Investment Condo at 108 Ephesus Church Rd, Chapel Hill, NC 27517 - $5,280 Profit
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

108 Ephesus Church Rd, Chapel Hill, NC 27517

Unit - #510

$250,000

❮ ❯
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517
Image of property at 108 Ephesus Church Rd, Chapel Hill, NC 27517

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $185 per day and long-term for an average of $1,514 per month, based on similar listings in the area. Estimated short-term cap rate of 2.1%. Estimated long-term cap rate of -1.3%. **Stunning Condo in the Blue Hill District** This charming 2-bedroom condo features an open floor plan with beautiful updates throughout. The kitchen boasts granite countertops, a breakfast bar, a matte black tile backsplash, cork flooring, under-cabinet lighting, and a gas range. This unit also includes an in-unit washer and dryer, as well as a gorgeous bath with a tiled floors & tub surround. Both bedrooms come with spacious walk-in closets, and one of them has a wall safe for added security. Step outside to enjoy a private patio that overlooks a wooded buffer. Ample parking is available, and residents have access to a neighborhood pool and garden. Eastgate and Rams Plaza are just moments away, offering a variety of dining, shopping, and entertainment options. Don't miss your chance to see this must-see condo!

Property Information
Airbnb Avg Daily
 See Full Details
Occupancy Rate
 See Full Details
Monthly HOA
 $299
Rental Policy
 daily
Yearly Taxes
 $1836
Bedrooms
 2
Bathrooms
 1
SQFT
 908
Furnished
 N/A
Year built
 1973
Listing Status
 Active
MLS
 10075552
Short-term Rental Potential
arrow_drop_up

$26,664

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

$275

Price/SQFT
Long-term Rental Potential
arrow_drop_up

$18,168

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

$1,514/mo

Rent