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Pocono Vacation Home Sales & Short-term Rental

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Welcome, I am Mark Shay, a realtor focused on investment properties and short-term rental business in the Pocono Mountains area.

More About Me

Mark’s picks in Pocono area

property

+ Revenue Estimate

$444,000

901-902 L Penn Forest Drive

Indian Mountain Lake

4

3

1650sq.ft

Cap rate

4.55%

Occupancy rate

42.00%

property

+ Revenue Estimate

$269,000

147 Lipo Way

Towamensing Trails

3

2

1276sq.ft

Cap rate

6.58%

Occupancy rate

45.00%

property

+ Revenue Estimate

$559,000

196 Elk Drive

Brier Crest Woods

4

3

3400sq.ft

Cap rate

2.40%

Occupancy rate

38.00%

property

+ Revenue Estimate

$375,000

360 Fawn Road

Locust Lake Village

4

2

1520sq.ft

Cap rate

2.21%

Occupancy rate

32.00%

property

+ Revenue Estimate

$549,000

1431 Waterfront Drive

Pocono Country Place

3

3

1762sq.ft

Cap rate

1.32%

Occupancy rate

39.00%

property

+ Revenue Estimate

$339,900

33 Down Hill

Boulder Lake Condos

3

2

1456sq.ft

Cap rate

4.45%

Occupancy rate

43.00%

property

+ Revenue Estimate

$549,900

218 Hermit Thrush Road

Camelot, Greenwood, Pinecrest

3

3

5396sq.ft

Cap rate

1.21%

Occupancy rate

39.00%

property

+ Revenue Estimate

$265,000

137 Echo Lake Road

Pocono Farms

4

3

2200sq.ft

Cap rate

6.37%

Occupancy rate

38.00%

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Testimonials

Jcarmody73

Bought a Single Family home in 2022 in Pocono lake, PA

When it was still definitely a seller's market, Mark found our ideal spot in Poconos where we could start our Short Term Rental venture. He gave that extra touch to make sure our bid was completive and won. Thanks Mark and hope to obtain more properties in Poconos with Mark!

Susan perez01

Bought a Single Family home in 2022 in Albrightsville, PA

Highly recommend! Fantastic Realtor with extensive knowledge. I am a first time home buyer and he was a huge help every step of the way. He helped me find my vacation/investment home in a wonderful lake community.

Andrew peckham

Bought a Single Family home in 2021 in Albrightsville, PA.

Mark was really great! He was very knowledgeable about the area and key to us picking the right neighborhood to search for our vacation home. He was extremely helpful in ensuring that we could look at places on our limited time schedule and with our little kiddos! He kept in touch throughout the process and continues to reach out to make sure everything is going smoothly.

Samuel Everett

Jim Thorpe, PA 2022

Mark Shay made the purchase of my new STR in Jim Thorpe almost effortless. Based on my criteria, he had a list of homes to choose from within an hour of my request. I am not from the area, so Mark connected me with vendors and helped me safely navigate the STR licensing process. Mark Shay is a great realtor and ambassador for the Poconos mountain community and I highly recommend him for your home purchase journey.

Jcarmody73

Bought a Single Family home in 2022 in Pocono lake, PA

When it was still definitely a seller's market, Mark found our ideal spot in Poconos where we could start our Short Term Rental venture. He gave that extra touch to make sure our bid was completive and won. Thanks Mark and hope to obtain more properties in Poconos with Mark!

Susan perez01

Bought a Single Family home in 2022 in Albrightsville, PA

Highly recommend! Fantastic Realtor with extensive knowledge. I am a first time home buyer and he was a huge help every step of the way. He helped me find my vacation/investment home in a wonderful lake community.

Latest Articles

January 05, 2024

NOTE: Tobyhanna Township approved a short-term rental ordinance in 2022. A revision to the ordinance was adopted on February, 20 2024. This changed the occupancy limit to 2 per bedroom + 2 and reduced fines for violations to be within state guidelines. The provision to cap the number of STR licenses to 10% was removedContinue 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.

November 30, 2023

As we end 2023, here some insight on the vacation home rental market and investment outlook for the Poconos. Overall Poconos home sales are down, home sale prices seem stable, rental income is down, and rental stays (nights booked) are holding steady. When it comes to homes for sale, we are seeing a bifurcated marketContinue reading "Pocono STR and Real Estate Market Update – Fall/Winter 2023"

The post Pocono STR and Real Estate Market Update – Fall/Winter 2023 appeared first on Pocono Vacation Home Sales & Short-term Rental.

August 17, 2023

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.

July 03, 2023

Some communities are more friendly to VRBO and Airbnb, others oppose the practice.  Here is an summary drawn from various HOAs (Home Owner Associations) and township regulations. Last Updated: February, 2024 ARROWHEAD LAKE (Coolbaugh Township and Tobyhanna Township, PA) As one of the area’s most recognized vacation home communities, Arrowhead Lake has a rich traditionContinue reading "Short-term Rental Friendly Pocono Communities"

The post Short-term Rental Friendly Pocono Communities appeared first on Pocono Vacation Home Sales & Short-term Rental.

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