Off-Market Property at 119 Weaver Mine Trl, Chapel Hill, NC 27517

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $288 per day and long-term for an average of $2,250 per month, based on similar listings in the area. Estimated short-term cap rate of -1.4%. Estimated long-term cap rate of -3.9%. One-owner home in the heart of Meadowmont! Stroll to UNC Wellness Center, grocery store, Starbucks, YMCA pool, playgrounds, walking trails, Rashkis Elementary School, and Meadowmont Village with restaurants and shops. The large front porch offers an inviting space to relax and enjoy the surroundings. This gently lived-in home features a spacious kitchen with a wall of storage and countertops that overlook the sunny dining area. The family room is filled with light and includes a gas log fireplace. The 1st floor is complete with a separate laundry/mudroom with a sink and a second refrigerator. Upstairs, you'll find a flex area, ideal for play or entertainment, plus an office space. The primary suite includes two walk-in closets with a separate walk-in shower in the bathroom. The two additional bedrooms share a Jack and Jill bathroom with two sinks and walk in closets. The attached oversized two-car garage is a rare find, providing additional storage and convenience, with access via the alley. The side-fenced yard features a stone patio for entertainment. New Roof in Octubre 2024! Easy access to I-40, UNC, and Duke and is located on the UNC free bus line. Don't miss this unique opportunity in Meadowmont!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$47
Rental Policy
daily
Yearly Taxes
$7983
Bedrooms
3
Bathrooms
3
SQFT
2,019
Furnished
N/A
Year built
2001
Listing Status
Off Market
MLS
10088267

Short-term Rental Potential
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$45,780

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$371

Price/SQFT

Long-term Rental Potential
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$27,000

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,250/mo

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