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96 Lake Road

Hunter, NY 12442
  • $1,500,000
  • STATUS: PENDING CONTINUE TO SHOW
  • ON SITE: 17 Days
  • MLS #: 20221269
Under Contract
$1,500,000
  • 6
    BEDS
  • 0.31
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $375
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1965
County:
Area:

School Ratings & Info

School District:

Description

Stunning and spacious three-level A-frame sited at the very foot of Hunter's ski slopes, with a smart and stylish interior design and furnishings -- a truly outstanding short-term-rental property with a current cap rate of 10 per cent. Or else an amazing single-family ski house with plenty of bedrooms, bathrooms and privacy within the house. There's a wonderful open feeling to the cathedral-height great room -- a feeling of having the perfect place to unwind with plenty of room to stretch out. Whether investment or personal ownership, there is a lower-level that's like a vacation area in itself, with a terrific pool table, ping-pong table, relaxing media room and games area. Outside is a generous deck looking up to Hunter Mountain, as well as a picnic table and a firepit to enjoy the starry nights. No longer simply a ski center, Hunter has become a four-season escape to the mountains. Since its purchase just a little over three years ago, this property has been a phenomenally successful AirBnB venture and promises to increase its success further in the future (there are currently $40,000+ worth of AirBnB rentals to convey). Two additional split AC units were installed in February, bringing the total to 8. The chimney underwent a complete overhaul in 2020 and a new 6k sliding door off the kitchen will be installed. Being here will be close to something for everyone: zip-lining, hiking, golf, fishing, concerts, biking and of course skiing & boarding. And if you want this all to yourself, there is no better place to entertain your friends or family. If not, it practically rents itself in an area where short-term rentals still thrive. [Showings are very often not possible on weekends since -- you guessed it -- the property is likely booked.]

Extras: YEAR GROSS EXPENSES NET PROFIT 2019 (MAY-DEC) 72,092 17021 55,070 2020 186,630 34,075 152,555 2021 165,283 27,395 137,888

Monthly Payment Calculator

© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Coldwell Banker Village Green Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-05-29T00:18:27.103
www.zacharypetrocca.com/homes/128568374
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96 Lake Road Hunter, NY 12442

  • Price: $1,500,000
  • Status: PENDING CONTINUE TO SHOW
  • On Site: 17 Days
  • MLS #: 20221269
6
Beds
4
Baths
0
½ Baths
0.31
Acres
4,000
SQFT
$375
$/SQFT
1965
Built
Neighborhood:
Greene
County:
Greene
Area:
Greene
School District:
OTHER
Property Description
Stunning and spacious three-level A-frame sited at the very foot of Hunter's ski slopes, with a smart and stylish interior design and furnishings -- a truly outstanding short-term-rental property with a current cap rate of 10 per cent. Or else an amazing single-family ski house with plenty of bedrooms, bathrooms and privacy within the house. There's a wonderful open feeling to the cathedral-height great room -- a feeling of having the perfect place to unwind with plenty of room to stretch out. Whether investment or personal ownership, there is a lower-level that's like a vacation area in itself, with a terrific pool table, ping-pong table, relaxing media room and games area. Outside is a generous deck looking up to Hunter Mountain, as well as a picnic table and a firepit to enjoy the starry nights. No longer simply a ski center, Hunter has become a four-season escape to the mountains. Since its purchase just a little over three years ago, this property has been a phenomenally successful AirBnB venture and promises to increase its success further in the future (there are currently $40,000+ worth of AirBnB rentals to convey). Two additional split AC units were installed in February, bringing the total to 8. The chimney underwent a complete overhaul in 2020 and a new 6k sliding door off the kitchen will be installed. Being here will be close to something for everyone: zip-lining, hiking, golf, fishing, concerts, biking and of course skiing & boarding. And if you want this all to yourself, there is no better place to entertain your friends or family. If not, it practically rents itself in an area where short-term rentals still thrive. [Showings are very often not possible on weekends since -- you guessed it -- the property is likely booked.]

Extras: YEAR GROSS EXPENSES NET PROFIT 2019 (MAY-DEC) 72,092 17021 55,070 2020 186,630 34,075 152,555 2021 165,283 27,395 137,888
Exterior Features

Construction Frame/Stick Garage Type None Porch Deck Roof Asph Shingle Siding Wood

Interior Features

Appliances DishwasherDryerRangeRefrigeratorWasherOther/See Remarks Basement FinishedFullInterior AccessConcrete Floor Bedroom1 Level 1 Bedroom2 Level 1 Bedroom3 Level 2 Bedroom4 Level 2 Den Level 3 Dining Room Level 2 Family Room Level 3 Fireplace Description Free Standing Fireplace Location Living RoomOther/See Remarks Floors CarpetCeramicHardwood Heat Source Baseboard Heating Fuel Electric Hot Water Electric Kitchen Description1 Gourmet Kitchen Level 2 Living Room Level 2 Other Rooms LoftMedia Room Utility Level 3

Property Features

Annual Taxes 6047 Assessed 170000 Flood Plain No General Tax 2366 Internet Access Cable Listing Type Exclusive Right Lot Dimensions 0.31 Acres Lot Site Hamlet/Village School Tax 3681 Sewer Municipal Style Chalet Style Additional A-Frame Water Municipal

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20221269 provided courtesy of Lawrence O'toole of Corcoran Country Living.
© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Coldwell Banker Village Green Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-05-29T00:18:27.103
 
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Coldwell Banker Village Green Realty
397 Main Street
Catskill NY, 12414