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329 Selig Road

Pocono Lake, PA 18347

3

2

1,436 Sq.Ft.

Single Family Residential

$319,900

Year Built

1991

Price per sq.ft

$223

Welcome to this turnkey property that is the perfect home away from home or vacation rental! Boasting 3 large bedrooms, a loft area, a large kitchen, comfy living room with wood burning fireplace plus an outdoor patio with firepit gives you room for everyone. This is a true 4 season mountain home overflowing with community amenities. There is always something to do with 3 lakes with beaches for swimming, boating, and fishing, a ski hill with T-bar lift, sledding hill, playgrounds, tennis, basketball and volleyball courts, bocce, shuffleboard, a community garden and all types of events. You can leave your car in the driveway and take your ATV or golf cart wherever you wish. In a great location and close to all the Poconos has to offer! All furniture and housewares included!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

7.24%

Avg. Monthly Income

$4,015

Expenses

$345

Long-term rental strategy

Cap Rate

3.02%

Avg. Monthly Income

$1,908

Expenses

$107

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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%