Investment Property at 40 Jenkins St, Providence, RI 02906 - $19,692 Profit
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $261 per day and long-term for an average of $4,783 per month, based on similar listings in the area. Estimated short-term cap rate of 3.5%. Estimated long-term cap rate of 2.5%. This newly renovated single-family home in Providence, RI, offers over 1,500 square feet of stylish living space. Featuring 3 spacious bedrooms and 2 full baths, the home is perfect for modern living. Large windows throughout fill the home with natural light, creating a bright and airy atmosphere. The updated kitchen and bathrooms reflect the latest design trends, offering both convenience and comfort. A paved driveway provides off-street parking, adding to the home's practicality. Located in a prime area, the property is just minutes from major highways, making commuting a breeze, and is close to all local amenities including shops, restaurants, and schools. This home combines quality, location, and functionality, offering everything you need for comfortable living.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7889
Bedrooms
3
Bathrooms
2
SQFT
1,750
Furnished
N/A
Year built
1900
Listing Status
Active
MLS
1375640

Short-term Rental Potential
arrow_drop_up

$63,336

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$320

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$57,396

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$4,783/mo

Rent