Investment Property at 5918 Giddings St, Raleigh, NC 27616 - $40,548 Profit
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $224 per day and long-term for an average of $2,077 per month, based on similar listings in the area. Estimated short-term cap rate of 10.2%. Estimated long-term cap rate of -1.6%. Welcome to your dream townhome, blending modern luxury and convenience in a vibrant community setting. This stunning 3-bedroom, 3.5-bathroom residence offers an ideal layout for both comfortable living and entertaining. The lower level offers a bonus/flex space and full bathroom, ideal for a home office, playroom, or guest suite. On the main level, you'll be greeted by a spacious open-concept living area featuring a cozy fireplace and a gourmet kitchen equipped with sleek stainless steel appliances, perfect for culinary enthusiasts. Walk out onto a private second-story terrace, where you can unwind and enjoy the tranquil surroundings. Upstairs, the expansive master suite boasts a luxurious en-suite bathroom and walk-in closet. Two additional bedrooms and another full bath provide ample space for family or guests. The two-car garage offers convenience and additional storage options. Situated in a thriving community, you'll have access to top-notch amenities, including a sparkling pool, beautifully maintained parks and trails, a community garden, and a clubhouse with a fitness center. Enjoy the added benefit of having food, beverage, and retail options right at your doorstep, making this location truly unbeatable.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$214
Rental Policy
daily
Yearly Taxes
$3224
Bedrooms
3
Bathrooms
4
SQFT
2,222
Furnished
N/A
Year built
2019
Listing Status
Active
MLS
10086540

Short-term Rental Potential
arrow_drop_up

$71,820

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$179

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$24,924

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,077/mo

Rent