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115 Pineknoll Drive

Lake Harmony, PA 18624

3

2

1,302 Sq.Ft.

Single Family Residential

$399,000

Year Built

1987

Price per sq.ft

$306

Welcome to your dream getaway in the heart of the Poconos! This much-loved chalet-style home in Lake Harmony Estates offers the perfect blend of comfort and charm, making it ideal for a vacation retreat or a lucrative short-term rental. Featuring 3 spacious bedrooms and 2 bathrooms, the home provides ample space for family and guests. The cathedral ceilings enhance the airy, open feel of the living areas, while the open floor plan is perfect for entertaining and creating memories. Located in Lake Harmony Estates, a community known for its short-term rental friendliness, this home is a fantastic investment opportunity. In the summertime, enjoy days at the beach on Lake Harmony, a motorboat-friendly lake perfect for water sports and relaxing. During the winter, you'll be just minutes During the winter, you'll be just minutes away from the slopes at Jack Frost and Big Boulder, ideal for skiing and snowboarding enthusiasts. The area also features plenty of fun restaurants and bars, along with all the recreational activities the Pocono Mountains have to offer.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

3.05%

Avg. Monthly Income

$2,934

Expenses

$322

Long-term rental strategy

Cap Rate

1.61%

Avg. Monthly Income

$1,725

Expenses

$105

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Comparables

property

+ Revenue Estimate

$429,000

47 Lupine Drive

Lake Harmony Estates

3

2

1300sq.ft

Cap rate

2.66%

Occupancy rate

39.00%

property

+ Revenue Estimate

$495,000

15 Skye Drive

Lake Harmony Estates

4

3

1856sq.ft

Cap rate

3.29%

Occupancy rate

37.00%

property

+ Revenue Estimate

$789,000

32 Birch Street

Lake Harmony Estates

5

4

2800sq.ft

Cap rate

3.54%

Occupancy rate

39.00%

property

+ Revenue Estimate

$399,000

115 Pineknoll Drive

Lake Harmony Estates

3

2

1302sq.ft

Cap rate

3.05%

Occupancy rate

39.00%