Off-Market Property at 120 Bryn Mawr Dr, Lake Worth Beach, FL, 33460

120 Bryn Mawr Dr, Lake Worth Beach, FL, 33460

$1,599,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $638 per day and long-term for an average of $4,850 per month, based on similar listings in the area. Estimated short-term cap rate of -0.9%. Estimated long-term cap rate of -3.4%. Welcome to Casa Tranquila in College Park-just south of West Palm Beach. This is a great value in a wonderfully friendly neighborhood. Once you step inside this stunningly renovated, spacious and light filled home, you'll be happily surprised! With three very large bedrooms and a fourth for an office or den, the split floor plan offers privacy for your family and guests. The new saltwater pool and huge backyard add to the indoor/outdoor joy of living in paradise. The outside of the home is virtually painted white for conformity with the home's interior. New electric and plumbing throughout as well as impact glass windows and doors. Garage, outdoor herbal garden and shower. Tin roof, installed in 2007, has a 30 year lifespan. Close to shops & Aioli for lunch. Also offered fully furnished.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$10562
Bedrooms
4
Bathrooms
3
SQFT
2,163
Furnished
unknown
Year built
1957
Listing Status
Off Market
MLS
RX-10979265

Short-term Rental Potential
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$99,036

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$739

Price/SQFT

Long-term Rental Potential
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$58,200

Revenue
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Profit
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Cap rate
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Cash on Cash
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$4,850/mo

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