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196 Elk Drive

Blakeslee, PA 18610

4

3

2,096 Sq.Ft.

Single Family Residential

$469,000

Year Built

1977

Price per sq.ft

$224

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 3 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

Optimal strategy

Cap Rate

5.7%

Avg. Monthly Income

$4,609

Expenses

N/A

Long-term rental strategy

Cap Rate

4.31%

Avg. Monthly Income

$3,047

Expenses

N/A

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Comparables

property

+ Revenue Estimate

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Cap rate

7.31%

Occupancy rate

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property

+ Revenue Estimate

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196 Elk Drive

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2096sq.ft

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Occupancy rate

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property

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1509 Dove Court

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Occupancy rate

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property

+ Revenue Estimate

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186 Brier Crest Road

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3

2

2096sq.ft

Cap rate

2.24%

Occupancy rate

33.00%