Off-Market Property at 5904 River Lake Cir, Raleigh, NC 27604

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $234 per day and long-term for an average of $2,433 per month, based on similar listings in the area. Estimated short-term cap rate of 2.3%. Estimated long-term cap rate of -2.0%. Location, location, location! This is a must-see home with numerous updates and unique features, all completed with high-quality craftsmanship. The exterior boasts durable Hardie Plank siding and elegant brick finishes, complemented by a well-designed driveway leading to a spacious two-car garage. Inside, you'll find a stunning navy blue kitchen with custom cabinetry, a large quartz island, and luxury vinyl plank (LVP) flooring throughout. The bathrooms are beautifully tiled, and the home also features a back porch—perfect for relaxing. it has a bonus room and a flex room. Don't miss this incredible opportunity!

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$26
Rental Policy
daily
Yearly Taxes
$2486
Bedrooms
4
Bathrooms
4
SQFT
2,381
Furnished
N/A
Year built
1993
Listing Status
Off Market
MLS
10078005

Short-term Rental Potential
arrow_drop_up

$54,708

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$251

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$29,196

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,433/mo

Rent