11 best Airbnb investment opportunities | August 4, 2022
Lakefront northeast 4 bedroom, under $850k and a 12.8% cash on cash return. And a three bedroom on an island, under $500k.
25 Great Circle Dr, Shelter Island, NY 11964
Located on just under an acre within close proximity to Sandy Beach, this meticulously renovated and tastefully decorated California style post and beam modern strikes a distinctive pose. With a semi-circular driveway leading to a carport illuminated with pendant globe lighting, and ample parking beyond. Within, the living room has an entire wall of westerly facing windows, concrete floors, and exposed beams. The adjacent kitchen contains a full suite of high end Viking/SubZero appliances fitted amongst custom cabinetry. A large, bright dining area benefits from views to the pool and garden beyond. Accessed from the open concept living areas are a powder room, laundry room, and the primary bedroom suite. The light filled primary bedroom suite has a separate lounge/work area, large closet space and luxurious marble bathroom with double sinks. Upstairs, an open walkway connects two additional bedrooms each with its own en-suite bathroom. A mezzanine office/lounge area overlooks the lower floor, completing the upper level. Outside, the newly installed gunite pool is heated, and has a spacious entertainment deck area with summer outdoor shower facilities accessed from the pool or primary bedroom. The fully fenced in yard feels private and secluded with potential to expand. This unique island property is truly turnkey and ready for its next owner.
$1,900,000
3 Bedrooms, 4 Bathrooms
Average Daily Rate: $713
Expected occupancy rate: 55%
Monthly expected income: $11,562
Monthly expected expenses: $9,819
Monthly expected cash flow: $1,743
Expected cash on cash return: 4.3%
13 Logan Drive, Chester, VT 05143
Beautiful New Englander in the quaint town of Chester, VT! This well-kept home is boasting with bright sunlight and gorgeous gardens ready for you. Five bedrooms, two full baths, two living rooms, an expansive kitchen with cathedral ceiling, large island and gorgeous exposed beams. Attached garage/shop with two bonus rooms above. The property includes apple and pear trees, herbs, perennials, a small horse barn, a patio and beautiful stonework. Finished in-law suite above garage, recent blown-in insulation in walls and attic, new support posts in basement, to name a few of the recent updates. Charming country setting less than 10 minutes from Chester and Springfield. Close to outdoor recreation, skiing, hiking and more.
$299,900
6 Bedrooms, 3 Bathrooms
Average Daily Rate: $241
Expected occupancy rate: 72%
Monthly expected income: $5,123
Monthly expected expenses: $2,879
Monthly expected cash flow: $2,244
Expected cash on cash return: 32.5%