Off-Market Property at 3920 N Ridge Ave, Tampa, FL 33603
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3920 N Ridge Ave, Tampa, FL 33603

$499,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $254 per day and long-term for an average of $2,980 per month, based on similar listings in the area. Estimated short-term cap rate of 5.4%. Estimated long-term cap rate of -0.6%. Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Newly remodeled one-story block home in Riverside Heights community. This home has a very open and well-lit floor plan with split bedrooms separating the primary. There is tile planking throughout the living areas and primary bedroom. The kitchen has 42" shaker style upper cabinets, quartz counters, a large island that seats 4 and has extras storage cabinetry, stainless appliances, subway tile backsplash, and a large stainless steel sink. The Primary Bedroom has both a built-in and walk-in closet and large enough to hold king suite furniture. The primary bath has a frameless glass shower. The sliding glass doors from the living room open onto a large open deck to the expansive back yard. The garage is also will-lit and holds the washer/dryer and has a utility sink. Other features include: roof 2023; A/C 2013; craftman style trim molding; laminate flooring in guest bedrooms; Vinyl fence to be added by seller. Minutes from Downtown Tampa, Armature Works, the university of Tampa. Enjoy

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7020
Bedrooms
4
Bathrooms
2
SQFT
1,640
Furnished
N/A
Year built
1997
Listing Status
Off Market
MLS
TB8317431

Short-term Rental Potential
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$65,856

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$304

Price/SQFT

Long-term Rental Potential
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$35,760

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,980/mo

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