Investment Property at 4508 Brintons Cottage St, Raleigh, NC 27616 - $-13,812 Profit
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Description

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.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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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

Short-term Rental Potential
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$37,824

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$205

Price/SQFT

Long-term Rental Potential
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$28,056

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,338/mo

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