🏠 11 best short term rental opportunities | June 27, 2024

NY, GA, ME, NC, VT, ME, NC, GA, NC, CA, TN

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This property is currently in the top 5% of listings on Airbnb in it’s city, and is rated 5 stars. Best part: it’s $399k.

It’s featured in the Pro version of today’s newsletter.

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Hilltop Cottage is a tidy 3 bedroom 2 bathroom home that sits on top of Shandelee Mountain just 5 minutes outside of Livingston Manor, NY. Set back from the road on a level 3 acres, Hilltop Cottage is a great place to sit back and relax with friends around a bonfire while taking in the mountain views.    Inside, the main living space is laid out in an open concept between the living room, kitchen, and dining room. The living room features a cozy wood-burning fireplace and large bay window. In the kitchen, the island range is a place to gather and cook with friends and family. A sliding glass door frames the dining room with mountain views, while also providing access to the deck outside for cookouts and bonfires.     Outside, you'll find a 2 car garage and two small outbuildings to give you plenty of room to store your cars, bikes, kayaks, and lawn and garden tools. There is also a deck and covered outdoor dining area.     The cottage went through extensive renovations between 2019 and 2020, receiving upgrades to the kitchen, bathrooms, siding, roof, and floors. Finally, the interior was freshly painted this year. In short, the house is ready for its next owners to start enjoying the rest of the summer as soon as they close on the property.     Hilltop Cottage has been a successful short-term rental since 2019, and is a guest favorite on airbnb. The space, views, and central location make for an excellent short-term rental property when you are not using the house for your own upstate adventures.     The area has many amenities for dining, shopping, and entertainment. The Arnold House is within walking distance from the property, with its Tavern, greenhouse, and brand new swimming pool(day passes available!). Beyond that, you are a 5 minute drive from drinks and dining at The Walk-In/Stumble Out, gourmet groceries and sandwiches from Main Street Farm, wood fired-pizza at The Katskeller, Sunshine Colony with natural wines and large patio, and barbecue staple The Smoke Joint. For shopping, there are several great shops like Jitterbug Music & Games, designer clothing at Concrete + Water, Old Souls for outdoor gear, and biodynamic wines and spirits at Upstream Wine.

  • $525,000

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $299

  • Expected occupancy rate: 63%

  • Monthly expected income: $5,730

  • Monthly expected expenses: $4,218

  • Monthly expected cash flow: $1,511

  • Expected cash on cash return: 13.9%

COMPLETELY TURNKEY!  Everything stays in this sweet lakefront oasis, furniture, kayaks, decor & more!  ''If you're lucky enough to live on the water, you're lucky enough!''  Beautiful yr round cottage offers 200 ft of main lake frontage w/fabulous swimming and sandy beach area. The location is very desirable, and the property has been renovated just 3 years ago.  Elevated ceiling, exposed beams, all new windows and walk out finished basement. The main floor is one level living with kitchen/dining/living, bedroom and full bath with laundry.  Upstairs has bedroom and loft area with stunning views of the outdoors. Lower level has a bedroom, den and full bath with walkout access to the private back yard. Propane boiler, heat pump and generator keep this property running 365 days a year. Out the sliders to a large deck with patio seating and a BBQ. Come hear the loons call, see the eagles soar and watch the deer roam, literally from your deck.  This home is an active STR with dozens of 5 star reviews! Less than 2 hours to Boston, keep this treasure for yourself or continue for the added income. Nearby clubhouses with pools, tennis and pickleball. This sits on a double lot with room for a garage w/permits. Discover more at our Open Houses on June 29 & June 30 form 11:00a.m. to 2:00 p.m.  This home has been pre inspected.

  • $599,000

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $366

  • Expected occupancy rate: 62%

  • Monthly expected income: $6,902

  • Monthly expected expenses: $4,850

  • Monthly expected cash flow: $2,053

  • Expected cash on cash return: 16.4%

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