carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
+
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image
carousel-image

145 MOUNTAIN VIEW Drive

Pocono Lake, PA 18347

3

2

960 Sq.Ft.

Single Family Residential

$324,900

Year Built

1970

Price per sq.ft

$338

LOCATION- In the much sought after Locust Lakes an established well run mountain village resort LOCATION - 100 steps to the beautiful locust Lake. Nestled in a very comfortable setting with the privacy you are looking for in a true mountain Home This 3 bedroom1.2 bathroom home has it all. An open floor plan that includes the living room and dinning room with vaulted ceilings featuring propane gas stone fireplace that leads to a spacious deck with ample room to entertaining. The second floor deck has great Lake views with the mountain settings creating creating the total package for your retreat .The propane gas barbecue grill on the deck is great for summer time lunch's and dinners. LOCATION- In the much sought after Locust Lakes an established well run mountain village resort LOCATION - 100 steps to the beautiful locust Lake--- that's right a football field away from the beach LOCATION -Nestled in a very comfortable setting with the privacy you are looking for in a true mountain Home This 3 bedroom1.2 bathroom home has it all. An open floor plan that includes the living room and dinning room with vaulted ceilings featuring propane gas stone fireplace that leads to a spacious deck with ample room to entertaining. The second floor deck has great Lake views with the mountain settings creating creating the total package for your retreat .The propane gas barbecue grill on the deck is great for summer time lunch's and dinners ( go to the beach and come back for a burger and steaks ). You will find ample parking with a circular driveway. There is a social gathering firepit perfect for roasting marshmallows, hot dogs on a stick and night time refreshments for story telling and movies. This is a great well maintained TURN KEY property you will want to see for yourself! The Kitchen features granite Counter tops, a wine cooler, and a stone tile backsplash. The bathrooms have ceramic tiles. Here are some features ROOF - 2016 Kitchen 2016 Bathroom 2016 New Electrical Panel 2016 , SEPTIC TANK replace 2015 ( septic pump just pumped out April 2024) WELL Pump installed 2020 ADDITIONAL STORAGE - there is a spacious 10X10 storage area under the house great for a small work shop /toy storage, beach chairs etc This is an affordable vacation home -- set up and ready for you to have your family and friends come and make memories. This property would also be perfect for Air B&B or VRBO. Unit comes partial furnished. Showings to start April 17th Open house Sunday April 21st

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

7.06%

Avg. Monthly Income

$4,015

Expenses

$345

Long-term rental strategy

Cap Rate

2.6%

Avg. Monthly Income

$1,814

Expenses

$106

Get new content delivered directly in your inbox

Comparables

property

+ Revenue Estimate

$565,000

291 White Pine Drive

Locust Lake Village

4

3

2662sq.ft

Cap rate

0.95%

Occupancy rate

27.00%

property

+ Revenue Estimate

$319,900

329 Selig Road

Locust Lake Village

3

2

1436sq.ft

Cap rate

7.24%

Occupancy rate

54.00%

property

+ Revenue Estimate

$274,900

246 Mountain View Drive

Locust Lake Village

3

2

1156sq.ft

Cap rate

8.90%

Occupancy rate

54.00%

property

+ Revenue Estimate

$244,000

275 Selig Road

Locust Lake Village

3

2

2240sq.ft

Cap rate

10.48%

Occupancy rate

54.00%