10 best Airbnb investment opportunities | May 26, 2023

Waterfront 4 bedroom up north, under $800k

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Welcome to this pristine year round custom built Adirondack Retreat. This once in a lifetime opportunity is located near beautiful 3-mile-long motorboat authorized Lincoln Pond. This 3 bed 2 ½ bath home has unmatchable mountain and water views. House boast Adirondack style throughout with the natural wood railings inside and out, granite countertops and Stainless appliances. The finished basement contains a second sitting area, custom bar and weight room along with 1/2 bath. The home is completely move in ready. The septic was just pumped this week & the water test results from the artesian well and survey are available in the docs. The nice long paved driveway leads to the oversized garage with storage loft. Less than an hour to Lake Placid and Lake George.

  • $500,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $299

  • Expected occupancy rate: 67%

  • Monthly expected income: $6,093

  • Monthly expected expenses: $4,477

  • Monthly expected cash flow: $1,616

  • Expected cash on cash return: 14.1%

Come see this beautiful move in ready, 3 bedroom 1.5 bath log home with a slew of updates all set on a private 2.83 acre lot. Enjoy the large eat in kitchen with breakfast bar that was completely remodeled with new cabinets, granite countertops and new stainless steel LG appliances in 2020. The huge living room features a well lit alcove to use as an office, a large fieldstone fireplace to enjoy on snowy winter nights and a wood stove that heats the entire home. You will spend everyday on the covered deck enjoying the beauty of your natural surroundings all while being protected from the weather. Upstairs in the home are 3 bedrooms and a full bathroom. The primary bedroom is huge and has plenty of closet space. The home features a full basement with walkout, there is laundry, mechanicals and plenty of storage space along with a finished room. Outdoors you have an upper and lower driveway each has plenty of room for vehicles, boats and other toys to park. The upper driveway is where the shed is located. A spacious level yard adds to the charm of this rustic home. Recent updates done in 2020 & 2021 include a new oil burner, a new 50 year roof, new front and rear doors, new 6 panel interior solid core doors, new kitchen with granite countertops and stainless steel appliances, new hickory floors on first floor, and new replacement windows throughout the home. There is nothing to do but move in and enjoy!!

  • $299,900

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $244

  • Expected occupancy rate: 60%

  • Monthly expected income: $4,453

  • Monthly expected expenses: $3,294

  • Monthly expected cash flow: $1,159

  • Expected cash on cash return: 15.8%

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