🏛️ $200K+ Revenue on a $1M Hudson Valley Estate
💰 20%+ gross rental yield + 6 bedrooms, 7 baths, nearly 6,700 sq ft and a private pool—all in a one-of-a-kind historic estate.
Alex Veytsman
August 27, 2026
🏛️ $200K+ Revenue on a $1M Hudson Valley Estate — With 6 Bedrooms, 7 Baths & a Pool
🌳 Cornwall, NY • $999,999 • $200K+ Annual Revenue • ~20%+ Gross Rental Yield • 6 Bedrooms • 6,680 Sq Ft • In-Ground Pool • Proven STR
📩 Interested?
🏛️ A Nearly 7,000 Sq Ft Historic Estate Grossing $200K+
This one jumped out at us for a pretty simple reason:
$200,000+ in Revenue Last Year on a $999,999 Asking Price
That's a 20%+ gross revenue-to-purchase-price ratio on a property that is anything but a cookie-cutter vacation rental.
Located in Cornwall, New York, this 1910 Colonial offers 6 bedrooms, 7 bathrooms and 6,680 square feet, plus an in-ground pool, landscaped grounds, ornate fireplaces and the kind of historic character that's difficult to replicate.
Most importantly for an investor, it isn't merely a beautiful old estate that might work as an STR.
It already has.
🏡 The Asset
5 Trinity Place, Cornwall, NY 12518
💰 Price: $999,999
💵 Last Year's Revenue: $200,000+
📊 Gross Revenue / Price: 20%+
📈 Price / Revenue: Under 5x
🛏️ 6 Bedrooms
🚿 7 Bathrooms
📐 6,680 Sq Ft
🏊 In-Ground Pool
🔥 Multiple Ornate Fireplaces
🍸 Vintage Basement Bar
🌳 Landscaped Grounds
🏛️ Built in 1910
🔑 Proven STR History
At essentially $1 million, you're acquiring nearly 6,700 square feet and more than $200K of reported annual revenue.
That's what gets our attention.
💰 The Revenue-to-Price Ratio Is the Headline
The property reportedly generated:
More Than $200,000 in Revenue Last Year
Against a $999,999 asking price, you're looking at:
20%+ Gross Revenue / Purchase Price
And:
Under 5x Annual Gross Revenue
That's an unusually compelling top-line ratio.
Of course, 20% gross yield is not a 20% cap rate. A buyer still needs to dig into property taxes, insurance, management, utilities, pool expenses, maintenance, repairs, platform fees and the additional operating costs that can come with a century-old, 6,680-square-foot property.
But there's a major difference between projecting $200K on a spreadsheet and buying a property that has already reportedly crossed that threshold.
🏛️ This Isn't Your Typical STR
One of the things we like here is that the property itself becomes part of the experience.
Built in 1910, the Colonial retains many of the architectural details that make historic homes memorable:
✨ High ceilings
🪵 Hardwood floors
🔥 Ornate fireplaces
🏛️ Period architectural details
🍸 Vintage basement bar
🌳 Landscaped grounds
🏊 Large in-ground pool area
For STRs targeting families and groups, that matters.
Guests aren't simply renting six bedrooms—they're renting the experience of staying together in a historic Hudson Valley estate.
👥 6 Bedrooms + 7 Bathrooms + 6,680 Sq Ft
The sheer scale is another differentiator.
At:
6 Bedrooms | 7 Bathrooms | 6,680 Sq Ft
there's plenty of room for larger groups to gather without feeling like everyone has been squeezed into a house designed for half as many people.
And having seven bathrooms for six bedrooms is particularly attractive for a group-oriented vacation rental.
That combination of bedroom count, bathroom count and common space helps support the type of larger-group stays that can command meaningful booking values.
🏊 The Pool Adds Another Major Guest Amenity
Outside, the property features a landscaped backyard centered around a:
Private In-Ground Pool
For family trips, group getaways and summer stays, that's a meaningful addition to the guest experience.
Combine the pool with the property's historic architecture, fireplaces, basement bar and sheer size, and there's already a substantial amenity package without needing to completely reinvent the asset.
📊 The Investment Story
Here's the quick version:
💰 Asking Price: $999,999
💵 Last Year's Revenue: $200K+
📊 Gross Revenue / Price: 20%+
📈 Price / Revenue: <5x
🛏️ 6 Bedrooms
🚿 7 Bathrooms
📐 6,680 Sq Ft
🏊 In-Ground Pool
🏛️ Historic 1910 Colonial
🔑 Proven STR
The thesis is pretty straightforward: acquire a distinctive large-group STR with more than $200K of demonstrated annual revenue for essentially $1 million.
💸 Financing & Tax Angle
For buyers interested in acquiring an established STR like this, it may be worth exploring lenders that specifically understand vacation-rental income.
Depending on the borrower and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing.
🧾 Cost Segregation
Qualifying investors may also want to evaluate cost segregation after acquisition.
We partner with Segonomics, the lowest-priced cost segregation partner we've found, and Offer Sheet readers can get a further discount.
Offer Sheet Readers Get 20% Off
Use code:
OS20OFF
Members of Offer Sheet Pro can receive:
50% OFF
with studies as low as $1,749.
Offer Sheet Pro members can reply to the newsletter for the private 50% discount code.
Tax outcomes vary by investor, so buyers should discuss potential benefits with a qualified tax professional.
🏡 Need Help Finding Your Own STR?
We partner with a team that helps investors identify fully underwritten, data-backed STR opportunities based on their budget and investment goals.
They can help with market selection, revenue projections, property recommendations, design, amenity strategy, management, listing optimization and pricing.
They typically require buyers to have around $150K available for the down payment, furnishing, design and revenue-driving amenities.
To date, they've helped investors acquire 375+ properties generating $60M+ in rental revenue, with $25M+ in estimated tax savings.
💰 Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
🎯 Why This One Stands Out
💰 $200K+ of Proven Revenue
The biggest number here: more than $200K in reported revenue last year against a ~$1M asking price.
📊 20%+ Gross Revenue / Price
That puts the acquisition at under 5x reported annual gross revenue.
🏛️ A Truly Differentiated Property
A 1910 Colonial with historic architectural details offers an experience that's difficult for competing rentals to replicate.
👥 Built for Groups
6 bedrooms, 7 bathrooms and nearly 6,700 square feet provide substantial capacity for group stays.
🏊 Private Pool
The landscaped grounds and in-ground pool add another significant reason for guests to choose the property.
⚡ Bottom Line
$999,999. $200K+ Revenue. 6 Bedrooms. 7 Bathrooms. Nearly 6,700 Sq Ft.
The revenue-to-price relationship is the reason we'd dig deeper into this one.
At essentially a $1 million asking price, the property's reported $200,000+ of revenue last year represents a 20%+ gross revenue-to-price ratio—or less than 5x annual gross revenue.
But this isn't just about the numbers.
You're getting a historic 1910 estate with six bedrooms, seven bathrooms, nearly 6,700 square feet, an in-ground pool, landscaped grounds, fireplaces and a vintage basement bar—the kind of distinctive property that can become the destination itself.
For an investor looking for a proven, high-revenue group STR with character that's nearly impossible to manufacture from scratch, 5 Trinity Place deserves a closer look.
