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1431 Waterfront Drive

Tobyhanna, PA 18466

3

3

2,096 Sq.Ft.

Single Family Residential

$597,000

Year Built

1999

Price per sq.ft

$285

PRICE REDUCED Welcome to your LAKEFRONT OASIS. Imagine sipping your morning coffee on the oversized deck while listing overlooking the wonderful views. Direct lake access right in your backyard. The house offers 3/4 bedrooms and 2.5 baths. You will surely be impress with the new flooring though out the house. The owners have updated the house with a BRAND NEW ROOF. For the investors, the house has been brought up to code so that it can be used as a short term rental property. Furniture and all appliances are all included with the sale. The lower level has a bonus room that can be utilized as a fourth bedroom. This property is located in A Pocono Country Place, a gated and amenity-filled community featuring lakes, beach, pools and much more. Schedule a showing before it's GONE.

Property Investment Potential

Short-term rental strategy

Cap Rate

-0.26%

Avg. Monthly Income

$1,398

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

3.17%

Avg. Monthly Income

$2,874

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$597,000

1431 Waterfront Drive

Pocono Country Place

3

3

2096sq.ft

Cap rate

-0.26%

Occupancy rate

23.00%

property

+ Revenue Estimate

$338,000

1456 Waterfront Drive

Pocono Country Place

3

2

2096sq.ft

Cap rate

-0.18%

Occupancy rate

23.00%

property

+ Revenue Estimate

$250,000

8350 Coyote Drive

Pocono Country Place

5

2

2096sq.ft

Cap rate

1.67%

Occupancy rate

18.00%

property

+ Revenue Estimate

$309,999

9183 Buttonwood Court

Pocono Country Place

3

2

2096sq.ft

Cap rate

1.03%

Occupancy rate

23.00%