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25 S Lehigh River Drive

Clifton Township, PA 18424

3

2

1,920 Sq.Ft.

Single Family Residential

$329,000

Year Built

0

Price per sq.ft

$171

Successful vacation rental home in lovely Big Bass Lake, one of the few remaining ''Resort Communities'' in the Poconos. Big Bass Lake is a gated, amenity rich community with a clubhouse, nice-sized lakes, indoor & outdoor pools, fitness center and more, the Pocono's finest Gold-Star Certified community! Also very STR-friendly with many existing rentals. This corner lot, raised ranch home has a newly renovated ground floor with recently updated upstairs. Lower level is all above ground, on a slab, no crawl space! Septic system passed the community's required dye test. Comes fully furnished with nearly all brand-new furnishings (seller spent over $40,000).

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

2.54%

Avg. Monthly Income

$2,232

Expenses

$308

Long-term rental strategy

Cap Rate

0.65%

Avg. Monthly Income

$1,096

Expenses

$100

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Comparables

property

+ Revenue Estimate

$329,000

25 S Lehigh River Drive

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3

2

1920sq.ft

Cap rate

2.54%

Occupancy rate

39.00%

property

+ Revenue Estimate

$325,000

87 W Creek View Drive

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3

2

1455sq.ft

Cap rate

2.19%

Occupancy rate

39.00%

property

+ Revenue Estimate

$299,000

77 Livingston Lane

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3

2

1864sq.ft

Cap rate

0.92%

Occupancy rate

39.00%

property

+ Revenue Estimate

$349,900

43 Mountainside Drive

Big Bass Lake

4

3

2126sq.ft

Cap rate

7.37%

Occupancy rate

45.00%