10 best Airbnb investment opportunities | July 1, 2022
Three bedroom lakefront in the northeast under $315,000 and a 28.2% cash on cash return.
18 Spring Road, Albany, NH 03818
Have you always wanted a camp on the river? This location is it, you can hear the river in every room. This is a magical location that allows you to slow down and step back in time. A UNIQUE property that comes with a main house built in 1965. The owner opened up the inside to better be able to enjoy the view. Entering in from the front doors, the kitchen, dining and family room greet you, but your eyes go directly to the river. There is a half bath and a wood stove on this level as well. Walk up the stairwell to the loft that is used as the bedroom. Vintage colored glass doors can be closed or leave them open and watch the river. On the lower walk out level you will find a reading nook with daybed, and open bathtub area so you can bathe while enjoying the view. Outside, you will find a sandy beach, custom bath tub that you can fill with hot water just in case you want to bathe outside by the river or perhaps you prefer to be relaxing and cozy by the fire pit. There are two open shed areas, one is currently used for an outside kitchen, great for entertaining all summer long! There is a craftsman style small cottage that was built on the property in 2018 and is super cute. Room with a loft, wood stove and front porch. A carport next to it that is used for parties or relaxing in the summer with a bench swing and hammock and plenty of room for dancing! In the winter it has clearance to store a small camping trailer. This property is truly special and a must see.
$399,900
1 Bedrooms, 2 Bathrooms
Average Daily Rate: $194
Expected occupancy rate: 70%
Monthly expected income: $3,999
Monthly expected expenses: $2,920
Monthly expected cash flow: $1,079
Expected cash on cash return: 12%
7 S Schuyler Lane, Garrison, NY 10524
Quintessential mid century modern home. The spectacular floor plan is unique in a multitude of ways. The walls of glass in every room, cantilevered out overlooking the lake is mesmerizing. The interior walls can be slid open or closed to create a complete loft like feel or private rooms. Designed by renown architect William J. Conklin in his early career. The house has been featured in Architectural Record, the NY Times Magazine and House and Garden Magazine (1959/60). The design of the house was based on the fireman's carry. The main level with walls of glass and sliding partitions. The extra lot provides a level of privacy not typically found on the lake. Ideal weekend get away from NYC or year round serenity.
$636,000
2 Bedrooms, 3 Bathrooms
Average Daily Rate: $275
Expected occupancy rate: 66%
Monthly expected income: $5,362
Monthly expected expenses: $4,407
Monthly expected cash flow: $955
Expected cash on cash return: 6.9%