Off-Market Property at 3808 N Wyngate Ct, Muncie, IN, 47304

3808 N Wyngate Ct, Muncie, IN, 47304

$324,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $170 per day and long-term for an average of $1,300 per month, based on similar listings in the area. Estimated short-term cap rate of -1.8%. Estimated long-term cap rate of -4.9%. Welcome to Westminster Villas, a distinguished 55+ community. This standalone 2-bed, 2-bath home has a thoughtfully designed split floorplan, ensuring privacy and comfort. The residence features an elegant interior with custom cabinetry, solid-surface countertops, and tray ceilings in various rooms, and crown molding throughout the entire residence creating an atmosphere of sophistication. Enjoy the warmth of the fireplace in the inviting living space with a spacious open floorplan. This home offers multiple options including a formal dining area and eat-in kitchen. Step outside to the extended patio and a privacy backyard, offering an ideal retreat for relaxation. With a 2-year-old roof, two-car garage, plenty of storage, and meticulous attention to detail, this well-kept, one owner home may be just what your looking for.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$10856
Bedrooms
2
Bathrooms
2
SQFT
1,834
Furnished
unknown
Year built
2002
Listing Status
Off Market
MLS
202403282

Short-term Rental Potential
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$25,608

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$177

Price/SQFT

Long-term Rental Potential
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$15,600

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,300/mo

Rent