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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $636 per day, based on similar listings in the area. Estimated short-term cap rate of 0.1%. Your private oasis awaits in this custom home set on 5.5 acres in Meadow Tree Farm, a private South Kingstown neighborhood just east of URI, close to the beaches/Narragansett, downtown Wakefield and all that South County has to offer! This quality-constructed "Contemporary Cape" offers 4br/3.5 baths including a first-floor primary suite with luxurious updated en suite bathroom with over-sized tile walk-in shower, changing area & walk-in-closet. Also on 1st floor is the great room w/cathedral ceilings and fireplace, separate formal dining room, eat-in-kitchen, 2 additional bedrooms, plus separate full and half baths + laundry. Upstairs offers a beautiful light-filled "solar den" with gas fireplace overlooking the spacious landscaped backyard. Also upstairs you'll find the 4th bedroom, full bathroom and a versatile bonus room. The finished walk-out lower-level offers an additional 1000+sf of light & bright heated/cooled flexible space perfect for rec. room, in-home business, or even in-law potential! BUT WAIT, THERE'S MORE: a heated in-ground pool with new liner and updated heat pump + outdoor shower. DON'T LIKE PAYING BILLS? There's a full PV solar array set on a newer roof! (pays for annual elect. - records available). DON'T LIKE BEING IN THE DARK? There's a 11kw whole-house standby generator! Central A/C, gas heat, 2-car integral garage, and more. Fantastic location & value - shown by appointment only.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $500 |
Rental Policy | daily |
Yearly Taxes | $9315 |
Bedrooms | 4 |
Bathrooms | 4 |
SQFT | 3,674 |
Furnished | unknown |
Year built | 1993 |
Listing Status | Off Market |
MLS | 1355689 |