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20 TAMARACK TERRACE

Albrightsville, PA 18210

3

1

960 Sq.Ft.

Single Family Residential

$239,900

Year Built

1978

Price per sq.ft

$250

Affordable, freshly painted,3 bedroom, 1 full bath with upgraded kitchen w/ stainless steel appliances in amenity filled Indian Mountain Lakes Community! Own or rent this fantastic 3 bedroom vacation or full time home/with large 2 car garage for storing you seasonal gear or workshop, 2 large decks for entertaining or enjoying casual dinners at sunset! Brand new septic system completed last fall! Enjoy the lake amenities, fishing, boating, floating, swimming, hiking & community activities! An investment you can use and rent out as short term rental already permitted and put in place!Adorable, freshly painted, updated & clean this 3 bedroom/1 bath single home on wooded lot w/extra large insulated, detached 2 car garage, w/shed, only 15 minutes from Split Rock/Lake Harmony ( golf courses, restaurants,entertainment, H20 water park), Big Boulder Skiing, Jack Frost Ski Area and JF National Golf Course & Split Rock Golf. Welcome home, to your new open floor plan cottage, with updated new flooring, fresh paint, stainless steel appliances, propane gas stove and outdoor propane grill on deck, as well as an efficient wood burning stove heats the entire living area and enough wood for a year or more, corner lot, fully stocked wood shed, and newly installed, permitted septic system( costing over $20,000) in amenity filled Indian Mountain Lakes!Low annual HOA fee($1100.00/year) includes access to five lakes & life guarded beaches, canoeing, kayaking, swimming and fishing, club house, 3 pools, tennis courts, basketball courts, tot lots, security gate, 24 house security, trash removal, road maintenance with snow removal and community events. Hunting is permitted in state game lands bordering the community. Short term rental permit paid and in place. Come see this great home on the corner of Tamarack & Locust Lane!Close to the Pocono Raceway on rt. 115, 35 min. from Kalahari Water Park, White water rafting, Premium Outlets, Mt. Pocono rt 611, Camelback Ski and Waterpark, Casinos and more!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

6.89%

Avg. Monthly Income

$2,785

Expenses

$319

Long-term rental strategy

Cap Rate

5.02%

Avg. Monthly Income

$1,716

Expenses

$105

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