Off-Market Condo at 426 Islington St, Portsmouth, NH 03801
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $481 per day and long-term for an average of $4,198 per month, based on similar listings in the area. Estimated short-term cap rate of -0.8%. Estimated long-term cap rate of -4.8%. Located in prestigious Islington Commons, just 1/3 mile from downtown, this stunning 3 bedroom, 3-bath New England-style SINGLE FAMILY condo offers luxury and convenience. Only four years old, this meticulously designed home features an open-concept living,dining, & kitchen area with Viking appliances, custom cabinetry,& quartz countertops. A modern staircase with a stylish runner leads to the chef’s kitchen and spacious living room, filled with natural light. The oversized bathrooms offer spa-like comfort with radiant heat floors.The primary suite includes a gorgeous bath, & walk-in closet. Additional features include an attached garage, parking for three cars,security system & a home audio system. Enjoy outdoor living on the charming L-shaped porch or private patio. With a prime location, sophisticated details, and modern amenities, this home offers the best of both worlds—single-family living with the benefits of condo ownership, a rare find in a desirable walk-to-town neighborhood.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$448
Rental Policy
daily
Yearly Taxes
$17769
Bedrooms
3
Bathrooms
3
SQFT
2,419
Furnished
N/A
Year built
2019
Listing Status
Off Market
MLS
73349095

Short-term Rental Potential
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$120,276

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$723

Price/SQFT

Long-term Rental Potential
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$50,376

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,198/mo

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