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20 Woodsbluff Court

Lake Harmony, PA 18624

6

4

2,797 Sq.Ft.

Single Family Residential

$699,000

Year Built

2010

Price per sq.ft

$250

Active with Contract: Accepting back up offers only at this time. Welcome to ''Altitude Adjustment'' 6 Bedrooms, 4 Bathrooms Vacation Rental Cedar Home with outdoor hot tub located in Laurelwoods @ Big Boulder Lake & Ski Area in the Pocono Mountains. Demonstrated annual rental income $75K while also using for personal use. This Pocono Vacation Home offers easy access to Big Boulder snowy winter activities and hours of summer fun on the water of Big Boulder Lake, with winter views of Big Boulder from the deck or covered balcony. The 1st floor features a bunk room w twin over twin bunks & a full size murphy bed. The master bedroom on the main floor is spacious w a king size bed and jacuzzi tub for a luxurious end to a day of Pocono adventures. There are 3 bedrooms on the 3rd floor. Bedroom 3 has a queen & twin bed, Bedroom 4 has a twin bunk over full and Bedroom 5 has 2 full beds. All bedrooms have TVs, new furnishings and all the comforts of home. A flexible layout and comfortable home for large groups and families visiting the Pocono Mountains. The living area features a flat screen TV for movie nights gathered around the cozy fireplace. There is a pool table and game room with extra TVs. Wet bar and outdoor hot tub. Public Sewer & Water. Furnished. Easy commute from NY, NJ and Philadelphia.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

6.03%

Avg. Monthly Income

$5,806

Expenses

$382

Long-term rental strategy

Cap Rate

3.62%

Avg. Monthly Income

$3,090

Expenses

$117

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