🏠 10 best short term rental opportunities | October 11, 2024
NY, NC, ME, GA, CT, CO, CA, AL, TN, FL
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This 4 bedroom right by the water up north is $599,000 with an awesome rental history April thru October.
It’s featured, along with 9 other awesome properties in the full version of today’s newsletter. (Pro)
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Move right in for the summer because the work has been done! Lovely cottage on a quiet cove off the Damariscotta River offering 3 bedrooms and 1 bath. Many recent improvements have been done to this cottage including a new kitchen, new bathroom, new flooring, extensive painting on the inside and outside and a new roof. You will spend most of your time on the large screen porch overlooking the water. Cathedral ceilings and skylights. Enjoy sitting in the boathouse on the water and watching the sun rise, the bird life in the protected cove and boating activity. Swim from the ladder on the deck at high tide. Perfect place to kayak or paddle board or cast that fishing rod to catch some dinner and a great place to store the gear! The cottage has a great rental history through Airbnb which is available to a new buyer.
$719,000
3 Bedrooms, 1 Bathrooms
Average Daily Rate: $356
Expected occupancy rate: 61%
Monthly expected income: $6,605
Monthly expected expenses: $5,231
Monthly expected cash flow: $1,375
Expected cash on cash return: 9.1%
Experience incredible mountain living on a half-acre with stunning views. This log-sided, furnished 2,613 sq. ft. home features 3 bedrooms and 3.5 bathrooms, offering both comfort and space. The expansive great room boasts a cozy gas log stove, floor-to-ceiling windows, and access to a wrap-around deck—perfect for BBQs and soaking in the scenery. Enjoy hardwood floors, high ceilings, and an open kitchen equipped with granite countertops, a gas range, and ample storage in oak cabinets. Currently serving as a short-term rental and owner vacation property. New owner would need to reapply to county for a new STR license, they are NOT transferrable. This home comes fully furnished (excluding a few personal items), making it turnkey ready. Located just 18 miles from Wolf Creek Ski Area, with access to the San Juan River, National Forest, and only 10 minutes from town! The property is connected to central water, sewer, natural gas, electric, and high-speed internet. Don’t miss this incredible opportunity for mountain living or an investment property. Seller requests closing in 2025.
$849,000
3 Bedrooms, 4 Bathrooms
Average Daily Rate: $364
Expected occupancy rate: 66%
Monthly expected income: $7,307
Monthly expected expenses: $5,948
Monthly expected cash flow: $1,360
Expected cash on cash return: 7.6%
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