Lake Placid Investment Analysis

Investment Property in Lake Placid, NY

Lake Placid Investment Performance

PROPERTY SALE PRICE

$ 845,000

Median

2,306

Avg/Sq.ft.
CASH ON CASH RETURN

3.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

26

Investment

397

Airbnb

N/A

Traditional

32%

Airbnb occ. rate

Lake Placid Rent Prices

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Top Lake Placid Active Investment Properties

Investment Properties for Sale
$375,000
MLS 177262
Lake Placid
Single Family Residential
4 beds 2 baths 2,378 sq.ft.
CAP RATE Trad. 3.18% Airbnb 7.33%
Investment Properties for Sale
$249,000
MLS 178215
Lake Placid
Single Family Residential
2 beds 1 baths 837 sq.ft.
CAP RATE Trad. 0.86% Airbnb 5.32%
Investment Properties for Sale
$599,000
MLS 176871
Lake Placid
Single Family Residential
4 beds 2 baths 1,210 sq.ft.
CAP RATE Trad. N/A Airbnb 4.31%
Investment Properties for Sale
$595,000
MLS 178205
Lake Placid
Single Family Residential
4 beds 2 baths 1,680 sq.ft.
CAP RATE Trad. N/A Airbnb 4.05%

Top Lake Placid Neighborhoods

Lake Placid
PROPERTY PRICE

$795,000

Median
CASH ON CASH RETURN

2.78%

Traditional

2.46%

Airbnb
RENTAL INCOME

$ 945

Traditional

$ 2,830

Airbnb

35%

Airbnb occ. rate

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Lake Placid Insights

Airbnb Vacation Rentals

Cascade Getaway
$155 per night Occupancy 83%
Guest suite 1 · 1 · 2
Rental Income: $3,927 per month
5
431
The Tiny ~ Not So Tiny
$164 per night Occupancy 92%
Bungalow 2 · 1 · 3
Rental Income: $4,592 per month
5
417
Lakeside Studio Apartment with Backyard
$340 per night Occupancy 29%
Apartment 0 · 1 · 2
Rental Income: $2,984 per month
5
353
ADK Charm Apt 6 Low Prices @ all times
$111 per night Occupancy 61%
Apartment 1 · 1 · 2
Rental Income: $2,072 per month
5
331
Rustic Charm Apt 5 Low Prices @ all times
$116 per night Occupancy 63%
Tiny house 1 · 1 · 2
Rental Income: $2,217 per month
5
324
★ GO-Cottage ★ Studio ★ Privacy ★ Yard ★ Unique
$228 per night Occupancy 51%
Cottage 1 · 1 · 2
Rental Income: $3,547 per month
5
324
Private quiet apartment
$130 per night Occupancy 31%
Apartment 1 · 1 · 2
Rental Income: $1,228 per month
5
301
Couple Hideaway Apt 4 Low Rates @ all times
$110 per night Occupancy 47%
Apartment 1 · 1 · 2
Rental Income: $1,564 per month
5
287

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Traditional

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PROPERTY PRICE
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Median
CASH ON CASH RETURN

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Traditional

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CASH ON CASH RETURN

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Traditional

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Median
CASH ON CASH RETURN

10.00%

Traditional

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