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104 Ridge Road

Tobyhanna, PA 18347

4

3

1,836 Sq.Ft.

Single Family Residential

$324,900

Year Built

1990

Price per sq.ft

$177

This Colonial-style residence is ready for new owners to create lasting memories. Nestled among mature trees in the Locust Lake Village, this property offers a serene and picturesque setting. Step inside to discover four beautifully appointed bedrooms, providing ample space for your family or guests. The eat-in kitchen, dining room, and large living room offer comfortable spaces for gatherings and entertainment. Additionally, the full finished basement provides even more versatility for recreation or relaxation. You'll appreciate the convenience of the attached two-car garage, perfect for housing your vehicles and storing outdoor equipment or toys. It's a must-see! Locust Lake Features: Beaches, Swimming, Boating & Fishing in a choice of (3) separate Lakes; A Ski Hill with T-Bar lift; Playgrounds; Sledding Hill; Tennis, Basketball, Volleyball and Shuffleboard Courts; Horseshoe Pits; Bocce; Community Garden; and Community Events!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

6.01%

Avg. Monthly Income

$3,580

Expenses

$336

Long-term rental strategy

Cap Rate

5.58%

Avg. Monthly Income

$2,665

Expenses

$113

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