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117 Ridge Road
Pocono Lake, PA 18347
4
3
2,096 Sq.Ft.
Single Family Residential
$480,000
Year Built
2007
Price per sq.ft
$229
A MUST SEE!! Meticulous, beautifully custom renovated, 4 bedroom, 2.5 bath home in Locust Lake Village. Air BNB friendly and comes completely furnished! Designed to accommodate and satisfy extended family, friends or guests. Large open concept living room, dining room and modern kitchen offer plenty of space for multiple families to enjoy their stay. Kids/ entertainment area is a great bonus for everyone to enjoy . Property is located on nearly half an acre, Relax on the porch and entertain friends and family on the private back deck with great nature views. Close to many Pocono attractions such as Camelback, Kalahari, Great Wolf, Mount Airy and more. Perfect for a primary, vacation or investment home. Don't miss out! Schedule your showing today!
Property Investment Potential
Short-term rental strategy
Cap Rate
-0.44%
Avg. Monthly Income
$1,416
Expenses
N/A
Long-term rental strategy
Optimal strategyCap Rate
3.6%
Avg. Monthly Income
$2,790
Expenses
N/A
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Comparables
+ Revenue Estimate
$319,500
109 Rising Sun Court
Locust Lake Village
3
2
2096sq.ft
Cap rate
2.23%
Occupancy rate
26.00%
+ Revenue Estimate
$480,000
117 Ridge Road
Locust Lake Village
4
3
2096sq.ft
Cap rate
-0.44%
Occupancy rate
16.00%
+ Revenue Estimate
$400,000
1520 Lake Lane
Locust Lake Village
3
3
2096sq.ft
Cap rate
1.47%
Occupancy rate
26.00%
+ Revenue Estimate
$530,000
291 White Pine Drive
Locust Lake Village
4
3
2096sq.ft
Cap rate
-1.07%
Occupancy rate
16.00%
