10 best Airbnb investment opportunities for the Southeast | November 21, 2022

9335 N Congress St, New Market, VA 22844

This grand home, known as the Driver House and located within the Town of New Market’s Historic District (marker # 11), is just steps from the charming shops & restaurants of downtown New Market. Few structures in the historic district possess this degree of both architectural and historical significance. Gracious rooms spread across 4,268 square feet of finished space retain original trim details and moldings and include six bedrooms (two master suites), three and half baths, dining room, two parlors and an office. Upon entrance, your eyes immediately meet with the majestic oak stairwell and matching trim. Ten foot ceilings reflect the grandeur and openness. Tons of hardwood, original trim, transom windows, fireplace with original mantel and several massive sets of six panel pocket doors between rooms on both floors.

• $519,900

• 6 Bedrooms, 4 Bathrooms

• Average Daily Rate: $703

• Expected occupancy rate: 73%

• Monthly expected income: $14,058

• Monthly expected expenses: $9,531

• Monthly expected cash flow: $4,527

• Expected cash on cash return: 27.93%