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275 Selig Road

Pocono Lake, PA 18347

3

2

2,240 Sq.Ft.

Single Family Residential

$244,000

Year Built

1968

Price per sq.ft

$109

Charming and stylish ranch home located in the amenity filled Locust Lake Village is perfect for year-round living, vacationing, and/or four season short term rental. Enter into the welcoming living room which features a bay window and a wood stove. The peek-a-boo window into the kitchen gives a sneak peek into the large, eat-in kitchen, which boasts country charm, beautiful wooded views and a large deck for entertaining. There are 3 well-sized and freshly painted bedrooms and a spacious full bath.. And if that isn't enough, the unfinished basement with a 2nd bath is full of opportunity - let your imagination flow! This home also boasts a much sought after attached garage, circular driveway, and a scenic yard on a beautiful street. Locust Lake Village features multiple lakes and beaches, playgrounds, athletic courts, a ski-slope, a beautiful and activity-filled Clubhouse, and social/holiday festivities to keep you active, engaged, and busy all year long!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

10.48%

Avg. Monthly Income

$4,015

Expenses

$345

Long-term rental strategy

Cap Rate

6.07%

Avg. Monthly Income

$2,161

Expenses

$109

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Comparables

property

+ Revenue Estimate

$565,000

291 White Pine Drive

Locust Lake Village

4

3

2662sq.ft

Cap rate

0.95%

Occupancy rate

27.00%

property

+ Revenue Estimate

$319,900

329 Selig Road

Locust Lake Village

3

2

1436sq.ft

Cap rate

7.24%

Occupancy rate

54.00%

property

+ Revenue Estimate

$274,900

246 Mountain View Drive

Locust Lake Village

3

2

1156sq.ft

Cap rate

8.90%

Occupancy rate

54.00%

property

+ Revenue Estimate

$244,000

275 Selig Road

Locust Lake Village

3

2

2240sq.ft

Cap rate

10.48%

Occupancy rate

54.00%