4535 Sugarbend Way, Raleigh, NC 27606

$325,000

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Image of property at 4535 Sugarbend Way, Raleigh, NC 27606

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $137 per day and long-term for an average of $1,870 per month, based on similar listings in the area. Estimated short-term cap rate of 1.6%. Estimated long-term cap rate of -0.7%. Welcome HOME to this beautiful townhouse in the popular Crescent Ridge subdivision. Nestled in West Raleigh, it is conveniently located near Lake Johnson, Crossroads Shopping, NC State, Cary, and downtown Raleigh. As you enter, you will notice the wood-look tile flooring throughout the main level, a formal dining room for entertaining, and a kitchen that opens to the family room with the upgraded stacked stone fireplace with gas logs. Upstairs, you'll find two generously sized bedrooms, each accompanied with its own private full bathroom. The Crescent Ridge community comes with excellent amenities, which include a swimming pool, clubhouse, and a playground. The community also offers hassle-free living with HOA-maintained landscaping and the exterior including roof and siding. The roof of this unit was replaced in 2021. The HVAC was also replaced in 2021. Refrigerator, Washer, and Dryer will all convey. Seller is also offering a $2,000 carpet allowance with an acceptable offer.

Property Information

Airbnb Avg Daily	See Full Details
Occupancy Rate	See Full Details
Monthly HOA	$120
Rental Policy	daily
Yearly Taxes	$2690
Bedrooms	2
Bathrooms	3
SQFT	1,314
Furnished	N/A
Year built	2004
Listing Status	Active
MLS	10059940