803 GROUSE POINT
About This Property
The exterior boasts a new roof, complete with new plywood for longevity and peace of mind, as well as new exterior doors that enhance both security and curb appeal. A new deck provides the perfect space for outdoor entertaining or relaxing amidst nature, while the patio at the back offers a charming spot for alfresco dining or a cozy firepit. New windows throughout the home allow natural light to flood the interiors, improving energy efficiency, and an outdoor faucet adds convenience for gardening or outdoor cleaning tasks. The home also features completely new plumbing, including a new water heater and swamp pump, ensuring a reliable water supply and drainage.
803 Grouse Point is part of a sought-after community that allows for short-term rentals and boasts an array of exceptional amenities. Pocono Farms Golf Course offers an 18-hole, PGA-level experience that caters to all skill levels, complete with professional staff and practice facilities. The lake is a natural haven perfect for swimming, boating, and fishing, with community boat access and storage. The community also features recreational facilities including bocce and shuffleboard courts, a basketball court, and a family community center with books and spaces for games. The fitness center is equipped with state-of-the-art equipment, group classes, and personal training, all with a stunning view of the Lake. Outdoor activities are abundant with kayaks and paddleboards available at no additional cost, along with tennis and pickleball courts. The heated Olympic-sized pool is complete with lounge chairs, tables, oversized umbrellas, a pavilion, snack bar, diving board, slide, volleyball net, and a handicapped lowering chair.
This home places you just minutes away from all the major attractions that the Pocono Mountains have to offer. Whether you're into hiking, skiing, or simply enjoying the great outdoors, you'll find it all within easy reach. Don't miss your opportunity to own this stunning vacation home in the Poconos. Schedule your appointment today to experience the perfect blend of luxury and nature at 803 Grouse Point!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017