Investment Property at 2314 Wispy Green Ln, Raleigh, NC 27614 - $28,020 Profit
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2314 Wispy Green Ln, Raleigh, NC 27614

$349,000

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $220 per day and long-term for an average of $1,733 per month, based on similar listings in the area. Estimated short-term cap rate of 8.0%. Estimated long-term cap rate of -1.9%. Lives like new - this 1600+ sq ft townhome is located about a mile from walking and biking trails at Falls Lake. Join The Country Club @ Wakefield Plantation to enjoy swimming, golf and so much more. Your New Home features Fresh paint throughout, New LVP flooring in 2025 downstairs (with 25 year warranty). Open foyer leading to Kitchen with breakfast bar, tons of new granite counter space, New custom backsplash, maple cabinets, double oven in the range, New dishwasher and refrigerator (Conveys) and pantry. Dining room has built ins and tons of light. family room with gas fireplace including blower. Crown molding and 9 ft ceilings round out the open and bright space. Upstairs has New Carpet in 2024. Master with trey ceiling, ensuite with New Comfort Height Vanity and waterfall faucets, garden tub (beautiful stained glass insert over tub will stay) and separate shower. 2 guest bedrooms, guest bath and laundry room round out the upstairs (Washer/ Dryer Convey). New ceiling fans, light fixtures and mirrors in most of the house. Enjoy coffee on the back patio. Park in the 1 car garage, driveway or ample guest parking about 4 doors down. HVAC new in 2024. Water heater about 4 years old.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$178
Rental Policy
daily
Yearly Taxes
$2842
Bedrooms
3
Bathrooms
3
SQFT
1,624
Furnished
N/A
Year built
2004
Listing Status
Active
MLS
10083182

Short-term Rental Potential
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$55,284

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$214

Price/SQFT

Long-term Rental Potential
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$20,796

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,733/mo

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