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Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $127 per day and long-term for an average of $1,882 per month, based on similar listings in the area. Estimated short-term cap rate of 0.6%. Estimated long-term cap rate of -1.7%. This beautiful end unit 2-bedroom townhome in popular Meadowood Crossings has an open floor plan, lovely hardwood floors, a gas logs fireplace, and is filled with natural light. In the kitchen there are plenty of cabinets, stainless appliances, a tile backsplash, and a separate dining area. Upstairs you will find the laundry area, a large master suite featuring a vaulted ceiling, walk-in closet, and a spacious bathroom with a double vanity, garden tub, and stand-up shower, and a second bedroom with a full bath. The rear deck is roomy and perfect for relaxing or entertaining with privacy screening, an awning, and a plumbed-in gas grill. This home is within walking distance to Lake Johnson Park and close to N.C. State and Downtown Raleigh with easy access to all parts of the Triangle. Plus there's a community pool and clubhouse!
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $200 |
Rental Policy | daily |
Yearly Taxes | $3106 |
Bedrooms | 2 |
Bathrooms | 3 |
SQFT | 1,494 |
Furnished | N/A |
Year built | 2004 |
Listing Status | Active |
MLS | 10085174 |