Off-Market Property at 611 NW 38th Ct, Pompano Beach, FL, 33064

611 NW 38th Ct, Pompano Beach, FL, 33064

$499,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $221 per day and long-term for an average of $3,180 per month, based on similar listings in the area. Estimated short-term cap rate of 2.6%. Estimated long-term cap rate of 0.9%. Spacious and beautifully appointed 4 bedroom & 2 bathroom home in the heart of Deerfield Beach. Meticulously maintained and thoughtfully updated. This home boasts, Newer AC 2022, Tile roof 2018, along with new ducts and vents, ensuring both structural integrity and energy efficiency. Updated bathrooms, Electrical panel, and tankless water heater. Large primary with ensuite bathroom includes dual vanity and a stunning granite countertop. The main home features impact windows, providing added security and energy efficiency. A large, enclosed bonus Florida room with sliders leads to the oversized privacy fenced backyard.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1954
Bedrooms
3
Bathrooms
2
SQFT
1,530
Furnished
unknown
Year built
1962
Listing Status
Off Market
MLS
RX-10965905

Short-term Rental Potential
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$46,656

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$326

Price/SQFT

Long-term Rental Potential
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$38,160

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,180/mo

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