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21 Sassafras Road

Lake Harmony, PA 18624

3

2

2,096 Sq.Ft.

Single Family Residential

$440,000

Year Built

1989

Price per sq.ft

$210

MOTIVATED SELLER! UNBELIEVABLE PRICE ADJUSTMENT! OPEN CONCEPT & FULLY FURNISHED. Gorgeous updated kitchen with granite, stainless appliances. The living room is bright & open with a stone fireplace. Both the living, dining area have beautiful hardwood floors. Mud room / laundry entry from the screen porch. The home has 3 spacious bedrooms, 2 baths & a loft w/split unit A/C. Anderson windows, newer roof w/gutter guards. Located at the end of a cul-de-sac. LOCATION IS PERFECT to walk to the lake, beach, pools & the town center or hop on your golf cart to play a round of golf at the Village Greens. Close to major Pocono attractions- casinos, waterparks, Pocono Raceway, 2 major ski areas & much more. PACK YOUR BAGS! LISTED BELOW MARKET VALUE!

Property Investment Potential

Short-term rental strategy

Cap Rate

2.11%

Avg. Monthly Income

$2,642

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

2.86%

Avg. Monthly Income

$2,319

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$440,000

21 Sassafras Road

Split Rock and Lake Harmony

3

2

2096sq.ft

Cap rate

2.11%

Occupancy rate

37.00%

property

+ Revenue Estimate

$575,000

46 Split Rock Road

Split Rock and Lake Harmony

5

3

2096sq.ft

Cap rate

2.90%

Occupancy rate

18.00%

property

+ Revenue Estimate

$245,000

491 Moseywood Rd

Split Rock and Lake Harmony

2

2

2096sq.ft

Cap rate

3.13%

Occupancy rate

38.00%

property

+ Revenue Estimate

$775,000

151 S Lake Drive

Split Rock and Lake Harmony

5

3

2096sq.ft

Cap rate

2.54%

Occupancy rate

18.00%