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89 Split Rock Road

Lake Harmony, PA 18624

4

2

2,096 Sq.Ft.

Single Family Residential

$577,500

Year Built

1980

Price per sq.ft

$276

Extreme price drop! Ready to sell! BEST CURB APPEAL IN THE POCONOS! This Split Rock Resort A-Frame Chalet embodies the Poconos. With an unrivaled outdoor oasis on the expansive 900+ sqft deck, and towering ceilings with exposed beams, this home IS the Poconos. The massive family room has soaring 12+ foot ceilings, creating an open and airy atmosphere. With ample space and the potential to add 2 more bedrooms, this home offers it all! The location is a short 3 MINUTE drive to H2Oooohh!!! You'll also have a members only beach & lake, an observation deck, lakefront dining, indoor gym, 2 ski resorts, golf courses, and much more all within 1 mile.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

4.05%

Avg. Monthly Income

$4,609

Expenses

N/A

Long-term rental strategy

Cap Rate

2.21%

Avg. Monthly Income

$2,666

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$440,000

21 Sassafras Road

Split Rock and Lake Harmony

3

2

2096sq.ft

Cap rate

2.11%

Occupancy rate

37.00%

property

+ Revenue Estimate

$575,000

46 Split Rock Road

Split Rock and Lake Harmony

5

3

2096sq.ft

Cap rate

2.90%

Occupancy rate

18.00%

property

+ Revenue Estimate

$245,000

491 Moseywood Rd

Split Rock and Lake Harmony

2

2

2096sq.ft

Cap rate

3.13%

Occupancy rate

38.00%

property

+ Revenue Estimate

$775,000

151 S Lake Drive

Split Rock and Lake Harmony

5

3

2096sq.ft

Cap rate

2.54%

Occupancy rate

18.00%