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144 White Pine Drive

Pocono Lake, PA 18347

2

2

1,710 Sq.Ft.

Single Family Residential

$194,900

Year Built

1971

Price per sq.ft

$114

Great potential in this 2-3 bedroom Pocono Chalet! Conveniently located minutes away from the lake in the short term rental friendly community, Locust Lake Village. This rustic style home features hardwood flooring, vaulted ceiling with exposed beams and a finished basement for additional space. The main level includes a sun-filled living room accentuated with a wall of windows and a wood fireplace, a cozy kitchen nook, 2 bedrooms and a full bathroom. Upstairs is a large loft that would make a great 3rd bedroom or game room. The walk-out basement includes a family room, full bathroom and laundry room. Located in the heart of the Poconos in an amenity-filled, golf cart/ATV friendly community featuring multiple lakes and beach areas, ball sports, clubhouse and more! Short distance to State Gamelands, Lake Harmony with Jack Frost Big Boulder Ski Areas, and offering easy access to Rt 940, I-80 and I-476.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

7.82%

Avg. Monthly Income

$2,718

Expenses

$318

Long-term rental strategy

Cap Rate

4.6%

Avg. Monthly Income

$1,496

Expenses

$104

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