Investment Property at 2813 Hiking Trail Trl, Raleigh, NC 27615 - $-5,568 Profit
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2813 Hiking Trail Trl, Raleigh, NC 27615

$425,000

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $165 per day and long-term for an average of $2,188 per month, based on similar listings in the area. Estimated short-term cap rate of 0.9%. Estimated long-term cap rate of -1.3%. This is a home that checks all the boxes in Durant Trails. Tucked away in North Raleigh's Durant Trails neighborhood, this home offers a thoughtful layout and a welcoming vibe. The main floor primary suite provides the ease of one-level living, complete with an en-suite bath for added comfort. The eat-in kitchen makes cooking meals a breeze, while the dining area flows effortlessly into a two-story family room. This home has the perfect backdrop for everything from lazy Sunday mornings to lively get-togethers. Upstairs, you'll find two additional bedrooms, a guest bath, and a flexible finished space that can handle anything; a small home office, storage, or your next creative project. Outside, the fenced backyard and private patio set the stage for quiet evenings, weekend BBQs, or simply unwinding under the trees. Living here also means enjoying Durant Trails top-notch amenities; a community pool, tennis courts, playground, and easy access to Durant Nature Park, the Neuse River, and the Wake County Greenway system for all your outdoor adventures. Located just minutes from I-540, Lafayette Village, shopping, dining, and everything North Raleigh has to offer will make living here extremely convenient.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$100
Rental Policy
daily
Yearly Taxes
$3482
Bedrooms
3
Bathrooms
3
SQFT
1,870
Furnished
N/A
Year built
1987
Listing Status
Active
MLS
10077900

Short-term Rental Potential
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$35,496

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$227

Price/SQFT

Long-term Rental Potential
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$26,256

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,188/mo

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