Investment Condo at 130 S Estes Dr, Chapel Hill, NC 27514 - $10,284 Profit
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130 S Estes Dr, Chapel Hill, NC 27514

Unit - #B7

$128,000

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $172 per day and long-term for an average of $1,216 per month, based on similar listings in the area. Estimated short-term cap rate of 8.0%. Estimated long-term cap rate of 1.4%. Welcome to this beautifully designed home with a natural color palette that creates a soothing and inviting atmosphere. Offering numerous rooms for flexible living space, this property ensures versatility to adapt to your changing needs. The primary bathroom boasts good under sink storage, providing you with ample space to neatly organize your essentials. With fresh interior paint, the entire home exudes a clean and contemporary feel. Enjoy the enhancing functionality and style of your kitchen. Experience the perfect blend of comfort and practicality in this exceptional property. Don't miss the opportunity to make this your dream home!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$315
Rental Policy
daily
Yearly Taxes
$812
Bedrooms
1
Bathrooms
1
SQFT
659
Furnished
N/A
Year built
1967
Listing Status
Active
MLS
10002959

Short-term Rental Potential
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$23,040

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$194

Price/SQFT

Long-term Rental Potential
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$14,592

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,216/mo

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