48 Horseshoe Lake Rd, Kauneonga Lake, NY 12749
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.