Off-Market Property at 2090 Park Glenn Dr, Alpharetta, GA, 30005

2090 Park Glenn Dr, Alpharetta, GA, 30005

$840,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $449 per day and long-term for an average of $4,782 per month, based on similar listings in the area. Estimated short-term cap rate of 3.0%. Estimated long-term cap rate of -2.4%. Presenting 2090 Park Glenn Drive, a beautiful brick traditional home nestled within the sought after Park Glenn Swim/Tennis Community. Perfectly situated in a cul-de-sac, this home boasts one of the largest floor plans in the neighborhood. Upon entry, you are greeted by a two-story foyer leading to a family room that features a fireplace and view to the kitchen. The eat-in kitchen is a chef's delight, featuring custom cabinetry, a coffee bar, professional-grade stainless steel appliances including a Wolf 5 Burner Cooktop, granite countertops, a custom walk-in pantry. The main level also offers a guest suite/office with full bath for added versatility. Dual staircases lead to the upper level where you will find the Primary Bedroom, complete with a sitting area, his/her walk-in closets, and an ensuite bath boasting custom cabinetry, granite countertops, dual vanities, and a large shower. The three oversized secondary bedrooms include a jack and jill and another with a walk in closet and private bath. Outside features multi-level decks, perfect for gatherings and relaxation. The expansive, unfinished basement is stubbed for a bathroom and features 14 foot ceilings. Enjoy the convenience of being a short distance from award-winning, top North Fulton schools, GA400, downtown Alpharetta, Avalon, North Point Mall, dining, and entertainment. Webb Bridge Project Improvements include providing a travel lane, bike lane, planting strip with pedestrian lighting and street trees and sidewalk along both sides of Webb Bridge Road.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$1265
Rental Policy
daily
Yearly Taxes
$8413
Bedrooms
5
Bathrooms
4
SQFT
3,734
Furnished
unknown
Year built
1997
Listing Status
Off Market
MLS
10277151

Short-term Rental Potential
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$102,132

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$224

Price/SQFT

Long-term Rental Potential
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$57,384

Revenue
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Profit
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Cap rate
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Cash on Cash
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$4,782/mo

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