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109 Rising Sun Court

Pocono Lake, PA 18347

3

2

2,096 Sq.Ft.

Single Family Residential

$319,500

Year Built

2007

Price per sq.ft

$152

Clean, cute and convenient - Classic Pocono Vacation Home in the desirable Locust Lake Village Community. A secluded half acre lot near the front of the community gives you quick access to Route 940. Brightly decorated, family-friendly design and is currently running as a professionally managed short-term rental. Home is in great shape and can continue as an AirBnB, revert back to a vacation home or be a primary residence away from it all. Upstairs playroom and kids bunk room with 2 bedrooms on the main floor. Locust Lake Village allows STR with a permit, Tobyhanna Township requires a STR license which this property has. Enjoy community lakes, amenities of Locust Lake in the summer and for winter, join the community ski club because you're only 8 miles to Jack Frost, 15 to Camelback

Property Investment Potential

Short-term rental strategy

Cap Rate

2.23%

Avg. Monthly Income

$2,079

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

4.43%

Avg. Monthly Income

$2,195

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$319,500

109 Rising Sun Court

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Cap rate

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Occupancy rate

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property

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Occupancy rate

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property

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Occupancy rate

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property

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291 White Pine Drive

Locust Lake Village

4

3

2096sq.ft

Cap rate

-1.07%

Occupancy rate

16.00%