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383 Berry Lane

Pocono Lake, PA 18347

3

2

1,400 Sq.Ft.

Single Family Residential

$289,000

Year Built

1971

Price per sq.ft

$206

Looking for a Poconos home? Whether for personal use or as an investment property, you're going to want to stop by and check this one out. Featuring 3 bedrooms, 2 bathrooms, 2 living areas, a kitchen, and a sunroom! Classic chalet style home is waiting for the perfect touches to transform this into the woodsy home you've dreamed of or the next lakeside airbnb. Home has large deck and balcony. Walking distance to the community beach, lakes, tennis courts. This property includes an additional parcel of land making it a huge private lot!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

9.65%

Avg. Monthly Income

$4,278

Expenses

$350

Long-term rental strategy

Cap Rate

3.51%

Avg. Monthly Income

$1,731

Expenses

$105

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