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49 Forest Drive

Lake Harmony, PA 18624

6

3

2,800 Sq.Ft.

Single Family Residential

$669,000

Year Built

1984

Price per sq.ft

$239

*Property is Under Contract and considering back-up offers only at this time* -- Welcome to your dream retreat in the picturesque Lake Harmony community of the Pocono Mountains. This exceptional property offers the perfect blend of space, comfort, and versatility, making it an ideal vacation home or a lucrative turnkey rental opportunity. Boasting 6 bedrooms, 3 full bathrooms, and approx 2,800+ square feet of living space, this home provides ample room for relaxation and entertainment. This home welcomes you with an entryway showcasing the main accent wall! Take a few steps up to the main floor to truly appreciate the size of this home. Wow, talk about space to entertain! You'll enjoy the open feel of this main floor that makes it easy to fl then to the kitchen! The spacious kitchen is a focal point, featuring an abundance of counter space & cabinets, stainless steel appliances and a breakfast bar ideal with seating. Whether you're hosting a holiday feast or a friendly get-together, this floor provides an ideal layout. Continue the entertaining outside to your oversized wrap around deck or head downstairs to the generous size rec room / game room. Challenge friends to a friendly game of foosball or create a cozy lounge /bar area where everyone can unwind and enjoy each other's company. This versatile space offers flexibility to create your own personalized style tailored to your needs. With six bedrooms, this property offers ample accommodation for family and friends. You'll have 3 bedrooms and 1 full bathroom on the main level and 3 additional bedrooms and 2 full bathrooms on the lower level perfect to provide enough space and privacy. The bedrooms are generously sized (2 of the larger size), providing comfortable retreats after a day of outdoor adventures. Whether you're seeking a private escape or an investment opportunity, this property offers the best of both worlds. Embrace the tranquil surroundings, create cherished memories, and relish the beauty of the mountains. Don't miss your chance to make this exceptional property your very own retreat. (Call agent for details about first deal. FYI there is NO required HOA in Split Rock and STR's are permitted)

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

6.27%

Avg. Monthly Income

$6,256

Expenses

$391

Long-term rental strategy

Cap Rate

2.48%

Avg. Monthly Income

$2,677

Expenses

$113

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