Off-Market Property at 6005 Cresthill Dr, Tampa, FL 33615
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6005 Cresthill Dr, Tampa, FL 33615

$399,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $250 per day and long-term for an average of $2,709 per month, based on similar listings in the area. Estimated short-term cap rate of 9.3%. Estimated long-term cap rate of 1.1%. Under contract-accepting backup offers. Solar Panel will be paid off. Electric bill went from $450 to $135. This charming home has been updated with modern amenities while maintaining its original charm. With a brand new electrical panel installed in Sept 2024, water heater from 2016, and roof replaced in Dec 2021, this home is move-in ready. The solar panel installed in 2023 provides energy efficiency and cost savings. Enjoy the added bonus of a chicken coop, perfect for those interested in urban farming. Don’t miss out on the opportunity to make this home yours! This home is conveniently located to shopping, grocery stores and restaurants with easy driving distance to the Veteran's Expressway, Tampa Airport, Citrus and International mall.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2809
Bedrooms
4
Bathrooms
2
SQFT
1,838
Furnished
N/A
Year built
1962
Listing Status
Off Market
MLS
TB8307765

Short-term Rental Potential
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$65,568

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$217

Price/SQFT

Long-term Rental Potential
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$32,508

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,709/mo

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