Welcome, I am Mark Shay, a realtor focused on investment properties and short-term rental business in the Pocono Mountains area.
More About Me
Pocono Vacation Home Sales & Short-term Rental
Mark’s picks in Pocono area
+ Revenue Estimate
$600,000
1431 Waterfront Drive
Pocono Country Place
3
3
1774sq.ft
Cap rate
0.36%
Occupancy rate
32.00%
+ Revenue Estimate
$310,000
482 Alter Avenue
Stillwater Estates and Lakes Civic Assn
3
1
1056sq.ft
Cap rate
8.34%
Occupancy rate
49.00%
+ Revenue Estimate
$200,000
433 Orono Drive
Arrowhead Lakes
3
1
2016sq.ft
Cap rate
13.54%
Occupancy rate
54.00%
+ Revenue Estimate
$444,000
901-902 L Penn Forest Drive
Indian Mountain Lake
4
3
1650sq.ft
Cap rate
5.90%
Occupancy rate
49.00%
+ Revenue Estimate
$425,000
47 Lupine Drive
Lake Harmony Estates
3
2
1300sq.ft
Cap rate
3.11%
Occupancy rate
42.00%
+ Revenue Estimate
$335,000
109 Rising Sun Court
Locust Lake Village
3
2
1479sq.ft
Cap rate
7.28%
Occupancy rate
54.00%
+ Revenue Estimate
$550,000
557 Lakeside Drive
Penn Estates
4
3
2072sq.ft
Cap rate
3.12%
Occupancy rate
45.00%
+ Revenue Estimate
$295,000
33 Down Hill
Boulder Lake Condos
3
2
1456sq.ft
Cap rate
5.17%
Occupancy rate
42.00%
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Latest Articles
August 31, 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 17, 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.
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.
May 01, 2024
Lately I’ve been hearing that the STR business in the Poconos is down and that the market is oversaturated. Some of my clients are doing quite well, some not as well as they hoped. It’s a good time for a deeper discussion about the potential to operate a profitable STR in the Poconos. According toContinue reading "Can You Still Make Money with Short-term Rentals in the Poconos?"
The post Can You Still Make Money with Short-term Rentals in the Poconos? appeared first on Pocono Vacation Home Sales & Short-term Rental.
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