LIFESTYLE CHANGE FOR SALE! Imagine waking up to sunrise & sparkling
water views, enjoying morning coffee on a screened porch
overlooking the lake & ending the day w/ a gentle summer breeze.
This rare opportunity to own a beautifully restored waterfront Cape
Cod cottage on desirable Lake Attitash offers not just a home, but
an entirely different way of living. Warm, inviting & filled w/
character, this charming home blends original charm w/ thoughtful
updates. Original wood floors, warm pine walls & a fieldstone
fireplace w/ gas insert create a quintessential New England
atmosphere, while enlarged windows, glass sliders & skylights bring
the outdoors in & showcase breathtaking lake views from nearly
every room. Updated kitchen & baths provide today's conveniences
without sacrificing the home's personality. Step outside & the
magic continues. The screened porch, deck & private dock capture
spectacular 180-degree lake views-perfect for morning coffee,
cocktails, entertaining or relaxing w/ a good book. Thoughtfully
landscaped grounds provide a peaceful, private setting. Just listen
to the birds singing! A dock, boat & two kayaks are included, so
you can enjoy the lake immediately. Swim, waterski, fish, cruise by
pontoon or speedboat, kayak, paddleboard, pedal around the lake, or
simply drift along & take in the scenery. Lake Attitash is known
for excellent fishing & has been featured on television by Charlie
Moore, the "Mad Fisherman." There is even a designated area to
practice your golf swing & putting stroke! Or transform that space
into a hot tub retreat & soak beneath the stars. A detached 2-car
garage-rare w/ a waterfront property-was added in 2019 & provides
space for cars, boats & lake toys. The full basement offers
abundant storage & a workshop. Lake Attitash is known for clean
water & abundant wildlife. Watch for swans, loons, ducks, blue
herons, owls, eagles, cormorants & more. Pick wild blueberries,
fish, paddle or simply relax by the water. Winter brings ice
skating, ice sailing & ice fishing. This is the kind of property
that invites you to slow down, have more fun & truly enjoy the life
you've worked hard to create. Whether a year-round retreat,
vacation home or gathering place for family & friends, this special
waterfront home offers an extraordinary opportunity to embrace the
lake lifestyle. Only 5 mins from Rte 495 & a short ride to
Newburyport & charming downtown Amesbury. A truly special home in a
truly special setting. If not now, when?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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