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229 Sage Road

Long Pond, PA 18334

3

2

1,440 Sq.Ft.

Single Family Residential

$399,900

Year Built

1971

Price per sq.ft

$278

Beautifully updated Contemporary style home in the amenity-filled, short term rental friendly community, Emerald Lakes, blocks from the main lake! Turnkey, renovated interior is fully furnished & includes all new flooring, fresh paint, new fixtures & lighting, new mini split heating/cooling systems & new water heater. The main level boasts a cozy wood-burning fireplace, brand new kitchen w/ gorgeous cabinets, farm sink & butcher block countertops, along w/ an open layout into the dining/ living space. Down the hall sits 2 spacious BRs & a brand new full bath, complete w/ an oversized, tiled, walk in shower. Downstairs, the finished lower level offers a spacious family room w/ fireplace & walk-out slider doors, 3rd BR, new bathroom, also w/ an oversized walk in shower & seperate laundry room. Outside is just as appealing as the inside! Fabulous wrap around deck for the ease of entertaining, firepit, shed & plenty of driveway parking! Community offers pools, lakes, ball courts & more!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.85%

Avg. Monthly Income

$3,758

Expenses

$339

Long-term rental strategy

Cap Rate

3.33%

Avg. Monthly Income

$2,011

Expenses

$108

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