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42 Mountainwoods Drive

Lake Harmony, PA 18624

5

4

2,096 Sq.Ft.

Single Family Residential

$555,000

Year Built

2007

Price per sq.ft

$265

LOOKING FOR A PERFECT VACATION HOME IN LAKE HARMONY? LOCATED RIGHT IN LAURELWOODS COMMUNITY LOCATED AT BIG BOULDER LAKE & SKI AREA. IN KIDDER TOWNSHIP WHERE THEY ALLOW 2 PER BEDROOM PLUS 4. UNIQUE AND LARGEST WRAP AROUND END UNIT IN LAURELWOODS WITH A DOUBLE DECK THAT HAS SLOPE & TENNIS COURT VIEWS. 5 BEDROOMS, 3.5 BATH & GAME ROOM! WET BAR, BRAZILIAN CHERRY HARDWOOD FLOORS, ITALIAN PORCELAIN TILE & VINTAGE BRUNSWICK SLATE POOL TABLE. SOLD FULLY FURNISHED AND TURN KEY.

Property Investment Potential

Short-term rental strategy

Cap Rate

2.93%

Avg. Monthly Income

$3,850

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

3.35%

Avg. Monthly Income

$3,235

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$270,000

69 Telemark

Boulder Lake Condos

3

2

2096sq.ft

Cap rate

3.52%

Occupancy rate

37.00%

property

+ Revenue Estimate

$269,900

16 Free Style Snow Ridge Vil

Boulder Lake Condos

3

2

2096sq.ft

Cap rate

3.45%

Occupancy rate

37.00%

property

+ Revenue Estimate

$499,000

40 MOUNTAINWOODS DRIVE

Boulder Lake Condos

5

4

2300sq.ft

Cap rate

2.88%

Occupancy rate

18.00%

property

+ Revenue Estimate

$369,000

7 Midlake Drive, 201A

Boulder Lake Condos

2

2

2096sq.ft

Cap rate

1.63%

Occupancy rate

38.00%