Investment Property at 2504 Glascock St, Raleigh, NC 27610 - $16,008 Profit
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2504 Glascock St, Raleigh, NC 27610

$374,900

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $174 per day and long-term for an average of $2,025 per month, based on similar listings in the area. Estimated short-term cap rate of 4.3%. Estimated long-term cap rate of -0.8%. Downtown Charmer in Sought after Rollingwood. One level living. Bring your creativity and make this one home. Eat in Kitchen, Spacing living area + sunroom on rear. Nice large bedrooms and 2 FULL baths! rear parking with driveway that goes thru to rear. So many possibilites on this well maintained home. Roof 2016 sunroom added 1999 has sep wall/ac/heat unit.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3214
Bedrooms
3
Bathrooms
2
SQFT
1,180
Furnished
N/A
Year built
1966
Listing Status
Active
MLS
10057806

Short-term Rental Potential
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$43,164

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$317

Price/SQFT

Long-term Rental Potential
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$24,300

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,025/mo

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