Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $200 per day and long-term for an average of $2,758 per month, based on similar listings in the area. Estimated short-term cap rate of 3.8%. Estimated long-term cap rate of 0.9%. Charming & nicely updated townhome in convenient Chapel Hill locale. Hardwoods throughout most of 1st floor. Laminate and LVP flooring upstairs. Spacious family room features wood burning fireplace that has recently been professionally cleaned & new sliding door which leads you to the expansive deck. Separate dining area. Galley style kitchen offers stainless steel appliances (new dishwasher) & sunny breakfast nook. Spacious primary suite includes updated bathroom with new vanity & walk in tile shower. 2 generous sized additional bedrooms upstairs with updated hall bath. New electrical panel. Lovely gated courtyard & covered front porch. And on top of all that the home is equipped with solar panels for lower electric bills. Community pool and tennis/pickleball courts.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $403 |
Rental Policy | daily |
Yearly Taxes | $2911 |
Bedrooms | 3 |
Bathrooms | 3 |
SQFT | 1,684 |
Furnished | N/A |
Year built | 1986 |
Listing Status | Off Market |
MLS | 10084787 |
