Off-Market Property at 2114 W Allen St, Phoenix, AZ, 85041
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2114 W Allen St, Phoenix, AZ, 85041

$699,500

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $323 per day and long-term for an average of $3,043 per month, based on similar listings in the area. Estimated short-term cap rate of -0.7%. Estimated long-term cap rate of -2.0%. Gorgeous single level home on a huge 13,500 SF lot in gated Silva Estates! Open and spacious floor plan features 4 bedrooms, 3 bathrooms, and 3-car garage. The gourmet kitchen boasts granite counters, tile backsplash, ample cabinetry, huge island w/breakfast bar, and SS appliances w/cooktop gas. Multi-sliding doors connect indoor & outdoor spaces! Main bedroom has a barn door that opens to the ensuite with dual granite sinks & a walk-in closet. Two other bedrooms shared a Jack & Jill bathroom. Discover the large backyard with covered & open patios, natural grass, sport court and sparkling pool with Baja shelf. Community has very nice playground.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$180
Rental Policy
daily
Yearly Taxes
$3828
Bedrooms
4
Bathrooms
3
SQFT
2,878
Furnished
unknown
Year built
2020
Listing Status
Off Market
MLS
6727539

Short-term Rental Potential
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$45,492

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$243

Price/SQFT

Long-term Rental Potential
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$36,516

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,043/mo

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