Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $214 per day and long-term for an average of $2,520 per month, based on similar listings in the area. Estimated short-term cap rate of 5.6%. Estimated long-term cap rate of 2.3%. One-of-a-kind opportunity waterfront Co-op with NO RESTRICTIONS, fully remodeled - Turn Key, 2/1 with a private dock for your boat and a brand new deck in front. New kitchen, New bathrooms, New flooring, New A/C, New water heater, and full access to park your boat or trailer in front of the property as well. Again, no restrictions and a low HOA monthly payment of $300. Preferably CO-OP, CASH ONLY, and Subleasing friendly. The owner will give priority to the buyer who will purchase both properties which will make you 50% owner of the building. 40 years left on the land lease. Call today to schedule a showing!
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $300 |
Rental Policy | daily |
Yearly Taxes | $2733 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 860 |
Furnished | unknown |
Year built | 1963 |
Listing Status | Off Market |
MLS | A11521926 |
