8304 Circlewood Ct, Raleigh, NC 27615

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $266 per day and long-term for an average of $3,067 per month, based on similar listings in the area. Estimated short-term cap rate of 0.4%. Estimated long-term cap rate of -1.8%. STUNNING home available in Raleigh's sought after Summerfield North neighborhood! Home is within close proximity to countless urban and community amenities. At .38 an acre this home boast a backyard few in North Raleigh can compete with. Approximately 500 additional permitted square feet added in 2020 to the 1st and 2nd story. A multitude of renovations have occurred over the last 5 years ranging from hardwood floors, carpet, HVAC, quartz countertops and vanity, cabinets, stainless appliances, screened in-porch, and a deck all installed in 2020. Backyard 12x12 pristine detached flex space with HVAC and internet is ready for any work or creative endeavor chosen (2021). Sealed crawlspace (2022), fiber cement siding added and painted in 2023. Enjoy outdoor entertaining? Circlewood is an absolute showstopper with a stone fire pit and a patio professionally built in 2022. Short on Vitamin D? With plenty of large windows present there is no shortage of natural light and the high ceilings increase the spacious feel of the home. As the weather warms so does the Real Estate market, now is the time to book a showing!