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Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $172 per day and long-term for an average of $2,338 per month, based on similar listings in the area. Estimated short-term cap rate of -0.7%. Estimated long-term cap rate of -2.5%. This immaculate Craftsman-style home in NE Raleigh combines timeless charm with modern functionality, offering an open and versatile floorplan. The first-floor guest suite/office, complete with access to a full bath, ensures your visitors are comfortably accommodated. Elegant living spaces are enhanced by 9-foot ceilings, lots of light, luxury vinyl plank flooring, and a spacious open layout perfect for both relaxation and entertaining. The kitchen features a bar-height dining counter, granite countertops, warm maple cabinetry, a striking marble tile backsplash, and a cozy breakfast nook. The separate dining room provides an ideal space for more formal gatherings or can easily serve as additional living space to suit your needs. Upstairs, a bright and airy loft provides a flexible space for any number of uses, from a casual lounge area to a home office or playroom. The generous primary bedroom (12x17) boasts a tray ceiling, while the owner's bath offers a luxurious garden tub, separate shower, tile floors, and a spacious walk-in closet. Relax and unwind on the inviting front porch, perfect for chatting with neighbors, or enjoy peaceful evenings on the screened-in porch overlooking the fenced backyard. With thoughtful updates like a new gas water heater (2023), a 22kw whole-home generator, and a sealed crawl space with dehumidifier system, this home offers peace of mind and exceptional value in a highly desirable neighborhood.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $133 |
Rental Policy | daily |
Yearly Taxes | $4830 |
Bedrooms | 4 |
Bathrooms | 3 |
SQFT | 2,696 |
Furnished | N/A |
Year built | 2017 |
Listing Status | Active |
MLS | 10079232 |