Investment Property at 5 Bart St, Raleigh, NC 27610 - $9,672 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 $316 per day and long-term for an average of $2,358 per month, based on similar listings in the area. Estimated short-term cap rate of 1.5%. Estimated long-term cap rate of -3.0%. Elevate your Downtown Raleigh lifestyle with this sleek 2022-built home that effortlessly blends modern design with the vibrant energy of city living. The first floor floods with natural light, highlighting an open-concept layout that's perfect for hosting game nights or casual gatherings. Whether it's watching the game with friends or cooking up something special in the modern kitchen, the cozy gas fireplace adds a warm touch to every occasion. The covered porch, complete with a second gas fireplace, sets the stage for year-round entertaining, whether you're grilling out or relaxing after a long day. The fenced backyard ensures a private, tranquil escape amidst the buzz of downtown. Upstairs, you'll find four generously sized bedrooms, including one with its own private balcony for those quiet moments of morning coffee or evening reflection. The vaulted primary suite is a true retreat, featuring a luxurious walk-in shower and sleek, contemporary finishes that exude comfort and style. This home is the perfect blend of style and convenience, designed for those who want to experience everything downtown has to offer. Don't miss your chance to make it yours! Schedule your showing today and step into the lifestyle you've been dreaming about!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5949
Bedrooms
4
Bathrooms
3
SQFT
2,029
Furnished
N/A
Year built
2022
Listing Status
Active
MLS
10076995

Short-term Rental Potential
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$58,092

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$327

Price/SQFT

Long-term Rental Potential
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$28,296

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,358/mo

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