Off-Market Property at 101 Lewis, Greenwich, CT 06830

101 Lewis, Greenwich, CT 06830

$1,649,999

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $266 per day and long-term for an average of $6,950 per month, based on similar listings in the area. Estimated short-term cap rate of -3.4%. Estimated long-term cap rate of -2.5%. Discover sophisticated townhouse living at Meadgate, a 14-unit architectural gem in downtown Greenwich. Enjoy the feeling of a single-family home with condo conveniences in this serene community with gardens over an acre. This elegant three-level residence includes two en-suite bedrooms upstairs with walk-in closets. The main level features a formal dining room, an airy living room with a cozy fireplace, and a patio accessed from the kitchen and dining room. A powder room completes this floor. The lower level includes a spacious room, ideal for a media room, office, gym, private garage, and laundry. Just two blocks from Greenwich Ave's dining and shopping and close to the train, Meadgate is the perfect blend of classic design and urban ease.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$775
Rental Policy
daily
Yearly Taxes
$9488
Bedrooms
2
Bathrooms
3
SQFT
2,292
Furnished
N/A
Year built
1972
Listing Status
Off Market
MLS
24061981

Short-term Rental Potential
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$68,772

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$719

Price/SQFT

Long-term Rental Potential
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$83,400

Revenue
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Profit
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Cap rate
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Cash on Cash
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$6,950/mo

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