8 best Airbnb investment opportunities | March 25, 2022

A beautiful Scandinavian home located in the heart of the Catskills with a 20% cash-on-cash return! Today's list includes: NY, NC, CA, VA, GA, & FL.

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99 W Chestnut St, Kingston, NY 12401

Built and designed by famed Central Park architect Calvert Vaux in the 1890s and formerly the home/studio of Hudson River School painter Jervis McEntee, this home is filled with plenty of history, original character, and distinctive finishes! Located in the desirable West Chestnut heritage area and at just 90 mins from NYC, this property makes a great full-time or part-time residence! The main entrance of the home opens into an impressive, light filled foyer with tall ceilings. Moving through, the main level provides a sunroom, formal dining room, large kitchen with wide plank floors, and a full bath complete with clawfoot tub! You’ll also find the home’s first bedroom, a spacious and sunny room with an adjacent sitting/living room that can be accessed through hidden pocket doors. On the second level is a dramatic living room with super tall ceilings and built-in bookshelves. Another well-designed bedroom sits on this floor in addition to the impressive primary suite with its oversized en suite complete with both large soaking tub and shower as well as a large open closet/laundry space. There’s another large bedroom with beautiful dormer windows, full bath, and bonus room on the third floor. It’s also very easy to imagine spending time on the wrap-around porch or backyard with a hot tub and grill area for the warmer months! The ground floor one-bedroom apartment (with its own entrance) is a chic bonus space with white concrete floors, full bath, large bedroom, sunny breakfast nook, and lovely exposed brick details! Back outside there’s storage space and an additional fully fenced in side yard where you’ll find plenty of space to bring your imagination to! Ideally situated just a few minutes from the Waterfront, Midtown, and Uptown areas in Kingston. The home is also just roughly 20 mins Rhinebeck and the Rhinecliff Amtrak Station, Saugerties, Woodstock, New Paltz, and Stone Ridge! Just 1hr 30mins will have you to/from NYC.

• $789,000

• 4 Bedrooms, 3 Baths

• Average Daily Rate: $763

• Expected occupancy rate: 84%

• Monthly expected income: $19,227

• Monthly expected expenses: $9,653

• Monthly expected cash flow: $9,574

• Expected cash on cash return: 50.19%

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