🏠 14 best short term rental opportunities | February 19, 2024


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This A-frame has been operated as a successful STR and is being sold fully furnished. It’s featured in the Pro version of this newsletter. 👇

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Welcome to your Adirondack paradise on prestigious River Road in Lake Placid, NY! This stunning property boasts a completely remodeled 1 bedroom home with modern amenities, beautiful woodwork, stunning views, and beautiful stone veneer work. Additional recent upgrades include a new roof, a newly drilled well, a brand new septic system designed for multiple buildings. The house has been completely rewired with  200 Amp electric service. A new roof and spray foamed basement add additional peace of mind.

The property is STR permitable.

  • $595,000

  • 1 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $351

  • Expected occupancy rate: 63%

  • Monthly expected income: $6,726

  • Monthly expected expenses: $4,572

  • Monthly expected cash flow: $2,154

  • Expected cash on cash return: 16.0%

Cute as can be, this little gem is nestled on an extra-large West Village lot, just a short walk to restaurants, shops, and the lake! Featuring 3 bedrooms, 1 bath, plus a cozy TV/game room upstairs, this darling classic cabin sleeps 8 and offers lots parking space and level ground for outdoor enjoyment. Other amenities include laundry/mudroom, detached shed, force-air heat, plus all furnishings included.  A very popular Airbnb, this one won't last, so come see!

  • $489,000

  • 3 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $388

  • Expected occupancy rate: 56%

  • Monthly expected income: $6,609

  • Monthly expected expenses: $4,753

  • Monthly expected cash flow: $2,036

  • Expected cash on cash return: 18.1%

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