Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $553 per day, based on similar listings in the area. Estimated short-term cap rate of 4.8%. Amazing investment opportunity or home for a large family. The present owner lives in the main part of the home which is a three bedroom two bath and in the season can be rented for a minimum of $5,000 per month. The mother-in-law for $3,000 and the detached guest house for $4,000. Giving a total monthly income of a minimum of $12,000 per month. Currently the home has two business licenses and is being run as an air bnb, but would also be perfect as a bed & breakfast. The charming Spanish style welcomes you with beautiful archways as you enter the private courtyard with mosaic tile which is beautifully fenced in. As you enter the main house you are greeted with a formal foyer with gorgeous arched doorways and you instantly notice it's unique character.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $8053 |
Bedrooms | 5 |
Bathrooms | 4 |
SQFT | 3,054 |
Furnished | unknown |
Year built | 1930 |
Listing Status | Off Market |
MLS | RX-10914194 |
