Short-Term Rental Property with Guest
New
For Sale
$1,275,000
2826 Edenborough Road, Johns Island, SC 29455
Wooded short-term rental offering flexible living areas, outdoor gathering space, and separate guest accommodations.
Property Size4,240 SF
Price / SF$300.71
Days on Market4
Property Features for 2826 Edenborough Road
General Information
Standard status
Active
Size
4,240 SF
Property subtype
Commercial
Building Details
Year Built
2018
Buildings
2
Stories
3
Listing Agency:
EXP Realty LLC
Listed By:
Caleb Pearson · License #83101
(843) 619-1504
Source:
Tidelandrealty
Added: Sep 19
Last Checked: Sep 22 at 4:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Investment Insights
Based on property information with market context.
Built in 2018, this 4,240-square-foot short-term rental property combines an open residential layout with separate guest accommodations. The main residence features vaulted ceilings, extensive windows, hardwood flooring, a brick fireplace, and a kitchen with an oversized island, granite counters, stainless steel appliances, and substantial cabinetry. The primary suite includes dual vanities and a freestanding soaking tub.
A detached approximately 900-square-foot FROG provides one bedroom, one full bathroom, and a kitchenette. The property also includes a deep covered front porch, multiple outdoor living areas, broad lawn areas, and mature trees across the wooded setting. Two established short-term rentals are currently associated with the property.
Located at 2826 Edenborough Road in Johns Island, South Carolina, the property offers distinct indoor and outdoor areas within a private residential setting.
A detached approximately 900-square-foot FROG provides one bedroom, one full bathroom, and a kitchenette. The property also includes a deep covered front porch, multiple outdoor living areas, broad lawn areas, and mature trees across the wooded setting. Two established short-term rentals are currently associated with the property.
Located at 2826 Edenborough Road in Johns Island, South Carolina, the property offers distinct indoor and outdoor areas within a private residential setting.
Key Highlights
- 4,240‑square‑foot property built in 2018
- Detached approximately 900‑square‑foot FROG with one bedroom, one full bathroom, and a kitchenette
- Two established short‑term rentals currently associated with the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,205
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$864,100
$864.1K
Cap Rate 7%
$617,214
$617.2K
Cap Rate 9%
$480,056
$480.1K
Market Conditions
NOI Build-Up for 4,240 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$85.5K $20.16/SF
− Vacancy
−$6.9K −$1.63/SF
EGI
$78.6K $18.53/SF
− OpEx
−$35.3K −$8.34/SF
NOI
$43.2K $10.19/SF
Area
Charleston County, SC
Vacancy
8.10%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$864,100
Cap Rate 7%
$617,214
Cap Rate 9%
$480,056
Alternative Uses
Best Use
Apartment 5plus
$617.2K
$540.1K – $720.1K
NOI $43,205 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,739 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 29455, SC
28,344
Population
17,196
Households
1.6
Avg Household Size
46
Median Age
57%
College-Educated
95%
High-School Grad
100.2 sq mi
ZIP Area
283
Density / Sq Mi
$117,422
Median Household Income
$56,126
Median Earnings
$1,489
Median Rent
$499,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Wooded short-term rental offering flexible living areas, outdoor gathering space, and separate guest accommodations.
Where is this short term rental property located?
The property is located at 2826 Edenborough Road Johns Island, SC.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 4,240‑square‑foot property built in 2018; Detached approximately 900‑square‑foot FROG with one bedroom, one full bathroom, and a kitchenette; Two established short‑term rentals currently associated with the property
