Investment Condo at 106 Weatherstone Dr, Chapel Hill, NC 27514 - $2,676 Profit
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106 Weatherstone Dr, Chapel Hill, NC 27514

Unit - #B

$269,900

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $121 per day and long-term for an average of $1,605 per month, based on similar listings in the area. Estimated short-term cap rate of 1.0%. Estimated long-term cap rate of -1.1%. Welcome to 106 Weatherstone Drive Unit B, a charming two-story townhouse-style condo nestled in the heart of Chapel Hill, NC. This delightful dwelling boasts two spacious bedrooms and 1.5 bathrooms. Recently updated with a fresh coat of paint and new hardware, this property combines modern aesthetics with a cozy, welcoming atmosphere. The open floor plan offers ample space for entertaining, or simply unwinding after a long day. The kitchen, equipped with all the essentials, is ready for your culinary adventures, while the living area is perfect for movie nights or quiet evenings in. Step outside and you'll find yourself in a vibrant community, conveniently located on a bus line for easy commuting. An array of shopping and dining options are just a stone's throw away, offering a variety of experiences to suit all tastes. This property is more than just a home, it's a lifestyle. It's about the joy of a quiet morning coffee on your own private deck, the convenience of local amenities at your doorstep, and the peace of mind that comes with a well-maintained, move-in ready home. At 106 Weatherstone Drive Unit B, you're not just buying a property, you're investing in a vibrant community and a lifestyle of convenience and comfort. Why wait? Your new home awaits!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$250
Rental Policy
daily
Yearly Taxes
$2114
Bedrooms
2
Bathrooms
2
SQFT
900
Furnished
N/A
Year built
1983
Listing Status
Active
MLS
10081446

Short-term Rental Potential
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$25,020

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$299

Price/SQFT

Long-term Rental Potential
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$19,260

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,605/mo

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