🏔️ $323K Revenue + $180K NOI on a $2.65M Luxury Windham STR

💰 Windham, NY • $2.65M • $323,480 2025 Revenue • $179,744 NOI • ~6.8% NOI Yield • 6BR / 4.5BA • 4,730 Sq Ft • Hot Tub + Sauna + Cold Plunge • Built 2024

📩 Interested?

Contact Ashley Trattner for the full P&L, revenue, expense + historical booking details:
📧 [email protected]
📞 845-674-3535

🏔️ $323K Revenue + Nearly $180K NOI

This is one of those STRs where we don't have to speculate much about the economics.

Lux Mansion Windham is a newly built luxury STR minutes from Windham Mountain that generated:

$323,480 Gross Revenue in 2025

$179,744 NOI

At the $2.65M asking price, that's approximately a 12.2% gross revenue-to-price ratio and a 6.8% NOI yield based on the provided 2025 figures.

And 2026 already has $195K+ booked through Q3, with confirmed holiday reservations.

The property is fully furnished, professionally managed and already established across Airbnb, VRBO and direct bookings.

Interested?

Contact Ashley Trattner for Revenue, Expense & Net Income Details:
📧 [email protected] 

 📞 845-674-3535

🏡 The Asset

208 Mill Street, Windham, NY 12496

💰 Price: $2,650,000

💵 2025 Gross Revenue: $323,480

📈 2025 NOI: $179,744

📊 NOI / Price: ~6.8%

🛏️ 6 Bedrooms

🚿 4.5 Bathrooms

📐 4,730 Sq Ft

🌲 2.13 Acres

🏗️ Built 2024

♨️ Outdoor Hot Tub

🧖 Dry Sauna

🧊 Cold Plunge

🔥 Fire Pit

🏔️ Mountain Views

🛋️ Fully Furnished + Turnkey

💰 The Investment Case

The numbers are the story here.

The property generated $323,480 in 2025 gross revenue and $179,744 in reported NOI, while being professionally managed.

Revenue was also diversified across:

78% Airbnb • 16% Direct Bookings • 6% VRBO

That direct-booking component is particularly interesting because the business isn't entirely dependent on a single OTA.

Management through Out of Urban is represented as assumable or transferable, and qualified buyers can access three years of financials, the full P&L, booking calendar and ADR history under NDA.

🧖 Built for the Luxury STR Guest

Lux Mansion isn't relying solely on proximity to skiing.

The property has a hot tub + dry sauna + cold plunge—a strong wellness trio for a luxury mountain rental—plus a fire pit, multiple decks and porches, and mountain views.

Inside, there's a large open-concept great room, chef's kitchen, oversized island, formal dining space and first-floor primary suite.

And with 6 bedrooms across nearly 4,750 square feet, it's designed for the higher-value group stays that can support premium nightly rates.

📊 The Investment Story

💰 $2.65M Purchase Price

💵 $323,480 2025 Gross Revenue

📈 $179,744 2025 NOI

📊 ~6.8% NOI / Purchase Price

🏔️ Minutes From Windham Mountain

🧖 Hot Tub + Sauna + Cold Plunge

🏗️ Newly Built in 2024

🛋️ Fully Furnished + Professionally Managed

🌲 Optional Additional Adjacent Acreage

The thesis: buy a recently built, professionally operated luxury Catskills STR with documented $323K+ revenue and nearly $180K NOI—without having to build the rental operation from scratch.

💸 Financing

For a $2.65M STR producing documented revenue and NOI, it may be worth exploring lenders that understand high-performing vacation rentals and investment-property income.

👉 Explore STR Financing Options Here

Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.

👉 Get Matched With an STR Lender Here

🎯 Why This One Stands Out

💵 $323K+ Proven Revenue

Real 2025 operating performance—not a projection.

📈 Nearly $180K NOI

Reported $179,744 NOI provides a much clearer picture of the underlying economics than gross revenue alone.

🧖 Luxury Wellness Amenities

Hot tub + sauna + cold plunge give the property a strong year-round amenity package.

🏔️ Windham Location

Minutes from Windham Mountain, with skiing plus year-round Catskills demand from hiking, biking, weddings and fall foliage.

🏗️ Built in 2024

A newer luxury property with an established rental operation already in place.

⚡ Bottom Line

$2.65M. $323K Revenue. ~$180K NOI. Hot Tub. Sauna. Cold Plunge.

This is a different proposition from buying a luxury mountain house and hoping you can turn it into a high-performing STR.

Lux Mansion Windham is already doing it.

With $323,480 in 2025 revenue, $179,744 in reported NOI, $195K+ already booked through Q3 2026 and professional management in place, you're buying an established luxury STR business along with the real estate.

📩 Interested in This Property?

Contact Ashley Trattner for the Full P&L, Revenue, Expense + Net Income Details

📧 [email protected]
📞 845-674-3535