Off-Market Property at 1101 Esher Ct, Raleigh, NC 27609
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1101 Esher Ct, Raleigh, NC 27609

$320,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $120 per day and long-term for an average of $1,730 per month, based on similar listings in the area. Estimated short-term cap rate of 1.6%. Estimated long-term cap rate of -1.9%. Tucked away in a charming North Raleigh neighborhood, this 2-bedroom, 2-bathroom end-unit townhome combines comfort, convenience, and style in perfect harmony! Step through the covered front porch and into a luminous living space where cathedral ceilings, fresh paint, new carpet, and the wood-burning fireplace create a warm and welcoming atmosphere. The sunroom, with its view of lush azaleas, serves as the heart of the home— an ideal space for enjoying coffee or unwinding with a good book. The large primary suite showcases two closets, a double vanity, a skylight, and a new walk-in shower. The second bedroom is also quite spacious and has its own bathroom! The home has a whole-house water filtration system, the HVAC system has a dehumidifier and UV light for incredible air quality, and there is a thick vapor barrier in the crawl space. Experience unbeatable convenience, with North Hills and I-440 just 10 minutes away, and Downtown Raleigh only a short 20-minute drive. Cambridge Oaks has abundant large oak trees, for which it is named, but also tall pines, beautiful azaleas in spring, crepe myrtles in summer, and maples in the fall. With shopping, dining, and entertainment just moments away, this townhome is a rare find in an unbeatable location!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$310
Rental Policy
daily
Yearly Taxes
$2673
Bedrooms
2
Bathrooms
2
SQFT
1,262
Furnished
N/A
Year built
1984
Listing Status
Off Market
MLS
10085125

Short-term Rental Potential
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$31,908

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$253

Price/SQFT

Long-term Rental Potential
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$20,760

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,730/mo

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