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1456 Waterfront Drive

Tobyhanna, PA 18466

3

2

1,722 Sq.Ft.

Single Family Residential

$278,000

Year Built

1977

Price per sq.ft

$161

TURN KEY! A beautiful lake view home with new windows, this one is for you! Short Term Rental Friendly community! This property offers three bedrooms, two full bathrooms and an open floor plan that connects the kitchen w/new Appliances to the living room with a wood burning fireplace. New flooring, New roof installed in 2020. Large parking area with landscaped river stone.Close to Rt 80, shopping, Mt. Airy Casino, Kalahari Resort, Aquatopia, Camelback Skiing resort, state parks, water sports, hiking, fishing, hunting and some much more.

Property Investment Potential

Short-term rental strategy

Cap Rate

2.68%

Avg. Monthly Income

$2,124

Expenses

$305

Long-term rental strategy

Optimal strategy

Cap Rate

4.75%

Avg. Monthly Income

$2,113

Expenses

$109

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