat. Situated on a generous 0.35-acre lot, the outdoor space is designed for both relaxation and functionality with a lush low-maintenance turf lawn, natural grass, and a large covered patio perfect for entertaining, grilling, or enjoying your morning coffee.
A versatile side-yard shed equipped with AC and electricity creates the ideal office, hobby room, workout space, or retreat. The garage features tall ceilings, built-in shelving, and a mini-split air system for added comfort and flexibility, while the property also includes a plug capable of charging an RV. To top it off, the neighborhood offers a community park with lake access, giving you even more ways to enjoy the lifestyle this property provides.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by eXp Realty, LLC | $395,000 | |
| Listed by eXp Realty, LLC | |||
| May 21, 2026 | Delisted | - | |
| Delisted | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Price Decreased |
$405,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017