Investment Property at 10836 Connally Ln, Raleigh, NC 27614 - $-10,524 Profit
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10836 Connally Ln, Raleigh, NC 27614

$499,900

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Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614
Image of property at 10836 Connally Ln, Raleigh, NC 27614

Description

Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $158 per day and long-term for an average of $2,100 per month, based on similar listings in the area. Estimated short-term cap rate of -0.2%. Estimated long-term cap rate of -2.1%. BEAUTIFUL FALLS RIVER SUBDIVISION! OFFERING CRAFTSMAN STYLE HOME, NEW ROOF, NEW HOT WATER HEATER, UPDATED HVAC, NEW CARPET, UPDATED LIGHTING, ROCKING CHAIR FRONT PORCH, 3 BEDS, 2 FULL BATHS, HARDWOOD FLOORS, TONS OF NATURAL LIGHT, GAS LOGS, 2'' FAUX PLANTATION BLINDS, WHITE CABINETS, GRANITE COUNTER TOPS, SS APPLIANCES, 1ST FLOOR LAUNDRY CLOSET, LARGE PANTRY, OVER-SIZED MASTER WITH SITTING ROOM, HUGE WALK-IN CLOSET, DOUBLE VANITIES, OVER-SIZED TUB SHOWER COMBO, TONS OF STORAGE, FENCED IN BACK YARD, LARGE PATIO, EXTERIOR STORAGE SHED, 2 CAR GARAGE WITH LIGHTED BUILT-IN WORK BENCH, 2 CAR PARKING PAD, AND MUCH MORE! OPTIONAL GREENWAY CLUB MEMBERSHIP WITH POOLS, TENNIS, AND A CLUBHOUSE. AND PICKLE BALL COURTS COMING SOON, EASY ACCESS TO MULTIPLE RALEIGH GREENWAY ENTRANCES, NEIGHBORHOOD PARKS WITH PLAY EQUIPMENT. MINUTES TO DURANT NATURE PARK, FALLS LAKE REC AREA, AND ANNIE LOUISE WILKERSON NATURE PRESERVE. CLOSE TO MULTIPLE SHOPPING CENTERS. EASY ACCESS TO DOWNTOWN, RDU, RTP, I-540, US-1, AND MORE! MUST SEE!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
 $33
Rental Policy
 daily
Yearly Taxes
 $3411
Bedrooms
 3
Bathrooms
 2
SQFT
 1,560
Furnished
 N/A
Year built
 2001
Listing Status
 Active
MLS
 10085333
Short-term Rental Potential
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$34,716

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$320

Price/SQFT
Long-term Rental Potential
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$25,200

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,100/mo

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