Off-Market Property at 5111 W Larkspur Dr, Glendale, AZ 85304
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5111 W Larkspur Dr, Glendale, AZ 85304

$409,990

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $221 per day and long-term for an average of $2,254 per month, based on similar listings in the area. Estimated short-term cap rate of 5.7%. Estimated long-term cap rate of -0.1%. Welcome home! This lovely 3-bedroom, 2-bath residence features a 2-car garage, an RV gate, stylish pavers, and a well-maintained lawn. Inside, you'll find a delightful open layout with a soothing palette, blinds, and warm tile flooring. The gourmet kitchen comes with granite counters, grey shaker cabinets with crown moulding, pendant/recessed lighting, and essential built-in appliances for a seamless cooking experience. The cozy main bedroom offers soft carpeting, a quaint sitting room, convenient backyard access, a private bathroom, and a walk-in closet. Unwind outdoors in the backyard, complete with a covered patio, a shed for additional storage, and a refreshing pool for cooling down on hot summer days. Make it yours now!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1359
Bedrooms
3
Bathrooms
2
SQFT
1,538
Furnished
N/A
Year built
1979
Listing Status
Off Market
MLS
6771075

Short-term Rental Potential
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$51,108

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$266

Price/SQFT

Long-term Rental Potential
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$27,048

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,254/mo

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