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486 Clearview Drive

Long Pond, PA 18334

4

2

2,400 Sq.Ft.

Single Family Residential

$399,900

Year Built

1976

Price per sq.ft

$167

OPEN HOUSE FRIDAY 10/4 4:00 TO 7:00.Location-Location. Three doors down to the boat launch and lake. Whether you seek a permanent residence for your cherished family or a lucrative investment opportunity. Walking distance to the lake. Located in the highly sought-after community of Emerald Lakes that is STR friendly. This beautifully renovated Raised Ranch/Contemporary style home is ready to exceed your expectations. Spend winter evenings in front of one of two real fireplaces. Community Amenities include: Indoor pool, Tennis courts, Fishing, electric motor boating clubhouse and Beaches. 2 story entry comes with 4 bedrooms and 2 baths. New kitchen with quartz counters, SS appliances, new floors, sliding glass doors lead you to sprawling deck

Property Investment Potential

Short-term rental strategy

Cap Rate

1.65%

Avg. Monthly Income

$2,360

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

4.15%

Avg. Monthly Income

$2,703

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$435,000

1272 Glade Drive

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4

2

2021sq.ft

Cap rate

1.96%

Occupancy rate

16.00%

property

+ Revenue Estimate

$499,000

2133 Wild Laurel Drive

Emerald Lakes

5

2

2096sq.ft

Cap rate

3.88%

Occupancy rate

23.00%

property

+ Revenue Estimate

$447,900

2437 Grey Birch Lane

Emerald Lakes

4

3

2254sq.ft

Cap rate

1.22%

Occupancy rate

16.00%

property

+ Revenue Estimate

$539,000

181 Williams Lane

Emerald Lakes

6

3

2096sq.ft

Cap rate

0.86%

Occupancy rate

23.00%