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Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $200 per day and long-term for an average of $4,375 per month, based on similar listings in the area. Estimated short-term cap rate of -1.3%. Estimated long-term cap rate of -0.6%. Under contract-accepting backup offers. On one of the highest points in Hyde Park, this high and dry, MOVE IN READY condo has been totally reimagined. The building's late mid-century style is clean and crisp. The first floor open concept is light and airy with nine French door windows, each with automatic blinds. These overlook the unit's private front terrace. A wood burning fireplace can be found in the living room and wide plank wood floors are throughout the entire home. The updated kitchen with new contemporary cabinetry is accented by stainless steel appliances under three years old and also conceals the full size washer/dryer. There is peninsula breakfast bar seating overlooking the living and dining areas. An updated powder room completes this level. An open stairwell with skylight leads to the second floor where two bedrooms both with en-suite baths can be found. The large primary bedroom with seating area, has a walk-in closet. This room has wonderful natural light mimicking the French door windows on the first floor below. Neither bedroom shares a common wall. The unit comes with garage parking for one car. Only a few blocks to Hyde Park Village, Bayshore Boulevard, and the restaurants of Howard Avenue. This unit is walkable to everything Hyde Park/ Soho has to offer. These units are rarely on the market, don’t miss out on your opportunity to own one !!!
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6866 |
Bedrooms | 2 |
Bathrooms | 3 |
SQFT | 1,584 |
Furnished | N/A |
Year built | 1992 |
Listing Status | Off Market |
MLS | TB8309318 |