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    OFF-MARKET
    Commercial real estate

    8440 Stony Lake Rd, Glenfield, NY 13343

    Property ID
    US63-4359407
    Property summary
    AI-generated overview

    Discover this exceptional 42.1-acre hunting and recreational property nestled in the Adirondack Mountains of New York, located at 8440 Stony Lake Rd, Glenfield, NY 13343. Boasting over 1000 feet of shoreline on East Pond, this property offers unparalleled access to outdoor activities. The location borders state land, providing direct access to extensive snowmobile and hiking trails in the desirable Old Forge/Brantingham Lake region. Winter access is seamless, as the road integrates directly into the trail system. The property includes a charming 144 sq. ft. main Adirondack cabin with a loft, fully equipped with lighting and a generator hookup, ready for immediate occupancy. A recently renovated 122 sq. ft. sleeping cabin with a loft, also with generator connection, provides additional accommodations. A new 12x16 shed with large entry doors offers ample storage for all your recreational gear. Power is readily available at the road, presenting opportunities for expansion. An existing foundation on the property suggests potential for further development. This idyllic retreat has a proven track record as a successful Airbnb rental, offering a unique investment opportunity. The property features trails leading to a breathtaking vista overlooking East Pond. Asking price is $185,000.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-4359407
    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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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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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