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265 Cedar Drive

Long Pond, PA 18334

5

3

2,237 Sq.Ft.

Single Family Residential

$600,000

Year Built

2003

Price per sq.ft

$268

SPECTACULAR LAKEFRONT - Great for large family or as an investment. This 5 bedrooms, 2.5 baths home is currently used as a Short Term Rental. The home has direct access to the lake and public sand beach with playground! Hot tub, above ground pool and sauna great for big party with children. The flat back yard leads directly to the lake and has a cozy fire pit to sit around on those cool nights. As well as Huge Living room, wood-burning fireplace, 2 large dining areas, and game area excellent for family evenings. Just minutes away from community swimming pools, tennis courts and other sport fields. Property is close to the major Pocono attractions - Camelback Ski and Waterpark, Jack Frost, Kalahari, Mount Airy Casino and the 100 outlets in Tannersville.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.39%

Avg. Monthly Income

$5,798

Expenses

$382

Long-term rental strategy

Cap Rate

1.54%

Avg. Monthly Income

$2,503

Expenses

$112

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