Off-Market Property at 1430 NW 7th St, Pompano Beach, FL, 33060

1430 NW 7th St, Pompano Beach, FL, 33060

$295,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $240 per day and long-term for an average of $2,150 per month, based on similar listings in the area. Estimated short-term cap rate of 5.2%. Estimated long-term cap rate of 1.0%. Great starter home located in Fort Lauderdale. The property offers two bedrooms and one bathroom. Updated kitchen and bathroom. New mini-split which keeps the home extreme cold. Within walking distance to the YMCA and Joseph Carter Park. Less than five miles from Las Olas Beach and Downtown Las Olas . Within close proximity to the airport and major thoroughfares and no association.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4097
Bedrooms
2
Bathrooms
1
SQFT
630
Furnished
unknown
Year built
1984
Listing Status
Off Market
MLS
A11503315

Short-term Rental Potential
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$38,208

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$468

Price/SQFT

Long-term Rental Potential
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$25,800

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,150/mo

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