šŸ  13 best short term rental opportunities | September 5, 2024

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This $439k four bedroom turnkey fully furnished east coast STR is close to lakes, beaches, tennis courts and playgrounds for your guests.

Itā€™s featured in the full version of todayā€™s newsletter. (Pro)

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Discover a truly remarkable and picturesque 15.49-acre waterfront farm nestled on a serene peninsula along Saint Jeromeā€™s Creek.  Boasting approximately 1,345 feet of pristine water frontage, this unique property offers a private dock and boatlift, along with a rare, irreplaceable concrete boat rampā€”a feature you could never replicate today due to current regulations. The main house features three spacious bedrooms, full kitchen, family room, butlers pantry and three full baths while the in-law suite above the attached two-car garage adds two more bedrooms, a family room, full kitchen and full bath making it a total of five bedrooms and four full baths. Perfect for extended family or guests. This property is not only a personal retreat but also an income-generating vacation rental, offering the opportunity to earn income while you are not there to enjoy it yourself.  Actively being farmed, it presents an array of outdoor activities, including fishing, lounging by the fire pit on the beach, or taking a dip in the in-ground concrete pool. The expansive front and rear decks provide the perfect spaces to soak in the breathtaking views. In addition to the attached garage, there is also a detached garage with ample storage above, ensuring you have all the space you need for your equipment and toys. This one-of-a-kind waterfront farm offers a unique blend of tranquility, recreation, and income potential, making it a rare find that you wonā€™t want to miss.

  • $1,300,000

  • 5 Bedrooms, 4 Bathrooms

  • Average Daily Rate: $506

  • Expected occupancy rate: 70%

  • Monthly expected income: $10,774

  • Monthly expected expenses: $9,124

  • Monthly expected cash flow: $1,650

  • Expected cash on cash return: 6.0%

Amid the verdant expanse of the Western Catskills, near the Delaware River, lies the serene haven of Casa Cochecton. Just two hours from the GWB in NYC, this enchanting retreat promises a harmonious blend of natural beauty and thoughtful design, inviting you to escape the clamor of city life and unwind in rural bliss.     Entering through a generous mudroom you are at once welcomed to the country.  Step into the sprawling living room with vaulted ceilings, where light cascades through expansive windows, filling the space with a serene, welcoming glow. A formal dining area adorned with a striking  midcentury chandelier is just beyond and serves as a central gathering area for the home. Off the dining area, the country kitchen is a testament to timeless charm, featuring classic shaker cabinets, subway-tiled walls, and a bead board ceiling. An apron front sink and a generous walk-in pantry closet offer both practicality and elegance, making this kitchen a delightful space in which to create.    Two tranquil bedrooms, designed to foster rest and relaxation, are also accessed from this central space, one with ensuite bath. The meticulously renovated bathrooms offer modern comforts while retaining the home's rustic charm. Each space is crafted to soothe and rejuvenate, blending style with serenity. The second full bath sits adjacent to the kitchen and is overflowing with charm from the hand painted hardwood floors to the handmade tile and brass fixtures. Beyond the kitchen, the sunroom lounge that transforms into a cozy sleeping area at night, is perfect for morning coffee or an evening aperitif, encouraging you to unwind while gazing out over the expansive yard and surrounding forests. This massive bonus space enchants with warm wood paneling and endless windows and presents boundless opportunities for future uses - a new primary suite, gracious guest space, inspiring work from home office or art studio perhaps? Here, nature's visitors frequently grace your view, enhancing the sense of peace and connection to the land. Outside, an expansive back deck beckons for outdoor dining, entertaining, or simply soaking in the tranquil ambiance. Whether enjoying your morning tea or a starlit evening, this space deepens your connection to nature's beauty.    Conveniently located within minutes of charming towns like Bethel, Narrowsburg and Callicoon, this home provides easy access to a variety of restaurants, shops, breweries and distilleries. Explore the historic Bethel Woods, site of the legendary 1969 Woodstock Festival, or indulge in the myriad outdoor activities the Western Catskills and nearby Poconos offer. Casa Cochecton embodies the wabi-sabi philosophy, inviting you to forsake the artificial pursuit of perfection and embrace the authentic beauty of imperfection. It is a place to truly unwind, surrounded by the natural elegance of the Western Catskills. With a highly successful history as a vacation rental property, Casa Cochecton is an ideal getaway that offers excellent income potential that can substantially offset any carrying costs. Some furnishings available for purchase.

  • $595,000

  • 2 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $345

  • Expected occupancy rate: 56%

  • Monthly expected income: $5,808

  • Monthly expected expenses: $4,590

  • Monthly expected cash flow: $1,218

  • Expected cash on cash return: 9.8%

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