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21 Cherry Court

Clifton Township, PA 18424

3

2

2,096 Sq.Ft.

Single Family Residential

$339,500

Year Built

1983

Price per sq.ft

$162

TURN-KEY READY - Check out this 3 bed, 2 bath Big Bass Lake gem! This home is on almost a full acre in a low-traffic cul-de-sac & features an oversized (over 750 sq') deck, a brick-faced wood-burning fireplace, hardwood floors, a T&G wood walled family room & more! The roof, windows, & chimney cap were replaced & siding installed in 2016. Other recent improvements include deck repairs, tree removal, & new gravel on the driveway. Enjoy all the amenities of Big Bass Lake, including gated 24/7 security, pools, beaches, basketball & tennis courts, & more. Within a 1/2 hour or so of major Pocono attractions - casinos, skiing, & more! The house is on a 0.88 acre lot. Taxes & measurements are approximate.

Property Investment Potential

Short-term rental strategy

Cap Rate

2.88%

Avg. Monthly Income

$2,655

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

3.46%

Avg. Monthly Income

$2,208

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$339,500

21 Cherry Court

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3

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Cap rate

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Occupancy rate

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property

+ Revenue Estimate

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37 Sunset Drive

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2

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Cap rate

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Occupancy rate

45.00%

property

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147 Eagles View Drive

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Occupancy rate

43.00%

property

+ Revenue Estimate

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103 Mountainside Drive

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3

2

2096sq.ft

Cap rate

1.71%

Occupancy rate

32.00%