Investment Property at 3413 Asgar Ct, Raleigh, NC 27610 - $-1,572 Profit
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Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $192 per day and long-term for an average of $2,173 per month, based on similar listings in the area. Estimated short-term cap rate of 0.6%. Estimated long-term cap rate of -0.4%. Pre-inspected and great for multi-generational housing! Situated on a cul de sac, this home features 4 BR's, 3 full baths, a HUGE bonus room, and a 2-car garage. Garage floor recently painted. New SS appliances (incl refrigerator), new carpet, & a freshly painted interior. Other flooring has been switched out for LVP, only a small area of engineered hardwoods remains in the dining area. Quartz countertops, kitchen cabinets, & most windows replaced in 2023. Master bath has dual vanities, garden tub, separate shower, & walk in closet. Furnace & AC replaced in 2020. Security system prewired with keypad present. Large utility room in lower level and a back deck on upper level with patio below. Broadband access available. Home & HVAC inspection are posted in documents. See agent remarks for more information.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$17
Rental Policy
daily
Yearly Taxes
$2697
Bedrooms
4
Bathrooms
3
SQFT
2,419
Furnished
N/A
Year built
2003
Listing Status
Active
MLS
10083380

Short-term Rental Potential
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$29,868

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$160

Price/SQFT

Long-term Rental Potential
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$26,076

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,173/mo

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