Off-Market Property at 307 Dartmouth Dr, Lake Worth Beach, FL, 33460

307 Dartmouth Dr, Lake Worth Beach, FL, 33460

$1,925,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $545 per day and long-term for an average of $17,667 per month, based on similar listings in the area. Estimated short-term cap rate of -2.5%. Estimated long-term cap rate of 4.1%. Historic 1926 Mediterranean Revival EstateExperience old world charm with every modern amenity. The upgrades to this stunning home are too many to enumerate here; suffice it to say nothing has been overlooked. Picture yourself entertaining family and friends in this College Park trophy home in your modern, state-of-the-art spacious kitchen; allow your guests to flow effortlessly out to the Chicago brick deck around a saltwater pool and spa. Your new full alfresco kitchen pergola and bar will be sure to impress! The two car garage doubles as a guest cottage with private veranda. Wander the grounds and enjoy the exquisite gardens in the day or night, so tastefully done! This home has more value than any you will find on the market today. Don't walk, RUN to this precious gem!!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$9927
Bedrooms
4
Bathrooms
3
SQFT
2,766
Furnished
unknown
Year built
1926
Listing Status
Off Market
MLS
RX-10968827

Short-term Rental Potential
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$84,972

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$695

Price/SQFT

Long-term Rental Potential
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$212,004

Revenue
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Profit
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Cap rate
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Cash on Cash
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$17,667/mo

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