Off-Market Condo: B at 4715 Edwards Mill Rd, Raleigh, NC 27612
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4715 Edwards Mill Rd, Raleigh, NC 27612

- #B

$249,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $143 per day and long-term for an average of $1,673 per month, based on similar listings in the area. Estimated short-term cap rate of 3.6%. Estimated long-term cap rate of -0.3%. The well maintained condo at 4715 Edwards Mill Road Unit B features a modern and inviting design, ideal for both comfortable living and entertaining. New HVAC(2024). As you enter, you are greeted by an open-concept layout that maximizes the use of space. The living area is spacious, with large windows that allow plenty of natural light. The kitchen boasts appliances (brand new stove and dishwasher), ample cabinet space, and a stylish breakfast bar. Adjacent to the kitchen, the dining area offers a cozy space for meals with family and friends. The bedrooms are well-sized, with generous closet space. The primary suite includes an en-suite bathroom. Designated Parking spot. Community Pool. Convenient to lots of shopping, restaurants, Crabtree Valley Mall, Lenovo sports complex, and more! Quick access to I-40.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$252
Rental Policy
daily
Yearly Taxes
$1929
Bedrooms
2
Bathrooms
2
SQFT
1,215
Furnished
N/A
Year built
1972
Listing Status
Off Market
MLS
10069261

Short-term Rental Potential
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$29,868

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$205

Price/SQFT

Long-term Rental Potential
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$20,076

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,673/mo

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