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116 Totem Trail

Pocono Lake, PA 18347

3

2

1,500 Sq.Ft.

Single Family Residential

$367,500

Year Built

2007

Price per sq.ft

$245

SELLER WILL ENTERTAIN ALL REASONABLE OFFERS. Chalet on a corner lot in the gated amenity-filled community of Arrowhead Lake. This 3 bedroom, 2 bath with a loft has lots of features. Living room has vinyl hardwood floors, cathedral ceiling, and a propane stone fireplace. Main level has 2 bedrooms and a full bath with a stand-up shower with glass doors and tiled walls. Upstairs has a primary bedroom with a walk-in closet and an attached bath. There is also a large sitting loft. Home has a heat pump and forced central A/C. Large front deck for entertaining. Home is on community sewer. Cooking grill is hooked up to propane tank. Walking distance to Beach #2 and Basketball Courts! Home used only as a family vacation home. Arrowhead Lake is a gated community with security, 3 heated swimming pools, 2 lakes for fishing/swimming and boating, tennis courts and bocce ball. Many of these activities have occurred over the years including bonfires, carnival, Zumba, water aerobics, swim team, potluck dinners/breakfast and summer camp.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

4.82%

Avg monthly income

$3,551

Expenses

$335

Long-term rental strategy

Cap Rate

3%

Avg monthly income

$2,150

Expenses

$109

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