🏘️ 10 best short term rental opportunities | October 24, 2023

VT, NC, ME, NY, TN, MI, AZ, ME, WI, NC

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This $429k house is featured in today's full newsletter. Upgrade and enjoy!

Magnificent waterfront home on beautiful Lake James voted as one of the cleanest lakes in the US. This home is perfect top to bottom offering year-round lake & mountain views. Step inside the beautiful foyer and fall in love w/ the rustic yet modern decor under the soaring ceilings w/open concept living room, dining, & kitchen. Spacious master on the main w/ fireplace & impressive master bath that includes a free-standing soaker tub. Downstairs find 2 more bedrooms w/ private baths of ample size, another living room w/ fireplace, wet bar w/ fridge, laundry area, & poured patio. Detached garage & partial wrap around porch (lg. sitting area) w/ gorgeous fireplace & prof. landscaping. Will be sold with w/high-end furnishings throughout. If this will be your 2nd home this community allows vacation rentals & this property has a great rental history! The home has its own personal log. aluminum dock w/ platform area, lift, and arm system. Located less than 45 mins from Morganton & Asheville.

  • $1,325,000

  • 3 Bedrooms, 4 Bathrooms

  • Average Daily Rate: $495

  • Expected occupancy rate: 69%

  • Monthly expected income: $10,388

  • Monthly expected expenses: $8,993

  • Monthly expected cash flow: $1,394

  • Expected cash on cash return: 5.0%

This 1800’s post and beam home has been carefully renovated in order to keep the classic charm while updating with modern conveniences. Find timeless craftsmanship, unique storage, and custom cabinetry in the impressive details. Curl up in the warm and cozy spaces found in the sunlit rooms and near the Vermont Casting propane stove. A large tiled mudroom includes clever built-ins to store four seasons of Vermont equipment. The spacious kitchen offers access to a lovely deck overlooking the brook. Entertain in the formal dining room or relax in the large living room/sunroom. A half bath completes the first level. Three bedrooms and full bath are located on the second floor. The basement has a large work shop and ample storage space. In addition, there is a 1-car garage with second level storage. The private hedge-lined yard has a fire pit area and garden space. The land terraces down to the brook and established trail network with 15 acres of land to explore. Located just 4 miles from I-89, this unique property is only 40 min. to Hanover, NH, Woodstock, VT and 30 min. to Montpelier.

  • $499,000

  • 3 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $316

  • Expected occupancy rate: 64%

  • Monthly expected income: $6,151

  • Monthly expected expenses: $4,098

  • Monthly expected cash flow: $2,053

  • Expected cash on cash return: 17.9%

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