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1520 Lake Lane
Pocono Lake, PA 18347
3
3
2,096 Sq.Ft.
Single Family Residential
$400,000
Year Built
1973
Price per sq.ft
$191
Looking for a turnkey vacation home? Look no further! Stunning 3 bed 2.5 bath chalet in the Locust lake Village community. Everything is included! The open floor plan gives the home a cozy yet spacious feeling. Enjoy the beautiful fall foliage on the front deck. Located on a private wooded lot with circular driveway. Commuter location! Close to all major Pocono attractions!
Property Investment Potential
Short-term rental strategy
Cap Rate
1.47%
Avg. Monthly Income
$2,079
Expenses
N/A
Long-term rental strategy
Optimal strategyCap Rate
4.8%
Avg. Monthly Income
$2,776
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%
