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
269 Big Pocono Pass
Others (BCL, BMLE, Tunkhannock, White Haven)
3
4
Cap rate
-0.83%
Occupancy rate
29.00%
+ Revenue Estimate
216 Overlook Drive
Penn Estates
4
3
Cap rate
2.95%
Occupancy rate
40.00%
+ Revenue Estimate
5155 Hounds Ear Road
Pocono Farms
5
4
Cap rate
6.41%
Occupancy rate
37.00%
+ Revenue Estimate
218 Hermit Thrush Road
Camelot, Greenwood, Pinecrest
3
3
Cap rate
-0.49%
Occupancy rate
36.00%
+ Revenue Estimate
56 Estates Drive
Lake Harmony Estates
8
5
Cap rate
-0.22%
Occupancy rate
37.00%
+ Revenue Estimate
104 Ridge Road
Locust Lake Village
4
3
Cap rate
4.73%
Occupancy rate
39.00%
+ Revenue Estimate
795 Clearview Drive
Emerald Lakes
4
3
Cap rate
5.83%
Occupancy rate
38.00%
+ Revenue Estimate
901-902 L Penn Forest Drive
Indian Mountain Lake
4
3
Cap rate
4.00%
Occupancy rate
39.00%
March 28, 2024
On March 7, 2024, the picturesque Camelback Resort in Tannersville, PA played host to the first-ever Poconos STR Conference, marking a significant milestone for the Poconos Association of Vacation Rental Owners (Poconos VRO), the local industry trade association. Co-sponsored by the Pocono Mountain Visitors Bureau (PMVB) and the Pocono Mountain Association of Realtors (PMAR), thisContinue reading "Poconos STR Conference 2024 Raises Awareness and Gives a Boost to the Poconos Vacation Rental Industry"
The post Poconos STR Conference 2024 Raises Awareness and Gives a Boost to the Poconos Vacation Rental Industry appeared first on Pocono Vacation Home Sales & Short-term Rental.
March 19, 2024
On March 18, 2024 in a packed township meeting, the Tobyhanna Township Board of Supervisors voted 3 to 2 to Cap the number of STR licenses at a number that equals 12% of the number of homes. The Cap was originally proposed at 10% but in the discussion portion of the meeting the administrative staffContinue reading "Tobyhanna Township Adopts a Cap on Vacation Rental Properties"
The post Tobyhanna Township Adopts a Cap on Vacation Rental Properties appeared first on Pocono Vacation Home Sales & Short-term Rental.
January 05, 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.
January 03, 2024
Here some insight on the vacation home rental market and investment outlook for short-term rental properties in the Poconos for 2024. Overall Poconos home sales are down, home sale prices seem stable, total rental income is down slightly, and rental stays (nights booked) are holding steady. When it comes to homes for sale, we areContinue reading "Pocono STR and Real Estate Market Update – Winter/Spring 2024"
The post Pocono STR and Real Estate Market Update – Winter/Spring 2024 appeared first on Pocono Vacation Home Sales & Short-term Rental.