Property profile

48 Horseshoe Lake Rd Kauneonga Lake, NY 12749

OFF-MARKET
Mixed-use properties
0.12 ac lot
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Property summary

AI-generated overview

This mixed-use property, located at 48 Horseshoe Lake Rd in Kauneonga Lake, NY 12749, presents a compelling investment opportunity. The duplex comprises two one-bedroom apartments, situated on a 0.12-acre lot. One unit is currently rentable, requiring only minor repairs before commanding a monthly rent of $900. The second unit requires a full renovation. Previous tenants were responsible for all utilities. The property boasts municipal sewer access. Its prime location offers convenient proximity to Kauneonga Lake's public boat launch, a park, local shops, restaurants, and the Performing Arts Center. This property is priced at $130,000, making it an attractive investment prospect. The square footage is not currently available. The property's strong rental history and desirable location make it an ideal addition to any investment portfolio. Serious inquiries are encouraged.

Property profile

Verified
Property type Mixed-use properties
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

48 Horseshoe Lake Rd Kauneonga Lake, NY 12749
Kauneonga Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

4 recent transactions · within 1.5 mi
Comparable in this city
4 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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