Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $224 per day and long-term for an average of $2,775 per month, based on similar listings in the area. Estimated short-term cap rate of 1.5%. Estimated long-term cap rate of -0.5%. Under contract-accepting backup offers. *PRICE TO SELL QUICK* Amazing opportunity to own and live in Ballast Point just minutes away from the beautiful and popular Bayshore Blvd Fitness Trail. Great investment opportunity, with $$$ Million Dollar homes up already on the same street. This oversized lot of 9,840 sqft. (82 x 120) and Home is ready to be renovated, elevate the current structure, or rebuild your dream home in the popular neighborhood of Bayhill Estates. No wholesalers, no assignable contracts, no subject-to. Priced at land value and is perfect for redevelopment or new construction. Property to be sold AS-IS.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $6625 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,053 |
Furnished | N/A |
Year built | 1952 |
Listing Status | Off Market |
MLS | TB8314096 |
