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31 Locust Lane

Albrightsville, PA 18210

2

1

768 Sq.Ft.

Single Family Residential

$163,500

Year Built

1971

Price per sq.ft

$213

An adorable woodsy cottage in Indian Mountain lakes on 1 acre! 2 bedroom and 1 bath getaway with little exterior maintenance and plenty of outdoor space to enjoy all of the wonderful outdoor activities here in the Poconos! There is a new wood burning stove with stone face fireplace in the living room. Also a propane stove near the side door. The kitchen is eat in and open to the living area. There is a hook up for a whole house generator. There is also a dusk til dawn light with a monthly fee to PPL for $24. Indian Mountain Lakes is a gated community that features many fun amenities like lakes, pools, walking path, playground, basketball court and tennis courts. This is a STR friendly community and comes with some furniture. Please see the attached furniture list.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

9.55%

Avg. Monthly Income

$2,763

Expenses

$319

Long-term rental strategy

Cap Rate

4.87%

Avg. Monthly Income

$1,404

Expenses

$103

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