Off-Market Condo at 1001 Brighthurst Dr, Raleigh, NC 27605
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1001 Brighthurst Dr, Raleigh, NC 27605

Unit - #204

$300,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $131 per day and long-term for an average of $1,890 per month, based on similar listings in the area. Estimated short-term cap rate of 3.0%. Estimated long-term cap rate of -1.0%. Located minutes from Village District, downtown Raleigh and NCSU - you simply cannot beat this neighborhood! This unit gets tons of natural light and offers spacious living and dining spaces. Beautiful wood flooring throughout the home. Newly painted Oct 2024. Water heater 2020. Water included in HOA dues. Community pool.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$298
Rental Policy
daily
Yearly Taxes
$2810
Bedrooms
2
Bathrooms
1
SQFT
881
Furnished
N/A
Year built
1986
Listing Status
Off Market
MLS
10059617

Short-term Rental Potential
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$34,524

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$340

Price/SQFT

Long-term Rental Potential
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$22,680

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,890/mo

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