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1235 Arrowhead Drive

Pocono Lake, PA 18347

3

2

1,862 Sq.Ft.

Other

$699,000

Year Built

1978

Price per sq.ft

$375

Beautifully maintained Lakefront chalet in amenity filled Arrowhead Lake. Enjoy endless sunsets on your oversized deck. Home features 3 bedrooms, 3 bathrooms, bonus room, LR/DR/Kitchen with fireplace. Family room with built in wet bar and propane fireplace, walkout to the lake. Outside features fire pit and your own dock, storage shed to keep all your toys and ample parking. Arrowhead is a gated community with 24 hour security and features 2 lakes, 4 beaches, gym, lodge, 3 outdoor pools, pickleball, basketball, tennis, playgrounds. Golf carts allowed. Home is close to Pocono area attractions casino, waterparks, hiking, outlet shopping. Did we mention home comes furnished. Please make your appointment today and be on the lake for the 2023 summer season.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

3.22%

Avg. Monthly Income

$4,278

Expenses

$350

Long-term rental strategy

Cap Rate

1.53%

Avg. Monthly Income

$2,282

Expenses

$110

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Comparables

property

+ Revenue Estimate

$699,000

1235 Arrowhead Drive

Arrowhead Lakes

3

2

1862sq.ft

Cap rate

3.22%

Occupancy rate

58.00%

property

+ Revenue Estimate

$299,900

1156 Arrowhead Drive

Arrowhead Lakes

2

2

1115sq.ft

Cap rate

5.28%

Occupancy rate

52.00%

property

+ Revenue Estimate

$299,900

151 Mohican Trail

Arrowhead Lakes

3

1

1078sq.ft

Cap rate

3.14%

Occupancy rate

37.00%

property

+ Revenue Estimate

$310,000

131 Comanche Trail

Arrowhead Lakes

3

2

2096sq.ft

Cap rate

8.95%

Occupancy rate

58.00%