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Sold 13 days ago

$110,000

1 bd 1 ba 600 sqft

27758 Norris, Tippecanoe, OH 44699

Residential Vacation Rental

Current Rent **

N/A

Projected Rent **

$1,600

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Vacation rental or getaway cabin in the woods! Pond access and minutes from lakes

https://www.zillow.com/homedetails/27758-Norris-Rd-Tippecanoe-OH-44699/235588770_zpid/?view=public
Perfect getaway cottage or full-time residence!
Roof/siding/soffit/windows 2019.
Newer deck made with Trex decking.
Three sources of heat; primary source is Radiant Hydronic Floor Heat that heats the whole house independently, secondary whole-house baseboard heat, and nice fireplace wood burning stove insert.
Two tankless hot water heaters (one for radiant hydronic whole-house heated floors and one for house tap water).
New floor heating hot water circulating pump and thermostat 2023.
Kitchen/bath faucets, showerhead, and toilet 2021.
Kitchen/living room/bedroom/screened porch ceiling fans replaced 2021.
Hughes Net satellite internet.
Whole house water filtration system.
Window AC included.
Newer 500 gallon propane tank owned, not rented, and will transfer to new owner.
Access to private HOA 4 acre well-stocked lake.
2-minute drive to Clendening Lake dam and park, 7-minutes to the marina.
Just under one acre of land.
All kitchen appliances and laundry transfer with sale.
Can leave furnished with sale.
Inquiries will be forwarded to Realtor.
Home warranty is being offered by seller.

Location:

27758 Norris, Tippecanoe, OH 44699

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.