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49 S Lake Drive

Lake Harmony, PA 18624

3

2

984 Sq.Ft.

Single Family Residential

$469,000

Year Built

2000

Price per sq.ft

$477

DON'T LET THIS BRIGHT, CHEERY, FEEL GOOD CHALET HOME Pass You By!! Nestled Amid the Serene Beauty of Lake Harmony, Heart of the Pocono Mountains. This Bright Chalet Home offers a Tranquil Retreat with STUNNING VIEWS OF THE LAKE. With 3 bedrooms and 2 Full Baths, it Provides Ample Space for Both Relaxation and Entertainment. Whether Enjoying Morning Coffee on the Deck or Unwinding in the Cozy Living Area, the Beauty of Nature is Always Within Sight. Newer Metal Roof Adds Extra Protection. The Home is Sold Fully Furnished with 3 Kayaks, a Canoe AND a 50 AMP EV Charging Station for Electric Cars as a BONUS! Spacious Yard for Playing Ball With The Kids or Roasting Marshmallows and Hot Dogs Along With Making Memories At The Lake. Currently Used As A STR. Make Your Appointment TODAY!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

2.38%

Avg. Monthly Income

$2,934

Expenses

$322

Long-term rental strategy

Cap Rate

1.07%

Avg. Monthly Income

$1,688

Expenses

$105

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Comparables

property

+ Revenue Estimate

$449,990

21 Sassafras Road

Split Rock and Lake Harmony

3

2

1698sq.ft

Cap rate

2.59%

Occupancy rate

39.00%

property

+ Revenue Estimate

$724,900

66 Chestnut Road

Split Rock and Lake Harmony

5

3

2226sq.ft

Cap rate

4.19%

Occupancy rate

39.00%

property

+ Revenue Estimate

$254,900

491 Moseywood Rd

Split Rock and Lake Harmony

2

2

1250sq.ft

Cap rate

3.74%

Occupancy rate

45.00%

property

+ Revenue Estimate

$799,900

151 S Lake Drive

Split Rock and Lake Harmony

5

3

2976sq.ft

Cap rate

4.62%

Occupancy rate

39.00%