Investment Condo at 130 S Estes Dr, Chapel Hill, NC 27514 - $10,248 Profit
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

130 S Estes Dr, Chapel Hill, NC 27514

Unit - #B-11

$150,000

❮ ❯
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514
Image of property at 130 S Estes Dr, Chapel Hill, NC 27514

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 $1,223 per month, based on similar listings in the area. Estimated short-term cap rate of 6.8%. Estimated long-term cap rate of 0.2%. Very quiet second floor 1-bedroom condo unit in serene Camelot Village right beside bustling University Place mall. Kitchen and bath remodeled in 2016; carpet new. Community has tranquil pond, swimming pool and laundry room for all villagers to enjoy. HoA dues cover water & sewer, use of the pool and coin-operated laundry, and flood insurance. Walk to Farmers Market every Tuesday right at the mall, Harris Teeter grocery supermarket, U.S. Postal Office, Community Center Park and Chapel Hill public library. Many doctors offices and restaurants all within walking distance along Estes Drive and Franklin Street. Nature walk trails in the wooded back area of this large neighborhood community. Come see to enjoy all these today!

Property Information
Airbnb Avg Daily
 See Full Details
Occupancy Rate
 See Full Details
Monthly HOA
 $315
Rental Policy
 daily
Yearly Taxes
 $1032
Bedrooms
 1
Bathrooms
 1
SQFT
 668
Furnished
 N/A
Year built
 1967
Listing Status
 Active
MLS
 10056017
Short-term Rental Potential
arrow_drop_up

$24,636

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$224

Price/SQFT
Long-term Rental Potential
arrow_drop_up

$14,676

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$1,223/mo

Rent