Investment Property at 5121 Windmere Chase Dr, Raleigh, NC 27616 - $-15,984 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 $147 per day and long-term for an average of $1,967 per month, based on similar listings in the area. Estimated short-term cap rate of -2.3%. Estimated long-term cap rate of -3.0%. Welcome to 5121 Windmere Chase Drive, nestled in Raleigh's desirable Belmont Community! This attractive 3-bedroom, 2.5-bath home offers 2,294 sq. ft. of thoughtfully designed living space, complete with a 2-car garage. Step inside to beautiful hardwood floors that flow throughout the first floor. The gourmet kitchen is a chef's dream, featuring a huge corner pantry, stylish white cabinetry, granite countertops, a white subway tile backsplash, a spacious center island with a breakfast bar and farmhouse-style sink. Stainless steel appliances, including a gas range, make meal prep effortless! The family room is warm and inviting with a gas log fireplace and recessed lighting, seamlessly connecting to the kitchen and dining area—perfect for entertaining. A private home office, tucked away in the back corner of the first floor, provides a quiet space for work or study. Upstairs, the spacious owner's retreat offers a relaxing escape and is completed by the adjoining bath offering a dual vanity, large walk-in shower, water closet, and an expansive walk-in closet. The second floor also includes two additional bedrooms and a generous loft, ideal for a secondary living area or playroom. Outside, enjoy the paver stone patio with a stone retaining wall and fire pit, all within the privacy of a fully fenced backyard—a perfect setting for gatherings and outdoor relaxation. Plus, this home comes with a 1-year home warranty (up to $500) for added peace of mind! Don't miss the opportunity to make this beautiful home yours—schedule a showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$133
Rental Policy
daily
Yearly Taxes
$4470
Bedrooms
3
Bathrooms
3
SQFT
2,294
Furnished
N/A
Year built
2018
Listing Status
Active
MLS
10081468

Short-term Rental Potential
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$27,636

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$228

Price/SQFT

Long-term Rental Potential
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$23,604

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,967/mo

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