Windham, New YorkSTR Bonus Depreciation Market Profile · #38 in the DepreciMax Top 50

Why Windham ranks #38 for STR bonus depreciation

Windham ranks #38 because the Catskills ski + summer market supports year-round STR demand, the cabin-and-condo inventory mix carries family-friendly amenity stacks that classify heavily to 15-year property, and mountain land ratios stay reasonable (~22%). New York decouples from federal §168(k), so the play is purely federal — but the 23.4% market-median bonus-eligible % on typical prices makes the federal-only math still compelling.

What drives Windham's bonus depreciation profile?

Windham STRs lean on the amenity categories the IRS classifies as 15-year land improvements — hot tub or spa, fire pit / fire feature, outdoor deck or wraparound porch, and mud room / ski storage. All 100% bonus-eligible in Year 1 under §168(k). Combined with land ratios that stay in the 19–25% band (leaving 75–81% of purchase price as depreciable basis), that amenity density pushes the market-median bonus-eligible % to 23.4%.

Does New York conform to federal §168(k) bonus depreciation?

Federal Year 1 benefit applies; state add-back required on the New York return — the federal figure IS the effective savings. On a median-priced $599k Windham STR, that's ~$52k in federal savings at a 37% bracket. Model with your CPA before committing.

Common bonus-eligible amenities in Windham STRs

Prevalence of 15-year land improvements we typically see across Windham short-term rentals — all 100% bonus-eligible in Year 1 under IRS §168(k):

Windham vs Red Lodge vs Williams / Grand Canyon — bonus depreciation comparison

Windham and the two DepreciMax Top 50 markets ranked immediately adjacent by median bonus-eligible %. The comparison is intentionally close-ranked so the deltas that matter — price point, Diamond density, state §168(k) conformity — are directly visible.

Deeper comparative reading: The best STR markets for bonus depreciation in 2026.

Windham bonus depreciation calculator (by zip code)

Windham spans multiple sub-markets across the Windham corridor with materially different STR economics. The calculator below has a zip dropdown — switch it to your area. The bonus-eligible percentage (Windham's market-typical 23.4%) stays constant across zips because it reflects the property type, not the location.

Windham zip code comparison

Looking for a deeper read on your specific property, not just the market median? Run the $99 Windham property report — our AI analyzes 7–9 listing photos against the IRS classification rules and returns a line-item §168(k) estimate closely calibrated to a formal $5K–$8K cost seg study.

Representative listings & deductions

Three representative Windham listings spanning entry, mid, and high price tiers. Year 1 deduction is estimated as a range around the Windham market bonus-eligible average (23.4% ± 3 percentage points). Click any card to run a full property report to tighten to one exact number.

Entry — Windham

$425,000

3 bd · 2 ba · 1,700 sqft

Cabin near Margaretville, NY 12455

Est. Year 1 Deduction

$87k–$112k

~$32k–$42k federal savings @ 37%

Get DepreciMax Breakdown On This Property →

Mid — Windham

$599,000

4 bd · 3 ba · 2,300 sqft

Ski home near Windham, NY 12496

Est. Year 1 Deduction

$122k–$158k

~$45k–$59k federal savings @ 37%

Get DepreciMax Breakdown On This Property →

High — Windham

$1,150,000

5 bd · 4 ba · 3,400 sqft

Chalet near Hunter, NY 12442

Est. Year 1 Deduction

$235k–$304k

~$87k–$112k federal savings @ 37%

Get DepreciMax Breakdown On This Property →

How to use this data to underwrite a Windham STR deal

The market-median numbers on this page are a screening tool, not a final answer. Here's how STR investors and their CPAs actually convert a market rank + median bonus-eligible % into an underwriting number for a specific offer.

1. Screen the deal against the market median. If a Windham listing is priced within the p25–p75 range ($425k–$1.33M) and looks like a typical ski STR, the market-median 23.4% bonus-eligible is a defensible screening estimate. That gives you a Year-1 deduction range you can plug into an initial underwriting model in about 60 seconds — before you invest CPA time or offer-drafting effort.
2. Adjust up or down based on amenity signals. Windham properties with a full outdoor stack trend toward the Diamond tier at 24%+ bonus-eligible. Properties with minimal outdoor amenities — condos, plain subdivision homes without hot tubs / decks / fire pits — trend toward the Bronze tier at 18–20%. Use the amenity checklist to categorize before you commit.
3. Model the offer with the deduction baked in. Take the estimated Year-1 deduction × your federal marginal rate (typically 37% for high-earner STR investors) = federal tax savings. Add this to your effective Year-1 cash-on-cash return. On a $599k Windham STR at 23.4% bonus-eligible, that's ~$52k in federal savings.
4. Verify with a $99 property-level report before you sign. Once you're past screening and preparing to make an offer, run the specific property through DepreciMax's photo-analysis pipeline. The $99 report tightens the estimate to a single number, line-items the 5-year / 15-year / 39-year breakdown, and delivers a calibrated Year-1 number closely calibrated to a formal cost segregation study's bonus-eligible %. Your CPA can build the return directly from this output; a formal engineered study (typically $5,000–$8,000) is only necessary post-closing for IRS-defensible filing on very large deductions or high-scrutiny audit risk.

For further reading on the pre-offer bonus-depreciation workflow, see how to use §168(k) before closing on a short-term rental. To catch missed prior-year bonus depreciation using Form 3115, see the Form 3115 catch-up guide.