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22 Mountain Crest Dr

Lake Harmony, PA 18624

6

3

2,920 Sq.Ft.

Single Family Residential

$750,000

Year Built

1995

Price per sq.ft

$257

A hard to find SPACIOUS 6 Bed/3 Bath VACATION RENTAL AVAILABLE with INCOME in LAKE HARMONY ESTATES a four season rental friendly area. Upper level has an OPEN CONCEPT LIVING and DINING rooms and an UPDATED KITCHEN with GRANITE COUNTERTOPS that lead out to the upper level DECK. Primary bedroom with a primary bath and Two Additional Bedrooms and a Hall Bath complete the upper level. Lower level has a SPACIOUS FAMILY ROOM with additional 3 bedrooms and an UPDATED BATHROOM. OUTDOOR FIREPIT AREA and a lower covered DECK gives you the outdoor usable space. TWO CAR GARAGE used as a GAME ROOM. WATER FILTERATION and PURIFICATION SYSTEM were added in 2022. FULLY FURNISHED with a HOT TUB. NEWER ROOF and WELL PUMP. COMMUNITY AMENITIES include TENNIS, PICKLEBALL COURT, ACCESS TO LAKE AND BEACH.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

3.96%

Avg. Monthly Income

$5,800

Expenses

$382

Long-term rental strategy

Cap Rate

1.52%

Avg. Monthly Income

$2,952

Expenses

$116

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Comparables

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+ Revenue Estimate

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Cap rate

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Occupancy rate

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15 Skye Drive

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32 Birch Street

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Cap rate

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Occupancy rate

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property

+ Revenue Estimate

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115 Pineknoll Drive

Lake Harmony Estates

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2

1302sq.ft

Cap rate

3.05%

Occupancy rate

39.00%