Fort Lee, New Jersey| Airbnb Market Data & Overview | USA
Fort Lee, New Jersey Airbnb Market Data & Overview USA
Is it profitable to do Airbnb in Fort Lee, New Jersey, USA?
What is the occupancy rate of Airbnb in Fort Lee, New Jersey,
USA?
What is the average daily rate of Airbnb in Fort Lee, New Jersey,
USA?
Fort Lee, New Jersey, USA Airbnb Data
Last updated on: 5th May, 2024
USA / Fort Lee, New Jersey
Investing
in a short-term rental can be highly stable and
profitable. It’s stable because housing has been
one of the most stable asset classes. Also, when
you can’t do an Airbnb anymore, you can still
rent it out to a long-term tenant with a lower
yield. It is highly profitable because the
monthly cash flow from short-term rentals
typically is double the amount of traditional
rentals.
The true profit from home investing comes from
capital appreciation and cash flow from your
rental. Between 1850 and 2015, globally, the
average home value appreciated at
5.5% annually. If your short-term rental
yields 3% of your total initial
investment, your investment’s annual return is
8.5% before taxes are considered.
Without further ado, let’s see if
Fort Lee, New Jersey is good for Airbnb.
Yes, it’s profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
12.4%.
The national median net short-term rental yield is
5.4% in the USA. For more context, a
traditional rental can typically yield 2-4% if
you don’t have to pay a mortgage interest. A typical
1 bedroom listing in Fort Lee, New Jersey is booked for
292 nights a year, with a median
occupancy rate of 80% and an average
daily rate of $122. In Fort Lee, New Jersey, A typical
host income (annual revenue) was
$34,212 in 2023.
Best Areas in
Fort Lee for
Airbnb
Are you wondering where to invest in Fort Lee? Look no
further! Here are 10 areas travelers often search for.
You can find the short-term rental statistics of all of
these neighborhoods from Airbtics! Check out which
neighborhood has the highest rental demand. 🚀
Fort Lee Historic Park
Ross Dock Picnic Area
The Cloisters
Wave Hill
Riverview Park
Palisades Interstate Park
Fort Tryon Park
Little Red Lighthouse
George Washington Bridge
Fort Lee Museum
Okay, you might wonder about more specific data. For
example, how much can an average listing with 2 bedrooms
and a pool make? Or, what is the seasonality in booking?
When is the peak month?
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vacation rental data for free.