23 Parsonage Lot Rd Lebanon, New Jersey, 08833-4612
4 bed β’ 4 bath β’ 1 guests
Est. $5,126/mo

Inquire about this property
Contact Agent
$1,068,700
Zestimate
$91,494
Annual Revenue
BNBCalc predicts this property will get $379 per night with 61% occupancy, putting it in the top 133% revenue percentile compared to similar properties nearby.
Top 31% of comparables
Top 1% of comparables
Seasonality
Sign up to view the full seasonality chart
10
Airbnb Comparables
Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.
$26,858
Avg annual revenue
47%
Avg occupancy rate
$154
Avg nightly rate
Any type
House
Apartment
Any min stay
Weekly min
Monthly min
Revenue per year
$10k
$25k
$40k
$50k
Sign up to see the data on 10 all comparables
-$6,172
Profit
Revenue
$91,494
Operating Expenses
$25,574
Operating Income
$65,919
Mortgage & Taxes
$72,091
Profit (Cash Flow)
-$6,172
$256,801
Cash Investment
Down Payment
$213,740
Renos & Furnishing
$11,000
Closing Costs
$32,061
Total
$256,801
DSCR Ratio
Weak
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-2.4%
Cap Rate
6.16%
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
$50,722
Deductible property tax
$10,580
Your total deduction
$120,230
Your adjusted annual income
$150,000 - $120,230 = $29,770
Taxes on $29,770 (30%)
$8,931
Your old tax bill
$45,000
Your new tax bill
$8,931
Estimated tax savings
$36,069
Maximize the depreciation value on your tax returns. Get $50 off cost segregation reports with code BNBCALC at DIYCostSeg.com
Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
130,724 sqft
Year built:
1979
Size:
4,327 sqft
Type:
SFR
Parking:
1
Heating:
NONE
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: Single Family Residence
- Stories: 2
- Lot size: 130,724 sqft
- Building area: 4,327 sqft
- Garage: No
- Heating: None
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: HL
- Land Use: Residential
- Parcel Number: 24 00027-0000-00021
- Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD
Tax Info
- Year Assessed: 2022
- Assessed Value: $701,400
- County Est. Land Value: $185,000
- Assessed Land Value: $185,000
- County Est. Structure Value: $516,400
Market Estimate: $920,899
Ownership
- Name: Higgins Lawrence
- Owner Occupied: Yes
- Owner Mailing Address: 23 Parsonage Lot Rd, Lebanon, Nj 08833
- Years Owned: 307
- Home Equity: $576,800
- Mortgage Balance Remaining: $293,500
- Financed amount: -
- Owner Type: Individual
- Lien: N/A
- Inherited: N/A
- Foreclosure: No