Investment Property at 3130 Rushworth Dr, Raleigh, NC 27609 - $31,464 Profit
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3130 Rushworth Dr, Raleigh, NC 27609

$525,000

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $354 per day and long-term for an average of $3,622 per month, based on similar listings in the area. Estimated short-term cap rate of 6.0%. Estimated long-term cap rate of 0.7%. Stone and brick front townhome welcomes you right in to 9' ceilings & a 1st level bedroom with full bath, including a tile floor, tile shower, & marble vanity. Plus a walk-in closet. You will enjoy the media room, also on the 1st level, which you could use for a family room, exercise room or office. Back to the foyer with hardwoods and up to the bright, open level 2 w/10' ceilings and hardwood floors. The living room features a gas log fireplace and built-ins. Enjoy entertaining in the kitchen with Quartz counters and spacious island with a generous breakfast bar. The dining area completes the living area. There is also a screened in porch off the kitchen for expanded entertainment possibilities or just taking a break to relax. Beautiful oak steps take you up to the 3rd level where you will find the primary bedroom and the guest bedroom, both with lovely baths, granite in the primary and marble in the guest. Laundry room is conveniently on this level as well. Super great Neighborhood. Trader Joes, Wegmans, restaurants, Costco, Downtown, Midtown, North Hills and the Iron Works are just a few of all the wonderful places very close by. Stop by and see if living in the Center of one of the Most Desirable areas in Raleigh is just right for You.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$140
Rental Policy
daily
Yearly Taxes
$4813
Bedrooms
3
Bathrooms
4
SQFT
2,595
Furnished
N/A
Year built
2016
Listing Status
Active
MLS
10065667

Short-term Rental Potential
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$71,484

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$202

Price/SQFT

Long-term Rental Potential
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$43,464

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,622/mo

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