Investment Property at 1536 Maybrook Drive Dr, Raleigh, NC 27610 - $-2,292 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 $124 per day and long-term for an average of $1,781 per month, based on similar listings in the area. Estimated short-term cap rate of 0.0%. Estimated long-term cap rate of -0.7%. Newly Renovated with Lots of Updates! This charming 3 bed/2 bath ranch offers the perfect blend of comfort, convenience, and style. Located just 5 miles from downtown Raleigh, you'll enjoy easy access to the vibrant city life. Whether commuting or exploring the city, you're only 1 mile from 440. Remodeled bathrooms including reglazed tubs, new vanities, fixtures and lighting, freshly painted walls and brand-new carpet give this home a clean, inviting feel, ready for you to move right in and make it your own. The living room is perfect for relaxing or entertaining guests, with plenty of space for your personal touch. You can access your spacious backyard, offering plenty of room for outdoor activities or simply unwinding after a long day.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$13
Rental Policy
daily
Yearly Taxes
$2767
Bedrooms
3
Bathrooms
2
SQFT
1,398
Furnished
N/A
Year built
1985
Listing Status
Active
MLS
10071367

Short-term Rental Potential
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$23,664

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$232

Price/SQFT

Long-term Rental Potential
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$21,372

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,781/mo

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