110 Wid-Nick Acres
About This Property
The main cottage features two cozy bedrooms and a bathroom, while a separate bunkhouse offers additional sleeping accommodations for guests. The open-plan kitchen and living area create a warm and inviting space, perfect for gatherings and entertaining. The large enclosed back porch, complete with a washer and dryer, is an ideal spot for hosting memorable get-togethers.
Currently operating as a successful and profitable short-term rental, this property comes with bookings through the summer of 2025, which can be transferred to new owners. Proof of profitability is available, ensuring a seamless transition for those looking to continue this lucrative venture.
This turnkey property is ready for you to move in and start enjoying the idyllic lakeside lifestyle. Everything you need is included: furniture, linens, dishes, a peddle boat, a canoe, life jackets, a flat-top grill, lawn games, and more. Two docks are also included - one 40-foot roll-in aluminum dock and one 15-foot wooden floating dock.
Owners made many updates in 2024: new crusher run in the driveway, interior and exterior paint, new flooring, new tankless water heater & sediment filter, new floor joists and bracing. They even added electricity down by the dock to charge trolling motors, cleaned up the shoreline, removed stumps, and planted new grass seed.
Don't miss the opportunity to own this charming waterfront cottage and create lasting memories. Your dream retreat awaits!
OWNER/SELLER IS LISTING REALTOR.
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Cap Rate Calculator
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed | $199,900 | |
| Listed | |||
| | |||
|
Imagine waking up to the gentle sounds of nature, surrounded by the serene beauty of Black Lake. This enchanting waterfront cottage offers the perfect blend of tranquility and comfort. Nestled in the woods, it provides a peaceful and private retreat with a large screened porch where you can unwind and watch breathtaking sunsets. There are two firepits: one out back for camping vibes and one out front for lake vibes.
The main cottage features two cozy bedrooms and a bathroom, while a separate bunkhouse offers additional sleeping accommodations for guests. The open-plan kitchen and living area create a warm and inviting space, perfect for gatherings and entertaining. The large enclosed back porch, complete with a washer and dryer, is an ideal spot for hosting memorable get-togethers.
Currently operating as a successful and profitable short-term rental, this property comes with bookings through the summer of 2025, which can be transferred to new owners. Proof of profitability is available, ensuring a seamless transition for those looking to continue this lucrative venture.
This turnkey property is ready for you to move in and start enjoying the idyllic lakeside lifestyle. Everything you need is included: furniture, linens, dishes, a peddle boat, a canoe, life jackets, a flat-top grill, lawn games, and more. Two docks are also included - one 40-foot roll-in aluminum dock and one 15-foot wooden floating dock.
Owners made many updates in 2024: new crusher run in the driveway, interior and exterior paint, new flooring, new tankless water heater & sediment filter, new floor joists and bracing. They even added electricity down by the dock to charge trolling motors, cleaned up the shoreline, removed stumps, and planted new grass seed.
Don't miss the opportunity to own this charming waterfront cottage and create lasting memories. Your dream retreat awaits!
OWNER/SELLER IS LISTING REALTOR.
| |||
| Jun 2, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by Hunt Real Estate ERA | $149,000 | |
| Listed by Hunt Real Estate ERA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017