Welcome to Meredith Bay, Lake Winnipesaukee's premier gated resort
community. Offering the ease of main level living, this beautifully
updated 3 bedroom, 2.5 bath raised ranch is being sold fully
furnished and includes a golf cart plus the opportunity to assume
the lease for highly sought after Boat Slip #15 at Akwa Marina.
Since purchasing in 2024, the owners have made numerous
improvements, creating a truly turnkey opportunity. The main
level features comfortable everyday living, while the finished
walkout lower level provides additional space for family and guests
with a large family room, custom bar area, gym space, and added
storage. Recent upgrades include quartz countertops, custom
closets, electric blinds, enhanced exterior stonework, and a water
filtration system. Outside, enjoy professionally enhanced
landscaping, an expanded deck with retractable electric awning, and
a private, flat backyard that provides the perfect setting for
relaxing, entertaining, or enjoying the afternoon shade.
Meredith Bay residents enjoy access to a long list of
amenities including a membership to Akwa Marina, two outdoor pools,
fitness center, tennis and pickleball courts, walking trails,
playgrounds, kayak launch, community garden center, and the
seasonal lakefront restaurant. Golf cart friendly roads make it
easy to enjoy everything this amenity rich community has to offer.
Whether you are searching for a year round home or a Lakes
Region retreat, this move in ready property offers an exceptional
opportunity to enjoy the Meredith Bay lifestyle from day one.
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Cap Rate Calculator
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What does this mean?
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.
Appliances: Dishwasher, Microwave, Double Oven, Tankless Water Heater, Mini Fridge, Gas Stove
Flooring Type: Carpet, Hardwood, Tile
Rooms: 6
Basement: Yes
Exterior Details
Square Footage: 3714
Architectural Style: Ranch
Year Built: 2024
Waterbody Name: Lake Winnipesaukee
Construction Materials: Board and Batten Exterior, Clapboard Exterior
Lot Features: Landscaped, Near Golf Course, Beach Access, Lake Access, Lake View, Mountain View, Street Lights, Subdivision, Walking Trails, Near Country Club, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Near Hospital
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