Modern Farmhouse on 19 Acres

$850,000
3
2
4,800
sq. ft.
$177
per sq ft
Heated sq ft: 4,800 sq ft
Avg Nightly Rate: $1,000
Home Legally Sleeps: 8
Occupancy Rate: 40 weeks
Annual Gross Income : 125000
Annual Net Operating Income : 45000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Mountain, Nature, Pet Friendly
New Construction: Inquire
Days on Vrolio: 8

Property Description

3 bed 3 bath 4,800 Sq/Ft (yes 4,800) property on 19 secluded acres minutes away from many attractions including downtown New Paltz, Minnewaska State Park, Mohonk Preserve, Rail Trail, Wallkill River, wineries and much more. Grossed $125K in first 12 months as AIRBNB and looking to gross $165K In 2022. Asking $849,999 with all furniture, supplies, Instagram account, professional photos, and logo. Complete turnkey. Property manager in place or take over management yourself. 28 5-Star reviews on AIRBNB.

Presented by:
Owner:
chris vignone
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 1200
Low: 700
Peak: 1200
Special Event: 1200
Avarage: 1000.00
Furniture Age
2
Est Value of Furnishings
$50,000
Peak & High Seasons
July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
We bought 8 properties in three different markets in 2021 and bit off more than we can handle. We love this house but don't have the time it needs to get it to a $200K property.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
125000
Net Operating Income
45000
Stories
2
Additional Indoor Rooms
Detached Garage for No car, Game Room, Home Office/Den, Master Suite Down, Other
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer, Other
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace, Wall Unit A/C
Floor Coverings
Laminate Wood, Real Hardwood, Tile
Security
Yes
Security Description
TBD
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Year built
1930
Outdoor Features
Deck, Detached Garage, Fire Pit, Garden, Inground Pool, Inground Spa, Private Gated Driveway, Walking Trail
View
Mountain
Backyard Exposure
North
Lot Size
19 acres
Community Features
Public Golf Course, Restaurant(s), River Access
Tax Amount/Year
$15,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Public Golf Course, Restaurant(s), River Access
Mandatory HOA
Inquire
Home Legally Sleeps:
8
Onsite Parking
Plenty of parking
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$2.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
40
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$20.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, AirBnb profile, Professional photos, Social media profiles, VRBO and/or Homeaway profile
Manager Cancellation Policy
Standard AIRBNB
 
  •  
Credit Card Fee
$3.00
Cleaning Fee
$350.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$1,500.00
Yard & Pest Control (Annual)
$1,500.00
Pool & Spa Maintinence (Annual)
$1,500.00
Electricity (Annual)
$6,000.00
Water/Sewer (Annual)
$2,500.00
Cable/Interbet (Annual)
$2,500.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$15,000.00
Homeowner's Insurance (Annual)
$4,000.00
Short Term Rental Insurance Rider (Annual)
$1,000.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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