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
Last Updated: March - 03 - 2025
Information deemed reliable but not guaranteed.