Off-Market Property at 660 E Riviera Dr, Chandler, AZ 85249

660 E Riviera Dr, Chandler, AZ 85249

$779,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $274 per day and long-term for an average of $3,335 per month, based on similar listings in the area. Estimated short-term cap rate of -1.7%. Estimated long-term cap rate of -1.9%. Here it is! Beautiful large family home on the lake with a pool in the highly sought after gated community of Lagos Vistoso. 4 BR 3 BA and 3 car garage that is priced to sell! Beautiful gourmet chef's kitchen with views to the lush backyard, pool and lake. Planation shutters, spectacular master suite, open floor plan. Even a built-in bookcase with rolling ladder. Homes like this seldom become available in this pride of ownership neighborhood. Hurry on this one. Washer, dryer and 2 refrigerators also included plus the balance of the owner's home warranty transferred gratis.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$171
Rental Policy
daily
Yearly Taxes
$3283
Bedrooms
4
Bathrooms
3
SQFT
3,001
Furnished
N/A
Year built
2005
Listing Status
Off Market
MLS
6790878

Short-term Rental Potential
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$42,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$259

Price/SQFT

Long-term Rental Potential
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$40,020

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,335/mo

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