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

5904 River Lake Cir, Raleigh, NC 27604

$600,000

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Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of property at 5904 River Lake Cir, Raleigh, NC 27604
Image of 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
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Occupancy Rate
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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
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$54,708

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$251

Price/SQFT
Long-term Rental Potential
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$29,196

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,433/mo

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