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34491231
34491233

49 OAK ST, WESTFIELD, NY 14787-1243 For Sale

NH
10401209202
Howard Hanna Holt - Mayville
Listed by Howard Hanna Holt - Mayville
$550,000
2 days on market
Updated 2 days ago

49 OAK ST WESTFIELD NY 14787-1243

Details
APN 192.20-1-33
Property Type Multifamily, Hospitality
Sub Type Vacation rental
Square Footage 1,864
Units 1
Beds 3
NOI $26,863
Tenancy Single
Class A
Year Built 1960
Year Renovated 2021
Stories 1
Acreage 4.000
Investment Type Value Add

Income-Producing Vacation Rental Overlooking Chautauqua Gorge

Marketing description

Completely redesigned and reimagined in 2021, this exceptional property is an established vacation rental with a proven rental history, offering a rare combination of privacy, natural beauty, and convenience. Tucked away on more than 4 wooded acres overlooking the Chautauqua Gorge, you'll feel miles away from it all while being just minutes from the shops, restaurants, and conveniences of Westfield's Main Street. Spend your days exploring private trails, fishing or wading in the creek, relaxing in one of the hammocks beneath the trees, or gathering around the fire pit while enjoying the peaceful sounds of the flowing water. Inside, nearly every room takes advantage of the surrounding woodland and gorge views. The main level features an open-concept kitchen, dining area, and living room with access to a spacious balcony overlooking the gorge. The primary suite also opens directly to the balcony and includes a beautifully appointed ensuite bath. A half bath with laundry area completes the main level. The walkout lower level offers plenty of space for family and guests with a family room and game area, two additional bedrooms, one with direct access to the covered lower deck, and a full bathroom. Whether you're searching for a full-time residence, a private getaway, or an established income-producing investment, this property is being offered fully furnished and offers exceptional flexibility. It offers a rare opportunity to own a private retreat in one of Chautauqua County's most unique natural settings.

Investment highlights

Turnkey, fully furnished short-term rental investment overlooking the Chautauqua Gorge with proven income history, exceptional privacy, and strong appeal as both an income-producing asset and private retreat

Listing Contacts

NH
10401209202
Howard Hanna Holt - Mayville
Listed by Howard Hanna Holt - Mayville

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$26,863.41
$2,238.62/mo

Valuation Metrics

0
DSCR
4.88%
Cap Rate
4.88%
ROI

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Additional Information

Name
Brandi Russo
License
10401282195
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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