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    Hospitality properties

    24205 Caribbean Ct, Rodanthe, NC 27968

    4,449 SF Built 2004
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8-bedroom, 7.5-bathroom vacation rental in Rodanthe, NC, offers unparalleled luxury and breathtaking ocean and sound views. Situated on a 20,000 sq ft lot, this 4,449 sq ft home boasts a private pool, hot tub, and multiple decks. The property includes a ground-level game room with a pool table and wet bar, a chef's kitchen, and spacious great room. Five master bedrooms provide ample privacy, complemented by three additional bedrooms. Recent updates include exterior painting, siding repairs, two HVAC units, outdoor polywood furniture, luxury vinyl flooring on the third level, and several new mattresses. An elevator ensures easy access to all levels. The home is zoned AE and was built in 2004. This turnkey investment opportunity is priced at $1,459,000 ($327.94/sq ft) and presents a lucrative return in the thriving Outer Banks vacation rental market. The property's prime location within the prestigious Hatteras Island Estates guarantees high occupancy rates and strong rental income. This is a rare chance to acquire a meticulously maintained, high-performing vacation rental property.

    Property profile
    Verified
    Property type Hospitality properties
    Year built 2004
    Total area 4,449 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Zoning & alternative use
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