Off-Market Property at 609 Rawls Dr, Raleigh, NC 27610
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609 Rawls Dr, Raleigh, NC 27610

$450,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $180 per day and long-term for an average of $2,425 per month, based on similar listings in the area. Estimated short-term cap rate of 0.7%. Estimated long-term cap rate of -0.9%. Welcome to this stunning 4-bedroom, 3-bathroom home, just built in 2022, in the Montage subdivision! Ideally located near WakeMed & I-440 with quick access to downtown Raleigh, this home offers modern design and convenience. The well-designed layout features an inviting open-concept living/dining area plus a gorgeous white kitchen with oversized quartz island, tile backsplash & stainless appliances. A first-floor guest bedroom provides flexibility for visitors or a home office. Upstairs, a spacious loft offers additional living space, ideal for a playroom, media room, or workspace. With contemporary finishes, well-appointed bedrooms, and thoughtful details throughout, this home still feels like new. The large backyard provides plenty of room to run & play! The home is perfect for entertaining and for everyday living. Enjoy its ideal location with nearby parks, shopping, and dining. Don't miss this incredible opportunity to live so close to everything!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$55
Rental Policy
daily
Yearly Taxes
$3758
Bedrooms
4
Bathrooms
3
SQFT
2,197
Furnished
N/A
Year built
2022
Listing Status
Off Market
MLS
10084852

Short-term Rental Potential
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$36,180

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$204

Price/SQFT

Long-term Rental Potential
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$29,100

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,425/mo

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