Off-Market Property at 1036 Whetstone Ct, Raleigh, NC 27615

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $181 per day and long-term for an average of $1,850 per month, based on similar listings in the area. Estimated short-term cap rate of 2.1%. Estimated long-term cap rate of -2.5%. You're sure to fall in love with this 3 Bedroom 2.5 Bath Two Story in Greystone, where every day is an opportunity to enjoy some of Raleigh's favorite eateries, embrace nature at Greystone Lake or meet up with friends at the neighborhood swim and tennis club. Each is within 1-2 blocks from 1036 Whetstone Court! The first floor's layout includes separate living & dining rooms. The kitchen features recent stainless appliances, a pantry and breakfast room. The family room features a masonry fireplace flanked by floating shelves. French doors lead to the 2024 deck and level, wooded back yard. There's a walk-in laundry room with cabinets! Engineered hardwood floors grace most of the first floor, upstairs hall & the primary bedroom! Don't miss the updated bathrooms and enjoy all the benefits of the large 2 car garage!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$25
Rental Policy
daily
Yearly Taxes
$3796
Bedrooms
3
Bathrooms
3
SQFT
1,895
Furnished
N/A
Year built
1982
Listing Status
Off Market
MLS
10081017

Short-term Rental Potential
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$43,452

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$245

Price/SQFT

Long-term Rental Potential
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$22,200

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,850/mo

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