1503 Niessen Rd Oreland, Pennsylvania, 19075
3 bed • 1.5 bath • 9 guests
Est. $407/mo
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$51,100
Zestimate
Airbnb Investor Score
$39,315
Annual Profit
53.1%
Cap Rate
140.9%
Cash on Cash
$67,497
Annual Revenue
This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $151/night at 88% occupancy.Projected nightly rate is $217/night at 63% occupancy.
Top 8% of comparables
Top 36% of comparables
Seasonality
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$48,431
Avg annual revenue
63%
Avg occupancy rate
$217
Avg nightly rate
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Revenue per year
$15k
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$39,315
Profit
Revenue
$67,497
Operating Expenses
$22,455
Operating Income
$45,042
Mortgage & Taxes
$5,727
Profit (Cash Flow)
$39,315
$27,902
Cash Investment
Down Payment
$16,980
Renos & Furnishing
$8,375
Closing Costs
$2,547
Total
$27,902
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
140.9%
Cap Rate
53.05%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$4,029
Deductible property tax
$841
Your total deduction
-$30,411
Your adjusted annual income
$150,000 - -$30,411 = $180,411
Taxes on $180,411 (30%)
$54,123
Your old tax bill
$45,000
Your new tax bill
$54,123
Estimated tax savings
-$9,123
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
8,125 sqft
Year built:
1940
Size:
1,316 sqft
Type:
SFR
Parking:
-
Heating:
Central
Sold Comparables
| Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|---|
| 46 Hawkswell Cir | 3 | 2 | 2,532 | - | 4,313 | 2015 | $0 | - |
| 48 Hawkswell Cir | 3 | 2 | 2,682 | - | 4,316 | 2015 | $570,000 | - |
| 33 Penn Manor Ct | 3 | 2 | 2,784 | - | 1,650 | 2015 | $685,000 | - |
| 511 Hedgerow Ln | 3 | 1 | 1,267 | - | 14,400 | 1951 | $428,000 | - |
| 221 Allison Rd | 3 | 1 | 1,278 | - | 5,040 | 1947 | $370,000 | - |
| 213 Penn Oak Rd | 3 | 1 | 1,418 | - | 12,300 | 1957 | $515,000 | - |
| 512 Hunters Ln | 3 | 1 | 1,582 | - | 13,280 | 1948 | $419,000 | - |
| 218 Preston Rd | 3 | 2 | 1,672 | - | 16,800 | 1959 | $635,000 | - |
| 610 Pennsylvania Ave | 3 | 2 | 1,820 | - | 9,375 | 1950 | $480,000 | - |
| 307 Tee Rd | 3 | 2 | 2,609 | - | 17,500 | 1955 | $0 | - |
Property Details
- MLS Status: N/A
- Property Use: Single Family Residence
- Stories: -
- Lot size: 8,125 sqft
- Building area: 1,316 sqft
- Garage: No
- Heating: Central
- Pool: No
- Fireplaces: -
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: A
- Land Use: Residential
- Parcel Number: 52-00-12376-00-1
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2023
- Assessed Value: $130,860
- County Est. Land Value: $45,960
- Assessed Land Value: $45,960
- County Est. Structure Value: $84,900
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 10/26/11 | $290,000 | 100% | Hugh Borbidge |
| 07/16/07 | $325,000 | 100% | Matthew B Ellis, Whitney B Ellis |
| 06/05/01 | $149,500 | 100% | Stuart E Kukla, Amanda W Kukla |
Ownership
- Name: Hugh Borbidge
- Owner Occupied: Yes
- Owner Mailing Address: Oreland, PA 19075
- Years Owned: 157
- Home Equity: $301,990
- Mortgage Balance Remaining: $177,010
- Financed amount: 100%
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No