Investment Property at 1016 N Bend Dr, Raleigh, NC 27609 - $5,856 Profit
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1016 N Bend Dr, Raleigh, NC 27609

$348,800

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Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609
Image of property at 1016 N Bend Dr, Raleigh, NC 27609

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $139 per day and long-term for an average of $2,129 per month, based on similar listings in the area. Estimated short-term cap rate of 1.7%. Estimated long-term cap rate of -0.8%. Stunning 3 bed Townhome with upgrades galore. Features a custom kitchen with shaker cabinets, tile backsplash and stainless steel appliances including a wine fridge! Tile flooring throughout first floor; PLUSH carpet and new interior paint! Stunning Primary includes walk-in tile shower. Private back patio. Convenient to North Hills shopping and restaurants and highways. Move in and Enjoy! Staged photos for illustration only, to show homes potential.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
 $271
Rental Policy
 daily
Yearly Taxes
 $2662
Bedrooms
 3
Bathrooms
 3
SQFT
 1,501
Furnished
 N/A
Year built
 1974
Listing Status
 Active
MLS
 10082179
Short-term Rental Potential
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$34,044

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$232

Price/SQFT
Long-term Rental Potential
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$25,548

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,129/mo

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