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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.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
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 |