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
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

196 Elk Drive

Lake Harmony, PA 18610

3

2

2,701 Sq.Ft.

Single Family Residential

$430,000

Year Built

1977

Price per sq.ft

$159

Located Across From Lake Shangri-La Sits This 2,700 Square Foot Chalet Style Home With Rooms For Everyone, Including Multiple, Indoor And Outdoor, Entertaining Spaces, A 2-Story Primary Suite With Walk-In Closet, A Private Sunroom And Balcony. There Are 2 Additional Guest Bedrooms And A Total Of 3 Full Baths. A Real Bonus Is The Back Yard Leads To State Game Lands No. 129. It's Like Buying Just Under 1/2 Acre And Enjoying An Additional 3,700 Acres. Short Term Rentals Are Possible So Let Your Vacation Home Pay For Itself Using The Potential Income You Could Make. This Home Comes With A 2-Year America's Preferred Home Warranty.

Property Investment Potential

Short-term rental strategy

Cap Rate

2.88%

Avg. Monthly Income

$2,969

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

4.79%

Avg. Monthly Income

$3,047

Expenses

N/A

Get new content delivered directly in your inbox

Comparables

property

+ Revenue Estimate

$430,000

196 Elk Drive

Brier Crest Woods

3

2

2701sq.ft

Cap rate

2.88%

Occupancy rate

40.00%

property

+ Revenue Estimate

$414,900

1509 Dove Court

Brier Crest Woods

3

3

2096sq.ft

Cap rate

2.85%

Occupancy rate

37.00%

property

+ Revenue Estimate

$339,500

120 Thornberry Lane

Brier Crest Woods

3

2

2096sq.ft

Cap rate

4.06%

Occupancy rate

37.00%

property

+ Revenue Estimate

$605,000

170 Poplar Place

Brier Crest Woods

3

3

2096sq.ft

Cap rate

1.32%

Occupancy rate

37.00%