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1217 Kensington Drive

East Stroudsburg, PA 18301

4

4

3,562 Sq.Ft.

Single Family Residential

$495,000

Year Built

2007

Price per sq.ft

$139

Property under contract. Lovely colonial home in Penn Estates, ideal for vacation rental, vacation home or as your primary home. Operated as a luxury STR for the past few years, the is ready to go. Central A/C, rear deck, 2 car garage, with public water and sewer! Nicely appointed interiors with a gas fireplace and nice kitchen with quartz countertops and stainless-steel appliances. Finished lower level currently used as a game room has its own bathroom and walk-out to patio. AirBnB is one use, ideal for investors. Move-in condition is another use, close to town and Route 80.

Property Investment Potential

Short-term rental strategy

Cap Rate

3.64%

Avg. Monthly Income

$3,890

Expenses

$342

Long-term rental strategy

Optimal strategy

Cap Rate

3.86%

Avg. Monthly Income

$3,152

Expenses

$117

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2

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Occupancy rate

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Occupancy rate

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1905 Exeter Terrace

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Cap rate

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Occupancy rate

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