Investment Property at 4209 Pleasant Grove Church Rd, Raleigh, NC 27613 - $-17,100 Profit
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Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $181 per day and long-term for an average of $1,817 per month, based on similar listings in the area. Estimated short-term cap rate of 0.1%. Estimated long-term cap rate of -3.1%. Welcome to this immaculate 3-bedroom, 2.5-bath home, featuring a wealth of updates throughout and nestled on a peaceful .32-acre wooded lot. As you enter, you'll be immediately captivated by the gorgeous LVP flooring that flows seamlessly through the main living areas, adding a touch of modern elegance to the home. The updated chef's kitchen is a true standout, offering white cabinetry, a farmhouse sink, and high-end stainless steel appliances, including a 6-burner gas range and a wine fridge. Whether you're hosting dinner parties or enjoying quiet meals at home, this kitchen is sure to impress. The primary suite, located on the first floor, is a serene retreat with an updated bathroom featuring a walk-in shower, double vanity, and exquisite fixtures that add a touch of luxury. A light-filled 3-season room, complete with skylights and a wall of windows, offers a tranquil space to enjoy nature year-round. Upstairs, you'll find a versatile bonus room, perfect for a home office or playroom, along with two additional well-sized bedrooms. The wooded lot provides privacy and serenity, allowing you to escape into nature right in your own backyard. With its abundant updates, spacious layout, and tranquil surroundings, this home offers a perfect blend of comfort, style, and convenience. Don't miss the opportunity to make this meticulously maintained gem your own

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3786
Bedrooms
3
Bathrooms
2
SQFT
1,767
Furnished
N/A
Year built
1983
Listing Status
Active
MLS
10071532

Short-term Rental Potential
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$39,672

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$311

Price/SQFT

Long-term Rental Potential
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$21,804

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,817/mo

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