Rent report generated Dec 3, 2024
The Rent Potential of
2204 Caretta St Belvedere, SC
is $1,200 – $1,300/mo.
Current Specs
3 Bed / 1 Bath
1,250 sqft
Single-Family
Built in 1959
Rent Comps
$935
$1,250
$2,750
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
3 Listings
3 Bed / 1 Bath
1,007.5 - 1,344 sqft
Within 3.9 mi
Avg. Monthly Rent$1,128
High-end comps
These are the highest-priced comps in the market. They demonstrate the price range for renovated homes with new finishes and modern appliances.
2 Listings
3 Bed / 1 Bath
1,126 - 1,300 sqft
Within 4.7 mi
Avg. Monthly Rent$2,025
Rent Advice
The property at 2204 Caretta St in North Augusta has a rent potential ranging from $1.2K to $1.3K per month. With a list price of $159K, the estimated payback period is appealing given the market conditions. The neighborhood is stable, offering a mix of amenities and proximity to schools, making it attractive to families. The absence of HOA fees, alongside features like a large backyard and a workshop, further enhances its appeal. However, the single bathroom may be a limiting factor for some tenants.
To maximize rental income, consider upgrading the kitchen and bathroom to modern standards. This can attract higher-paying tenants and reduce vacancy rates. If considering a sale, highlighting the property's unique features such as the large lot and workshop, along with its competitive pricing, could attract potential buyers looking for investment opportunities in North Augusta.
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