OOC - DELAWARE NY - ID: 20230681
On the Market
Ulster:20230681_1
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  • Price: $249,000
  • Bedrooms: 1
  • Bathrooms: 1 (full)
  • Sq. Feet: 600
  • Garage: None
  • Acreage: 0.12
  • Year Built: 2020
  • School District: Roxbury Central Schools
  • CONTACT
    Vetere Real Estate
    (845) 338-0571
    kvetere@vetererealestate.com
Property Type: Single Family

Description: Investors take note! This charming cabin in Roxbury is conveying furnished and rent ready, and has been a massive success on Airbnb over the owner’s tenure. This one bedroom one bathroom cabin with sleeping loft is cozy and bright, with views down the valley along the east branch of the Delaware River. With an accessible Delaware County location just 5 minutes from Roxbury’s eateries and bars, and 15 minutes to Plattekill Mountain, you can see why the current owners have had such great occupancy in their rental business. Built in 2020, this cabin is flawless, fully green, with a heat pump and all-electric systems, and is a fantastic jumping off point for Catskills exploration for yourself or your guests. Move right in, with all furnishings and contents included in the sale price, including an outdoor grill, fire pit, and even s'mores kits. This is no nebulous projection of potential cash flow. This is a fully extrapolated 9.22% cap rate at the purchase price of $249, 000, including itemized expenses, cleaning fees, snow removal, lawn care, all utilities and internet. Customize your on-site team or self manage the property and you may push that number well into the double digits. Well qualified buyers may inquire for detailed NOI and Airbnb rental history.

FEATURES:
SQUARE FEET -1ST FLOOR: 288
SQUARE FEET -2ND FLOOR: Loft
ZONE: Res
LOT DIMENSIONS: Pie
APPLIANCES: Microwave, Refrigerator, Range
LOT FEATURES: Slope-Gently
LOT/SITE: Rural
STYLE: Cabin
WATER: Drilled Well

Listing courtesy of: Country House Realty, Inc. / Listing Agent: Harry Mcnamara
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