575 Prospect St Methuen, Massachusetts, 01844
4 bed • 4 bath • 10 guests
Est. $3,320/mo
Inquire about this property
Contact Joseph
$692,200
Zestimate
Airbnb Investor Score
$15,841
Annual Profit
9.0%
Cap Rate
9.3%
Cash on Cash
$87,604
Annual Revenue
This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
AirDNA projects $545/night at 60% occupancy ($119,434.78). Airbtics projects $369/night at 65% occupancy ($87,603).
Top 46% of comparables
Top 41% of comparables
Seasonality
Sign up to view the full seasonality chart
40
Airbnb Comparables
Adjust the filters to identify similar listings to yours. Then adjust your annual revenue estimate accordingly.
$90,289
Avg annual revenue
65%
Avg occupancy rate
$369
Avg nightly rate
Any type
House
Apartment
Any min stay
Weekly min
Monthly min
Revenue per year
$35k
$95k
$155k
$220k
Sign up to see the data on 40 all comparables
$15,842
Profit
Revenue
$87,604
Operating Expenses
$25,068
Operating Income
$62,535
Mortgage & Taxes
$46,694
Profit (Cash Flow)
$15,842
$170,206
Cash Investment
Down Payment
$138,440
Renos & Furnishing
$11,000
Closing Costs
$20,766
Total
$170,206
DSCR Ratio
Strong
Get a pre-qualification letter
Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
9.3%
Cap Rate
9.03%
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
$32,853
Deductible property tax
$6,853
Your total deduction
$134,529
Your adjusted annual income
$150,000 - $134,529 = $15,471
Taxes on $15,471 (30%)
$4,641
Your old tax bill
$45,000
Your new tax bill
$4,641
Estimated tax savings
$40,359
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:
0.56 sqft
Year built:
1835
Size:
3,105 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Forced air, Gas
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: -
- Lot size: 0.56 sqft
- Building area: 3,105 sqft
- Garage: No
- Heating: Forced air, gas
- Pool: No
- Fireplaces: -
- Basement: Yes
- Cooling: Wall
- View: -
- Parking: None
- Amenities: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Price per square foot: $222
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: METHM00814B00080L00001
- Flood Zone: No
Tax Info
- Year Assessed: 2024
- Assessed Value: $584,400
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $692,200
Schools
- High School: Methuen High School with 4/10 star rating