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24 Estates Drive

Lake Harmony, PA 18624

2

1

2,096 Sq.Ft.

Single Family Residential

$400,000

Year Built

1966

Price per sq.ft

$191

Tranquility at its finest! Welcome to this adorable log chalet nestled in Lake Harmony Estates! This two bedroom, full bath vacation home offers a full kitchen, stone gas fireplace, hardwood floors, exposed beam ceiling, a partially enclosed 19 x 13 loft area, two maintenance free composite decks, fire pit, patio and a one car garage. A four season short-term-rental friendly community and fully furnished.This home boasts a stellar 5.0 star rating with Airbnb and 9.8 star rating with VRBO! All within a minute of the private lake, community eateries for breakfast, fine dining or pub fare with lake view and other community amenities. Also within five minutes of Jack Frost Mountain and Big Boulder Ski Area for all your winter activities. Close to all Pocono attractions Jim Thorpe, Hickory Run, Lehigh Gorge State Parks, Pocono International raceway, biking and hiking trails and so much more! Call today for your private showing.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

1.59%

Avg. Monthly Income

$2,074

Expenses

N/A

Long-term rental strategy

Cap Rate

1.46%

Avg. Monthly Income

$1,491

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$425,000

47 Lupine Drive

Lake Harmony Estates

3

2

2096sq.ft

Cap rate

2.09%

Occupancy rate

37.00%

property

+ Revenue Estimate

$495,000

15 Skye Drive

Lake Harmony Estates

4

3

2096sq.ft

Cap rate

5.18%

Occupancy rate

25.00%

property

+ Revenue Estimate

$524,900

97 Pineknoll Drive

Lake Harmony Estates

4

2

2096sq.ft

Cap rate

4.59%

Occupancy rate

25.00%

property

+ Revenue Estimate

$400,000

24 Estates Drive

Lake Harmony Estates

2

1

2096sq.ft

Cap rate

1.59%

Occupancy rate

38.00%