Investment Property at 1721 Kingston Heath Way, Raleigh, NC 27604 - $10,116 Profit
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1721 Kingston Heath Way, Raleigh, NC 27604

$305,000

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $161 per day and long-term for an average of $2,031 per month, based on similar listings in the area. Estimated short-term cap rate of 3.3%. Estimated long-term cap rate of 0.5%. Welcome to this beautifully maintained 3-bedroom, 2-bath home, offering 1,476 sq. ft. of comfortable living space in one of the area's most sought-after neighborhoods. Nestled in a serene and well-kept golf community, this home is perfect for those who appreciate both relaxation and recreation. The neighborhood offers 2 pools, a very spacious and nice gym, an indoor basketball court, free fitness and dance classes, a tennis and pickleball court and free golf all year round! Step inside to discover a gorgeous home with abundant natural light, perfect for entertaining or cozy nights in. The spacious kitchen boasts modern appliances and ample counter space making meal prep a breeze. The primary suite offers a peaceful retreat with an en-suite bath, while two additional bedrooms provide flexibility for guests, a home office, or a hobby room. Outside, enjoy a well-manicured yard and a charming patio, ideal for morning coffee or evening unwinding. Best of all, this neighborhood is a golfer's dream—offering access to a pristine golf course just moments from your door. Whether you're an avid player or simply enjoy the lush views, this community is sure to impress. Don't miss out on this gem—schedule a showing today and experience the lifestyle you've been looking for!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$65
Rental Policy
daily
Yearly Taxes
$2504
Bedrooms
3
Bathrooms
2
SQFT
1,476
Furnished
N/A
Year built
1990
Listing Status
Active
MLS
10076955

Short-term Rental Potential
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$32,880

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$206

Price/SQFT

Long-term Rental Potential
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$24,372

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,031/mo

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