Welcome, I am Mark Shay, a realtor focused on investment properties and short-term rental business in the Pocono Mountains area.
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+ Revenue Estimate
1070 Aspen Road
Others (BCL, BMLE, Tunkhannock, White Haven)
4
2
Cap rate
19.65%
Occupancy rate
59.00%
+ Revenue Estimate
117 Shawnee Drive
Arrowhead Lakes
3
2
Cap rate
10.10%
Occupancy rate
54.00%
+ Revenue Estimate
43 Mountainside Drive
Big Bass Lake
4
3
Cap rate
6.37%
Occupancy rate
41.00%
+ Revenue Estimate
109 Rising Sun Court
Locust Lake Village
3
2
Cap rate
7.68%
Occupancy rate
54.00%
+ Revenue Estimate
124 Cranberry Drive
Camelot, Greenwood, Pinecrest
4
3
Cap rate
1.90%
Occupancy rate
25.00%
+ Revenue Estimate
47 Lupine Drive
Lake Harmony Estates
3
2
Cap rate
3.11%
Occupancy rate
42.00%
+ Revenue Estimate
123 Buck Hill Road
Brier Crest Woods
4
2
Cap rate
3.11%
Occupancy rate
25.00%
+ Revenue Estimate
557 Lakeside Drive
Penn Estates
4
3
Cap rate
3.12%
Occupancy rate
45.00%
September 25, 2024
The seller’s market may be over, and a balanced market may finally be here in the Poconos Vacation Home Market. The economic data of the nation’s economy points us to a “soft landing” as interest rates are declining ahead of what is predicted to be official cuts and the rapidly escalating home prices have plateaued.Continue reading "Pocono STR and Vacation Home Real Estate Market Update – Fall 2024"
The post Pocono STR and Vacation Home Real Estate Market Update – Fall 2024 appeared first on Pocono Vacation Home Sales & Short-term Rental.
September 12, 2024
There has been two significant win in Commonwealth Court in a case called Ruffled Grouse Ridge Owners Association versus Charles Hura. The second in a case called L. Chan; et al. v. The Assoc. of Property Owners of The Hideout, Inc. In both cases, HOA’s were determined to have gone well beyond their founding authorityContinue reading "Short-Term Rentals Win Two Big Victories in Pennsylvania’s Commonwealth Courts"
The post Short-Term Rentals Win Two Big Victories in Pennsylvania’s Commonwealth Courts appeared first on Pocono Vacation Home Sales & Short-term Rental.
August 01, 2024
Tourism is synonymous with the Poconos. It has been a catalyst for much of the growth in the region including good paying jobs, a resilient tax base and preserving the natural character of the area. It is hard to ignore the impacts of the tourism industry across the spectrum. Revenue, Jobs and Local Business SupportContinue reading "Let’s all be Good Neighbors to our Vacation Rental Guests"
The post Let’s all be Good Neighbors to our Vacation Rental Guests appeared first on Pocono Vacation Home Sales & Short-term Rental.
June 27, 2024
Mention HOA and many people think of cumbersome regulations, restrictive committees and added expenses. Here in the Poconos, we have our share of these, but we also have many communities which were built as vacation/resort communities and the HOA serve to bring attractive amenities and a pleasant vacation experience for homeowners and guests. As aContinue reading "Top 10 STR-Friendly Communities in the Poconos"
The post Top 10 STR-Friendly Communities in the Poconos appeared first on Pocono Vacation Home Sales & Short-term Rental.