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48 Mountainwoods Drive

Lake Harmony, PA 18624

5

4

2,096 Sq.Ft.

Single Family Residential

$549,900

Year Built

2007

Price per sq.ft

$262

Welcome to your dream retreat in the picturesque Lake Harmony! This stunning 5-bedroom, 3 1/2-bathroom property is an active short term rental making it an excellent investment opportunity. Step inside and be greeted by the grandeur of a two-story living room, adorned with a floor-to-ceiling stone fireplace that adds warmth and charm to the space. The luxury flooring throughout the house adds a touch of sophistication to the overall aesthetic. This delightful home is conveniently located near the renowned Big Boulder Ski area, providing easy access to thrilling winter adventure. The fully finished basement is an inviting space, offering a slider that leads to the common grounds. A peaceful getaway or a lucrative investment, this Lake Harmony gem has it all

Property Investment Potential

Short-term rental strategy

Cap Rate

2.02%

Avg. Monthly Income

$3,850

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

2.3%

Avg. Monthly Income

$3,161

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%