403 Rabbit Hill Ln Lancaster, Pennsylvania, 17603
4 bed • 3 bath • 12 guests
Est. $1,892/mo
This property is for sale!
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$53,227
Annual Revenue
BNBCalc predicts this property will get $247 per night with 59% occupancy, putting it in the top 47% revenue percentile compared to similar properties nearby.
Top 56% of comparables
Top 48% of comparables
Seasonality
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$53,480
Avg annual revenue
59%
Avg occupancy rate
$246
Avg nightly rate
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Revenue per year
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$6,023
Profit
Revenue
$53,227
Operating Expenses
$20,600
Operating Income
$32,627
Mortgage & Taxes
$26,605
Profit (Cash Flow)
$6,023
$101,462
Cash Investment
Down Payment
$78,880
Renos & Furnishing
$10,750
Closing Costs
$11,832
Total
$101,462
DSCR Ratio
Acceptable
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
5.93%
Cap Rate
8.27%
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
$18,719
Deductible property tax
$3,905
Your total deduction
$34,534
Your adjusted annual income
$150,000 - $34,534 = $115,466
Taxes on $115,466 (30%)
$34,640
Your old tax bill
$45,000
Your new tax bill
$34,640
Estimated tax savings
$10,360
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
16,553 sqft
Year built:
2004
Size:
1,324 sqft
Type:
SFR
Parking:
2
Heating:
Yes
Sold Comparables
| Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
|---|---|---|---|---|---|---|---|---|
| 435 Rabbit Hill Ln | 4 | 2 | 1,656 | - | 3,920 | 2002 | $315,000 | - |
| 41 Fresh Meadow Dr | 3 | 2 | 1,695 | - | 11,326 | 1960 | $325,000 | - |
| 1722 Millersville Pike | 4 | 2 | 2,391 | - | 27,007 | 1949 | $400,000 | - |
| 102 Roselawn Ave | 3 | 1 | 1,194 | - | 4,792 | 1938 | $0 | - |
| 621 Emerald Dr | 2 | 1 | 1,280 | - | 3,049 | 1991 | $250,000 | - |
| 10 Roselawn Ave | 2 | 1 | 670 | - | 6,534 | 1929 | $263,000 | - |
| 1681 Wabank Rd | 3 | 1 | 1,783 | - | 174,240 | 1987 | $0 | - |
| 1719 Crossfield Dr | 4 | 2 | 3,090 | - | 16,553 | 1991 | $0 | - |
| 219 Perthshire Dr | 3 | 2 | 1,536 | - | 3,920 | 2004 | $260,000 | - |
| 304 Charles Rd | 4 | 2 | 1,416 | - | 5,663 | 1950 | $307,000 | - |
Property Details
- MLS Status: Active
- Property Use: Single Family Residence
- Stories: -
- Lot size: 16,553 sqft
- Building area: 1,324 sqft
- Garage: Yes
- Heating: Yes
- Pool: No
- Fireplaces: 1
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 340-30046-0-0000
- Flood Zone: No
Tax Info
- Year Assessed: 2024
- Assessed Value: $212,400
- County Est. Land Value: $41,800
- Assessed Land Value: $41,800
- County Est. Structure Value: $170,600
Market Estimate: -
Sale history
| Date | Sale Price | % Financed | Buyer |
|---|---|---|---|
| 03/30/17 | $245,000 | 96% | Melvin Vassor Jr, Barbara A Vassor |
| 08/28/08 | $244,900 | 90% | Matt Dunlap, Lindsay Dunlap |
| 10/19/07 | $245,000 | 95% | Benjamin M Baker |
Ownership
- Name: Melvin Vassor Jr
- Owner Occupied: Yes
- Owner Mailing Address: 403 Rabbit Hill Ln, Lancaster, PA 17603
- Years Owned: 92
- Home Equity: $154,366
- Mortgage Balance Remaining: $236,634
- Financed amount: 95%
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No