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32 Chestnut Road

Lake Harmony, PA 18624

5

3

2,700 Sq.Ft.

Single Family Residential

$749,000

Year Built

2013

Price per sq.ft

$277

GORGEOUS three story CHALET in SPLIT ROCK in the POCONOS!! This 5 bed 3 bath home is an active SHORT TERM RENTAL & comes TURNKEY FULLY FURNISHED! The ground floor provides several entertainment choices including the pool table, shuffleboard table, & arcade game while also making room for laundry & bedrooms. The stunning main level is highlighted by a stone fireplace that reaches high to the vaulted ceiling, kitchen island, & leather couches. The top floor boasts a vast MASTER SUITE & office that overlooks the country luxury so sought after. The rustic touches of the tongue & groove wood ceiling, log railings, & bedroom furniture exemplify this quintessential POCONO MOUNTAIN CHALET! Conveniently located near all the POCONO ATTRACTIONS, this home makes the ideal INVESTMENT!! Don't miss out!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

3.97%

Avg. Monthly Income

$5,800

Expenses

$382

Long-term rental strategy

Cap Rate

1.31%

Avg. Monthly Income

$2,801

Expenses

$114

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Comparables

property

+ Revenue Estimate

$449,990

21 Sassafras Road

Split Rock and Lake Harmony

3

2

1698sq.ft

Cap rate

2.59%

Occupancy rate

39.00%

property

+ Revenue Estimate

$724,900

66 Chestnut Road

Split Rock and Lake Harmony

5

3

2226sq.ft

Cap rate

4.19%

Occupancy rate

39.00%

property

+ Revenue Estimate

$254,900

491 Moseywood Rd

Split Rock and Lake Harmony

2

2

1250sq.ft

Cap rate

3.74%

Occupancy rate

45.00%

property

+ Revenue Estimate

$799,900

151 S Lake Drive

Split Rock and Lake Harmony

5

3

2976sq.ft

Cap rate

4.62%

Occupancy rate

39.00%