Off-Market Property at 5278 Avery Woods Ln, Knoxville, TN, 37921
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5278 Avery Woods Ln, Knoxville, TN, 37921

$334,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $173 per day and long-term for an average of $1,600 per month, based on similar listings in the area. Estimated short-term cap rate of 3.7%. Estimated long-term cap rate of -1.6%. Your new home located at 5278 Avery Woods Lane is one of the largest homes in the Avery Woods Community. You have 1832 sq. ft. of living space to utilize and make your own. When you walk in, you will be greeted with high cathedral ceilings and plenty of open space. You will feel so free! In addition to the two spacious bedrooms downstairs, you will be happy to know you have a large bonus room upstairs where you can let your imagination run wild. You can choose to use this bonus room as a multi-media room, a craft and activity room or even a third bedroom for guests. Your choices are endless! If you need to do some business, you have some dedicated office space. If you want to relax, just head out back to your patio and take in the beauty of your outdoor space. No worries about exterior maintenance. That is covered by your friendly HOA. You really have it all in this gem. Stop by and see this one soon! If you sleep on this one, you might not sleep in it!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$86
Rental Policy
daily
Yearly Taxes
$2020
Bedrooms
2
Bathrooms
2
SQFT
1,832
Furnished
unknown
Year built
2001
Listing Status
Off Market
MLS
1259993

Short-term Rental Potential
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$36,660

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$182

Price/SQFT

Long-term Rental Potential
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$19,200

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,600/mo

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