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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 furniture so it is turn key. Please see the attached furniture list.Danielle DiMaria, Agent, 2681 State Route 903, Unit 6, PO Box 1754, Albrightsville, PA 18210, Office Phone (570) 234-3754, www.DiMariaRealty.com

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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