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44 Short Hill Road

Lake Harmony, PA 18624

4

3

2,096 Sq.Ft.

Single Family Residential

$399,000

Year Built

1988

Price per sq.ft

$190

JACK FROST SLOPESIDE SKI CHALET / SNOW RIDGE VILLAGE 4BR 3BA Chalet Style Mountain Home on quiet Cul-de Sac street in a private slopeside sports community. Just a 2 minute walk to the slopes on Jack Frost Mountain Ski Resort Fully Furnished, move-In ready condition, Nestled on the side of Jack Frost Mountain offers beautiful views of forest and nature making it a dream for outdoor enthusiasts. Great Rental Property. One of the few units with basement storage for kayaks, ski equipment, bikes, & white water rafts Perfect for folks that enjoy the outdoors in any season. Skiing, Snowmobiling, Ice Fishing, World class trout fishing on the Lehigh River located at bottom of mountain. Hiking trails galore, Deer, Pheasant and Bear hunting game lands very close.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.38%

Avg. Monthly Income

$4,609

Expenses

N/A

Long-term rental strategy

Cap Rate

1.73%

Avg. Monthly Income

$2,303

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$270,000

69 Telemark

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2

2096sq.ft

Cap rate

3.52%

Occupancy rate

37.00%

property

+ Revenue Estimate

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16 Free Style Snow Ridge Vil

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3

2

2096sq.ft

Cap rate

3.45%

Occupancy rate

37.00%

property

+ Revenue Estimate

$499,000

40 MOUNTAINWOODS DRIVE

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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%