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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $590 per day, based on similar listings in the area. Estimated short-term cap rate of 8.1%. Coastal living in the heart of Pettaquamscutt Lake Shores ~ a short stroll to Narrow River and minutes to Narragansett Town Beach, restaurants and shops. This five bedroom, two bath home has spacious rooms for living on the main level, with vaulted ceilings in the living room, kitchen and dining areas. All the bedrooms are generously scaled with two bedrooms and a shared bath above and three bedrooms and a hall bath below. The lower level has walkout access to a recently built deck that spans the back of the house. Laundry are located in the lower level. Versatile use as a conventional single family, seasonal vacation or investment property. Minutes to Narragansett Town Beach, Narrow River. Ample off street parking.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $3584 |
Bedrooms | 5 |
Bathrooms | 2 |
SQFT | 1,569 |
Furnished | unknown |
Year built | 1999 |
Listing Status | Off Market |
MLS | 1348665 |
