Off-Market Property at 1316 Fairview Ln, Salisbury, MD 21801
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $227 per day and long-term for an average of $2,200 per month, based on similar listings in the area. Estimated short-term cap rate of 3.9%. Estimated long-term cap rate of -0.1%. Discover 1316 Fairview Lane, a new home currently under construction in Heritage Trace featuring a spacious backyard in the heart of Salisbury, MD. The Essex is a cozy two-story home with three spacious bedrooms, two-and-a-half bathrooms, and a one-car garage. This 1,333 square foot inviting home gives you the features that you need and the space that you desire. As you enter from the front porch, the foyer leads you to the sizeable family room with an abundance of natural light. The open-concept floorplan allows the family room to flow easily into the eat-in kitchen. The functional kitchen features an L-shaped counter with granite countertops, stainless steel appliances and a pantry along with a sliding glass door for easy access to the backyard. The convenient powder room is located near the one-car garage and coat closet. Upstairs, the owner's suite is a quiet retreat featuring a walk-in closet and a private, full bath with a walk-in shower. Continuing down the hallway, the two additional well-sized bedrooms, each with plenty of closet space, a hall bathroom, and a linen closet are all located upstairs. The convenient upstairs laundry closet is also upstairs. The home includes white window treatments and the innovative America’s Smart-Home® package that will give you complete peace of mind. Pictures, artist renderings, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Image representative of plan only and may vary as built. Images are of model home and include custom design features that may not be available in other homes. Furnishings and decorative items not included with home purchase.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$6355
Bedrooms
3
Bathrooms
3
SQFT
1,333
Furnished
N/A
Year built
2025
Listing Status
Off Market
MLS
MDWC2016752

Short-term Rental Potential
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$39,276

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$239

Price/SQFT

Long-term Rental Potential
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$26,400

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,200/mo

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