Investment Property at 5205 Rembert Dr, Raleigh, NC 27612 - $-10,296 Profit
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Description

Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $184 per day and long-term for an average of $2,882 per month, based on similar listings in the area. Estimated short-term cap rate of -1.6%. Estimated long-term cap rate of -1.6%. Welcome to one-level living at its finest! This delightful 3-bedroom home is filled with natural sunlight & boasts hardwood floors throughout the main level. The two remodeled bathrooms (2018), new roof & gutters (2019), replaced windows throughout (2014), and a new boiler (2019), make this home both stylish and efficient. Finished daylight walk-out basement is a cozy retreat with a fireplace, rec room, full bath, and ample storage space. Step outside to your expansive outdoor patio area, complete with a firepit, grilling area, and seating space—perfect for entertaining. The spacious fenced backyard, set on a sprawling half-acre lot, features a storage shed and plenty of room to relish the outdoors. Enjoy the convenience of an attached, covered two-car carport, providing protection from the elements and easy access to your home. Outdoor enthusiasts will love being close to the Crabtree Creek Greenway Trail, with easy access to William B. Umstead State Park and Shelley Lake Park. Conveniently located near Crabtree Valley Mall and with quick access to I-440, this home offers the perfect blend of tranquility and accessibility. Don't miss your chance to call this Brookhaven gem your new home!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4963
Bedrooms
3
Bathrooms
3
SQFT
2,775
Furnished
N/A
Year built
1963
Listing Status
Active
MLS
10069143

Short-term Rental Potential
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$34,812

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$225

Price/SQFT

Long-term Rental Potential
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$34,584

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,882/mo

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