13 best Airbnb investment opportunities | May 13, 2022
Northeast winners today - beauties in NY, ME, and VT. Three above 22% cash on cash. Today's list: NY, VT, ME, NC, CO, OR, TN, PA, and GA.
67 Jaycox Rd, Medusa, NY 12120
Two hours from the GWB on a dead-end road sits Full Moon Farm, an extraordinary property that provides the ultimate flexibility as a full-time home, weekend escape, or turnkey business. Built in 2007, the impressive three story, light-filled, solar-powered 3BD/3BA 2,116sf home is sited on 17 idyllic acres that includes sprawling meadows, forests, stone walls and both lake and mountain views. The property has been used as an event venue, vacation home, and film location. To the extent that one intends on continuing what is a profitable short-term rental operation, the sale includes a robust set of business assets including a full-fledged website (https://www.fullmoonmedusa.com), an IG account with 10K+ followers (@fullmoonmedusa), flawless ratings and an AirBNB Plus and VRBO Premiere Host property. High-end finishes throughout include mahogany doors, hickory floors and two wood-burning stoves, high-end appliances, a deep farmhouse sink, hand-crafted oak cabinets, and hard rock maple counter tops. Adjacent to the main home and retaining its original 1790s bones and charm is the 2,500sf barn and could be readily converted into a studio, workshop or event space. A plethora of outdoor spaces provide options to soak in the sights and sounds of nature or host friends and family. The screened-in porch provides a bug-free outdoor space to dine, while the cedar barrel hot tub is great for a soak after skiing at nearby Windham. An elevated stone patio and hammock area with a fire pit offer additional spots for gathering or to simply decompress. In and around Medusa, there is no shortage of farms at which to grab fresh eggs and produce. Various charming cafes and restaurants. Both Cairo and Windham are a 25-30 minute drive and the international airport at Albany is just 45 minutes away.
$985,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $376
Expected occupancy rate: 66%
Monthly expected income: $7,320
Monthly expected expenses: $5,955
Monthly expected cash flow: $1,365
Expected cash on cash return: 6.4%
143 Tyanoga Road, Whitingham, VT 05361
Rare opportunity to own a waterfront home on 5 acres on Sadawga Lake just a short drive from the village of Wilmington, Harriman Reservoir, and the Mount Snow ski resort. This amazing four season property sits on a dead end road and has nearly 360 degree views out over the water and green mountains beyond, with sunrise views through the large picture windows. Enjoy tremendous fishing or boating thanks to a privately owned boat dock and water access, or ice fishing and direct VAST snowmobile access in the wintertime. The spacious log style home has rustic finished and great features including exposed natural woodwork throughout, a large open concept great room with floor to ceiling stone surrounding the wood burning fireplace, a large dining area which leads into the spacious kitchen with breakfast bar, mudroom entry, 2 main floors bedrooms and a full bath, an upstairs master suite with vaulted ceiling, second full bath, walk-in closet, and views of the reservoir, second living area in the loft, and a brand new wraparound deck to entertain and take in the vistas. There is tremendous additional potential in the large walkout basement which could accommodate an additional suite and living space and has a large owner closet. Recent upgrades include many new windows, the new deck, new w/d. Thanks to the 4 season nature, this could also be a strong rental when not in use. A true opportunity to have a special spot in Vermont with the best combination of year round use you can find.
$599,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $290
Expected occupancy rate: 66%
Monthly expected income: $3,884
Monthly expected expenses: $2,112
Monthly expected cash flow: $1,772
Expected cash on cash return: 13.5%