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155 Cottontail Lane

Pocono Lake, PA 18347

3

4

2,514 Sq.Ft.

Single Family Residential

$454,000

Year Built

1978

Price per sq.ft

$181

Lakeview Rustic Raised Chalet w/ breathtaking views of the Pine Lake in Locust Lake Village, a community with 24hrs security, 3 lakes perfect for fishing & boating, sandy beaches, ski hill, playgrounds & more. This TURN-KEY, FULLY FURNISHED with a New Hot Tub can be used as a second home or a successful vacation rental. Main floor features kitchen, DR and LR open concept w/ fireplace, bright sunroom for added space, 3 bedrooms, 2.5 baths, soaking tub, washer/dryer. The ground floor offers a huge family/game room, custom bar, wood stove, bonus room, 1/2 bath. The inviting outside area comes w/ Hot tub, gazebo, gravel patio with firepit & large circular driveway. The home is located within walking distance of lake & docks access. Just minutes from ALL Poconos attractions, Kalahari, Ski & C

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.28%

Avg. Monthly Income

$4,130

Expenses

$347

Long-term rental strategy

Cap Rate

1.64%

Avg. Monthly Income

$1,720

Expenses

$105

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