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588 N LAKE DRIVE

Lake Harmony, PA 18624

2

1

600 Sq.Ft.

Single Family Residential

$260,000

Year Built

1975

Price per sq.ft

$433

Welcome to this rustic modern cabin in the Pocono woods on Lake Harmony! One of the few houses grandfathered into no HOA fees & no road maintenance. Large front deck perfect for hosting family BBQ & bonfires. Equipped with a large sunroom, and optional keyless entry into home. Entire house has beautiful hardwood flooring & a stunning stone fireplace for a true cabin feel. Has a bathroom & bedroom on main floor, as well as a large angled loft upstairs, fitting up to 4 beds. Partially finished downstairs has so many possibilities and includes washer &dryer hookup. Close to Jack Frost and Big Boulder Ski Resorts. **Cabin has largest double lot in area, great for building. **Caution, back deck is unfinished.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.52%

Avg. Monthly Income

$2,456

Expenses

$312

Long-term rental strategy

Cap Rate

1.86%

Avg. Monthly Income

$976

Expenses

$99

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