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1456 WATERFRONT DRIVE
Tobyhanna, PA 18466
3
2
1,800 Sq.Ft.
Single Family Residential
$349,000
Year Built
1977
Price per sq.ft
$194
IMMACULATE LAKE VIEW WITH EASY LAKE ACCESS !TURN KEY! A beautiful lake view home with new windows, 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
1.68%
Avg. Monthly Income
$2,150
Expenses
$306
Long-term rental strategy
Optimal strategyCap Rate
3.64%
Avg. Monthly Income
$2,237
Expenses
$110
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Comparables
+ Revenue Estimate
$349,000
1456 WATERFRONT DRIVE
Pocono Country Place
3
2
1800sq.ft
Cap rate
1.68%
Occupancy rate
37.00%
+ Revenue Estimate
$299,900
6420 Marvin Gardens
Pocono Country Place
4
2
1960sq.ft
Cap rate
7.60%
Occupancy rate
41.00%
+ Revenue Estimate
$250,000
8350 Coyote Drive
Pocono Country Place
5
2
2073sq.ft
Cap rate
12.96%
Occupancy rate
40.00%
+ Revenue Estimate
$309,999
9183 Buttonwood Court
Pocono Country Place
3
2
1252sq.ft
Cap rate
3.21%
Occupancy rate
37.00%
