🏠 11 best short term rental opportunities | April 5, 2024

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Introducing a rare gem steeped in history, this enchanting Kingston residence offers a unique opportunity for the discerning buyer. Proudly standing for over a century and a half, this historic brick home at the foot of the iconic trestle bridge is now awaiting its next chapter.  The two-story main residence boasts a captivating blend of original character and contemporary convenience, featuring two spacious bedrooms, one with a private side porch with panoramic views of the Rondout Creek and a walk-in closet, an unusual perk for a home of this age.   The third-floor unit with independent access is currently set up as a lovely alcove studio apartment and offers the possibility of a successful income-producing property, a private guest space, or a dreamy office. Expand into the spacious attic or reimagine both units into a grand family home—the choice is yours.  Stunning views of the Rondout Creek greet you from almost every vantage point in the home, inviting tranquility and connection with nature. The unique outdoor space surrounded by mature bamboo is a perfect canvas for your own enchanted rock garden retreat or a terraced garden and with a little love can be transformed into a magical place to spend a summer day. The current owners have operated the home as a successful Airbnb and it is being sold fully furnished.  The home is located within walking distance to Rondout's vibrant shopping and dining district. Easy access to the NYS Thruway places NYC just two hours away, while Woodstock, Saugerties, and Rhinebeck are mere minutes from your doorstep. 

  • $499,000

  • 5 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $599

  • Expected occupancy rate: 54%

  • Monthly expected income: $9,839

  • Monthly expected expenses: $4,545

  • Monthly expected cash flow: $5,294

  • Expected cash on cash return: 47.1%

This property is a must-see! Step into this charming 3-bedroom cabin, offering a versatile layout across. The main level offers two cozy bedrooms, the office/bedroom space includes cleverly designed twin bunk beds. while the master loft impresses with brand-new built-in cabinets with an overflow of closet space. Each level boasts a full bathroom for convenience: a tub on the main level, a luxurious walk-in shower in the master loft, and another walk-in shower downstairs. The home enjoys a new HVAC system, alongside a suite of updates, including a fully renovated kitchen, additional features include metal and stainless cable railing. A whole-house Generac generator was also added for peace of mind. The cabin features a durable metal roof with shingles, further enhanced by a mold sealant treatment. Outside, the exterior received a facelift, complemented by a double carport with electricity. Storage is ample with sheds, one with electricity behind the house and another in the lower yard. But what truly sets this cabin apart is its enormous outdoor hosting space! Imagine entertaining friends and family in two spacious screened rooms, relaxing in the 7-person hot tub under a grand gazebo, or enjoying the rejuvenating outdoor shower. The outdoor area overlooks the creek with over an acre of flat land, perfect for a family sporting day or to watch the kids play. The stone fireplace beckons cozy gatherings, while the full covered outdoor kitchen will leave you in awe with its refrigerator, built-in ice maker, stove, cooktop, and elegant granite countertops—all set against a backdrop of stunning nature views. Complete with built-in fans for year-round alfresco dining pleasure, this outdoor paradise is the epitome of mountain living. Don't miss out on the chance to experience this incredible retreat, it won't last.

  • $575,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $313

  • Expected occupancy rate: 63%

  • Monthly expected income: $5,998

  • Monthly expected expenses: $4,303

  • Monthly expected cash flow: $1,695

  • Expected cash on cash return: 13.1%

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