Off-Market Condo at 1801 Trailwood Heights Ln, Raleigh, NC 27603

1801 Trailwood Heights Ln, Raleigh, NC 27603

Unit - #201

$230,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $159 per day and long-term for an average of $1,499 per month, based on similar listings in the area. Estimated short-term cap rate of 4.8%. Estimated long-term cap rate of -0.7%. Modern 2-Bed, 2-Bath Condo Near Downtown Raleigh & NC State! Discover this stunning second-story condo, ideally located just minutes from downtown Raleigh and NC State Campus! Recently renovated, this home features fresh interior paint in stylish grey tones and sleek new LVP flooring to match. Perfect for both investors and owner-occupants, this property offers a fantastic opportunity to own in a highly desirable area. Enjoy the convenience of urban living with easy access to dining, shopping, and entertainment, while taking advantage of the tranquil community amenities, including a refreshing swimming pool. Buyers' agents are welcomed—don't miss out on this gem! Schedule your showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$256
Rental Policy
daily
Yearly Taxes
$1889
Bedrooms
2
Bathrooms
2
SQFT
965
Furnished
N/A
Year built
2004
Listing Status
Off Market
MLS
10074692

Short-term Rental Potential
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$30,648

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$238

Price/SQFT

Long-term Rental Potential
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$17,988

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,499/mo

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