12 best Airbnb investment opportunities | July 22, 2022
Stunning A-frame out west, one bedroom, under $225k and a 16.7% cash on cash return.
91 Channel Lane, Sanford, ME 04073
Are you ready to enjoy sunsets from your new dock on idyllic Bauneg Beg Lake? Look no further than this fully furnished, year-round home. This property was taken down to the studs in 2019 and completely remodeled with the perfect blend of rustic and modern design. Walk inside to the open concept kitchen featuring stainless steel appliances, gas range and granite countertops. The living room boasts cathedral ceilings, a wood burning fireplace, heat pump, and sliders to the private deck with a hot tub. Enjoy water views from the spacious primary bedroom with a heat pump, and attached private bathroom with a tile shower and double vanity.Head downstairs to the large bonus room currently set up as a full bar. With direct walkout access to the level, sandy beach, this is the perfect spot for entertaining. Once outside, enjoy the privacy of the .74 acre lot with a total of 470 ft of water frontage. There is plenty of parking available in the long side driveway, which leads to the newly fenced main lot. Enjoy swimming, kayaking, fishing, boating and all that lake living has to offer! For the golf enthusiasts, Channel Lane is across the street from Sanford Country Club! Ideally located within 2 miles of local shops and restaurants, in close proximity to the southern Maine beaches, 45 minutes to both Portland and Portsmouth, and only 90 minutes to Boston!
$519,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $255
Expected occupancy rate: 65%
Monthly expected income: $4,888
Monthly expected expenses: $3,648
Monthly expected cash flow: $1,240
Expected cash on cash return: 10.8%
44 Tucker Road, Kingston, NH 03848
Once in a lifetime opportunity - own the historic "Fifield House", circa 1750. It's first owner was Joseph Fifield, one of the first Kingston Selectman. Bring your horses! This meticulously maintained country estate is situated on 5 acres surrounded by conservation land with it's own horse stall barn. Softwood floors throughout the living areas. Having 3 fireplaces, exposed hand hewn beams, and a mudroom - this home is exceptional. The property also features 2 barns. One barn can be used in the lower level for horses/livestock, and the main level could be used as an event space for possibly summer camps or even an art studio! Second barn for storage space. A screened in porch plenty of space to enjoy the outdoors The grounds are well cared for with grapes, and fruit trees. The 2 car oversized garage offers plenty of space for storage. The house combines heritage and authenticity with old world construction and craftsmanship, and all of the modern amenities that have been added. Close to Rt. 101 and 95 and walking distance to Tucker and French trails.
$575,000
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $313
Expected occupancy rate: 65%
Monthly expected income: $5,999
Monthly expected expenses: $4,237
Monthly expected cash flow: $1,762
Expected cash on cash return: 13.9%