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    Mixed-use properties

    48 Horseshoe Lake Rd, Kauneonga Lake, NY 12749

    0.12 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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