Investment Property at 8617 Canoe Ct, Raleigh, NC 27615 - $-12,180 Profit
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $173 per day and long-term for an average of $2,008 per month, based on similar listings in the area. Estimated short-term cap rate of 0.1%. Estimated long-term cap rate of -2.4%. Welcome to this charming home nestled in a quiet cul-de-sac in one of the area's most sought-after neighborhoods, Durant Trails. This Colonial-style home features 3 spacious bedrooms and 2.5 bathrooms. The bright and airy interior is filled with natural light, especially in the eat-in kitchen, where a beautiful bay window offers a view of the backyard. The kitchen also includes hardwood floors, a pantry and a door to the friend's porch. The large family room has a painted brick fireplace and French doors leading out to the large screened-in porch with skylights. The backyard is fenced-in with thick green grass, a open deck, and even comes with a swing. You'll also find extra storage in the attached storage room and detached shed. Enjoy pool, tennis and easy access greenway trails to the Nature Preserve, as a few of the neighborhood amenities. The home has a newly painted interior and exterior, a conditioned crawlspace and termite bond. This one can't be missed!

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$38
Rental Policy
daily
Yearly Taxes
$3897
Bedrooms
3
Bathrooms
3
SQFT
1,835
Furnished
N/A
Year built
1986
Listing Status
Active
MLS
10081985

Short-term Rental Potential
arrow_drop_up

$36,948

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$272

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$24,096

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,008/mo

Rent