Off-Market Property at 2718 W Madison Ave, Boise, ID 83702

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $177 per day and long-term for an average of $2,798 per month, based on similar listings in the area. Estimated short-term cap rate of -1.8%. Estimated long-term cap rate of -2.3%. Have you ever heard that expression "Location, Location, Location"? Well here it is. Close to the river, close to downtown, city parks and nearly everything that says Boise. The living space a large open space concept with hardwood floors, granite counter tops, ½ bath and laundry on the main level. Spacious master suit w/ walk in closet, dual vanities. Two full baths on second level plus space for a home office.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5571
Bedrooms
3
Bathrooms
3
SQFT
1,625
Furnished
N/A
Year built
2014
Listing Status
Off Market
MLS
98939524

Short-term Rental Potential
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$36,564

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$418

Price/SQFT

Long-term Rental Potential
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$33,576

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,798/mo

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