🏠 9 best short term rental opportunities | February 21, 2024

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This $287k fully furnished turnkey 3 bedroom has been gut renovated and is in an STR friendly location. It’s featured in the Pro version of this newsletter. 👇

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Charmingly renovated live-work-play gem blending vintage details with modern comforts in a vibrant Catskills community. This mixed-use property houses a private 1-bed, 1 bath residence with open-concept living, vaulted ceiling with exposed beams, a cleverly designed kitchen with all-new appliances, wood-burning stove, and a glass door to the backyard oasis. There is a queen bedroom, oversized spa-like bathroom, additional loft, and basement storage with washer/dryer hookups. A separate entrance in the front leads to a flexible commercial space featuring soaring ceilings, ample light, half bath, and durable floors throughout. Have a fabulous work from home set-up, open your dream business - or both! Grounds of nearly 1 acre include a rustic barn, sauna, and stream frontage for plunging. Live, work and play in this prime main street location near high-profile boutique hotels, wedding venues, and shops. There are a multitude of possibilities for full-time living, a home or commercial office, retail shop, studio space, gallery, or rental investment. Join the up north movement with this rare opportunity to fulfill your live-work dreams in nature and tranquility just 2 hours from NYC.

  • $475,000

  • 1 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $327

  • Expected occupancy rate: 68%

  • Monthly expected income: $6,763

  • Monthly expected expenses: $3,793

  • Monthly expected cash flow: $2,969

  • Expected cash on cash return: 28.8%

Welcome to this majestic retreat perfectly situated in the enchanting gated community of Tillman Creek. This grand 2+ story residence stands proudly on 3 lush acres, framing a picturesque panorama of the Stuart Mountains. Spanning an impressive 3,232sf (over 4,000sf including the game room conversion), this fully-furnished property boasts 2 identical primary suites on the main floor, 2 more bedrooms, a sleeping loft & 4 bathrooms, blending luxury with the comfort of a well-thought-out residence. The great room features a floor-to-ceiling window wall & fireplace that spills onto the entertainment deck. The garage has been thoughtfully finished & converted to a lively game room. Currently used as a short term rental. It's a must see!

  • $1,399,000

  • 4 Bedrooms, 4 Bathrooms

  • Average Daily Rate: $575

  • Expected occupancy rate: 62%

  • Monthly expected income: $10,843

  • Monthly expected expenses: $8,886

  • Monthly expected cash flow: $1,957

  • Expected cash on cash return: 6.6%

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