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125 Hillside Terrace, Pocono Lake, PA 18347 (MLS# PM-106721)

125 Hillside Terrace, Pocono Lake, PA 18347

$560,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,106 Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $560,000 List Date: 7/20/2023 Last Modified: 3/03/2025

Description

Property is under contract and considering back up offers at this time. Ready to go rental business grossed over $120,000 in 2022. Sold fully furnished and potentially with future business already being booked. Looking for a great investment that you can enjoy with a large family? This Chalet was built in 2005 so its one of the newest in the area. Rental optimized in several ways. On demand hot water, gas fireplaces, rustic pine ceilings, high vaulted ceilings, futured hot tub space, efficient heating and AC system, large deck, filtered lake views, across the street from the community ski hill with ski lift. These are just a few of the ways this house will generate a solid return on your investment. Ask listing agent about DSCR loan options on this.

More Information MLS# PM-106721

Contract Information

Property Attached YN: No Listing Service: Full Service Lease Considered YN: No Property Sub Type: Single Family Residence Sold Price: $560,000 Current Price: $560,000 Status: Closed Listing Contract Date: 2023-06-06

Location, Tax, and Legal

Parcel Number: 19.11C.1.126 Municipality: Tobyhanna Township High School District: Pocono Mountain Cnty&Muni Taxes (Legacy): 1253.54 School Tax Amount: 4828.75 Tax Annual Amount: 6082.29 Tax Assessed Value: 242590 Tax Book Number: 2624/6001 Zoning Description: Residential

General Property Information

Rooms Total: 11 Bathrooms Half: 0 Above Grade Finished Area: 2882 Below Grade Finished Area: 0 Living Area: 2882 Above Grade Unfinished Area: 224 Below Grade Unfinished Area: 0 Building Area Source: Plans Stories: 3 Year Built Source: Other Fireplace YN: Yes Garage YN: No Lot Size Acres: 0.45 Lot Size Dimensions: 99x199 Association YN: Yes Association Fee: 1432 Association Fee Frequency: Annually Capital Improvement Fee: 1379 List Price/SqFt: 177.08 Sold Price/SqFt: 180.3 Bedrooms Total: 5 Bathrooms Total: 3 Bathrooms Full: 3 Building Area Total: 3106 Year Built: 2005

Remarks and Miscellaneous

Public Historical Remarks: Insulation: Sidewall Insulate, Interior Features: Contemporary, Lot Features: Slope Side, Miscellaneous: Cert of Occ Req'd No, Miscellaneous: Zoning Code R-2, Community Amenities: Lake Use Restriction Public Remarks: Property is under contract and considering back up offers at this time. Ready to go rental business grossed over $120,000 in 2022. Sold fully furnished and potentially with future business already being booked. Looking for a great investment that you can enjoy with a large family? This Chalet was built in 2005 so its one of the newest in the area. Rental optimized in several ways. On demand hot water, gas fireplaces, rustic pine ceilings, high vaulted ceilings, futured hot tub space, efficient heating and AC system, large deck, filtered lake views, across the street from the community ski hill with ski lift. These are just a few of the ways this house will generate a solid return on your investment. Ask listing agent about DSCR loan options on this.

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Disclosures

Right of First Refusal: 1

Possession

Close Of Escrow: 1

Common Walls

No Common Walls: 1

Architectural Style

A-Frame: 1 Chalet: 1 Contemporary: 1

Interior Features

Bar: 1 Wet Bar: 1 Cathedral Ceiling(s): 1 Other: 1

Fireplace Features

Family Room: 1 Living Room: 1 Gas: 1

Flooring

Carpet: 1 Hardwood: 1 Tile: 1

Window Features

Insulated Windows: 1

Construction Materials

Vinyl Siding: 1

Foundation Details

Slab: 1

Roof

Asphalt: 1 Fiberglass: 1

Electric

200+ Amp Service: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Heating

Forced Air: 1 Heat Pump: 1

Water Heater

Propane: 1

Appliances

Electric Range: 1 Refrigerator: 1 Water Heater: 1 Dishwasher: 1 Microwave: 1 Washer: 1 Dryer: 1

Water Source

Well: 1

Sewer

Septic Tank: 1

Patio And Porch Features

Porch: 1 Deck: 1 Screened: 1

Parking Features

Off Street: 1 Driveway: 1

Lot Features

Sloped: 1 Views: 1

Road Frontage Type

Road Frontage Length: 99 Private Road: 1

Road Surface Type

Paved: 1

Road Responsibility

Private Maintained Road: 1

Water Body Type

Lake: 1

Water Body Features

Beach: 1

Association Amenities

Security: 1 Clubhouse: 1 ATVs Allowed: 1 Ski Accessible: 1 Tennis Court(s): 1 Trash: 1

Room Types

Living Room: 1 Living Room Level: Second Family Room: 1 Family Room Level: First Kitchen: 1 Kitchen Level: Second Primary Bedroom: 1 Primary Bedroom Level: Third

Location Tax and Legal

County: Monroe Street Number: 125 Street Name: Hillside Street Suffix: Terrace City (Post Office): Pocono Lake State: PA Postal Code: 18347 Subdivision Name: Locust Lake Village

Status Change Information

Price Change Timestamp: 2023-07-20T22:05:18Z Purchase Contract Date: 2023-07-31 Close Date: 2023-09-14 Close Price: 560000

Property Features

Listing Terms: Cash; Conventional; FHA; VA Loan Disclosures: Right of First Refusal Possession: Close Of Escrow Common Walls: No Common Walls Architectural Style: A-Frame; Chalet; Contemporary Interior Features: Bar; Wet Bar; Cathedral Ceiling(s); Other Fireplace Features: Family Room; Living Room; Gas Flooring: Carpet; Hardwood; Tile Window Features: Insulated Windows Construction Materials: Vinyl Siding Foundation Details: Slab Roof: Asphalt; Fiberglass Electric: 200+ Amp Service Cooling: Ceiling Fan(s); Central Air Heating: Forced Air; Heat Pump Water Heater: Propane Appliances: Electric Range; Refrigerator; Dishwasher; Microwave; Washer; Dryer; Water Heater Water Source: Well Sewer: Septic Tank Patio And Porch Features: Porch; Deck; Screened Parking Features: Off Street; Driveway Lot Features: Sloped; Views Road Frontage Type: Private Road Road Surface Type: Paved Road Responsibility: Private Maintained Road Water Body Type: Lake Water Body Features: Beach Association Amenities: Security; Clubhouse; ATVs Allowed; Ski Accessible; Tennis Court(s); Trash Room Types: Living Room; Kitchen; Primary Bedroom; Family Room

Room Information

Family Room Level: First Length: 37.00 Length: 37.00 Width: 21.00 Width: 21.00 Remarks: Game Room, Den Living Room Level: Second Length: 16.00 Length: 16.00 Width: 25.00 Width: 25.00 Kitchen Level: Second Length: 9.00 Length: 9.00 Width: 17.00 Width: 17.00 Primary Bedroom Level: Third Length: 15.00 Length: 15.00 Width: 20.00 Width: 20.00 Remarks: Primary Suite
Listing Office: RE/MAX Property Specialists - Pocono Lake
IDX
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.