409 Dartmouth Rd, Raleigh, NC 27609

Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $295 per day and long-term for an average of $3,032 per month, based on similar listings in the area. Estimated short-term cap rate of -1.0%. Estimated long-term cap rate of -3.0%. Don't miss this fantastic opportunity to live in one of the most desirable & thriving locations in all of North Raleigh! WALK to everything that North Hills/Midtown has to offer... grocery store (Harris Teeter), tons of restaurants, shops, bars, movie theater, fitness centers bowling/billiards, REI, Total Wine, Quail Ridge Books, Panera, Starbucks, Target + enjoy the Summer Concert Series at Midtown Park Amphitheater and The Exchange @ St. Albans! You're also just a short drive to Trader Joe's, Wegmans, PGA Superstore (indoor golf), breweries, and more! This updated split-level sits on a large (.63 acre) peaceful wooded lot located in one of Raleigh's established neighborhoods within a blend of new multi-million dollar homes going up throughout the area. This is simply an amazing investment! Recent improvements (2020) includes an interior renovation providing for an open floor plan, roof, HVAC, windows, Hardiplank siding, insulation + water heater 2 years prior. On the main level is a gorgeous & spacious kitchen with quartz countertops, stainless appliances, and a large island w/breakfast bar, and on the lower level you'll find a separate family room with a fireplace, office nook & utility/hobby room w/outside entrance. Outside you're treated to a wired shed for workshop activities, a massive newly enhanced deck w/privacy fencing, (perfect for entertaining large gatherings), and a brand new driveway w/parking pad! The garage was once finished living space so this could be easily turned back into that for anyone who desires more living area. This is truly a gem in the best location!