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131 Choctaw Drive

Pocono Lake, PA 18347

4

3

1,700 Sq.Ft.

Single Family Residential

$340,000

Year Built

1989

Price per sq.ft

$200

Walk to the Pool! Truly only steps away from this spacious 4BR w 3 full bath contemporary! This corner lot has a circular driveway allowing for lots of parking off street! Back Deck offers privacy from passersby! Private Residence which is not used for rental but Short Term Rents are allowed! Check out the documents tab for the paperwork requirement from Arrowhead Lakes and Coolbaugh Township! Home is connected to Community Sewer. AHL offers Game Room, Playgrounds, Basketball, 2 lakes (260 + 90 Acre), 3 heated pools & 7 Tennis Courts & you can rent boats during the summer or keep yours at any of the 5 non-powered engine boat launches! Welcome Center offers physical fitness center, billiards room! Welcome to the Poconos!

Property Investment Potential

Short-term rental strategy

Cap Rate

3.61%

Avg monthly income

$2,653

Expenses

$316

Long-term rental strategy

Optimal strategy

Cap Rate

5.29%

Avg monthly income

$2,550

Expenses

$112

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