Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $187 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 0.7%. Estimated long-term cap rate of -1.4%. Exceptional investment opportunity, ideal for either long term or short term rentals. Current income is $3,450 per month - the return will immediately generate above 7% cap rate for the buyer. The roof on the primary home was replaced in 2018. The separate garage offers additional space and possibilities allowing for increased revenue. A spacious garden separates the two structures. The property is already tenant occupied until February of 2025.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6923 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 841 |
Furnished | unknown |
Year built | 1926 |
Listing Status | Off Market |
MLS | RX-10973383 |
