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2006 Candlewood Drive

East Stroudsburg, PA 18301

4

3

1,708 Sq.Ft.

Single Family Residential

$345,000

Year Built

1978

Price per sq.ft

$202

Welcome to your dream mountain retreat with this stunning 4 bedroom, 3 full bath chalet that has undergone a complete remodel, offering you a blend of modern luxury & rustic charm. The spacious open floor plan is enhanced by cathedral ceilings, that allow natural light in. The home boasts luxury vinyl flooring throughout. The heart of this home is the sleek and modern kitchen, featuring top-of-the-line stainless steel appliances, quartz countertops, brand new cabinets and a tile backsplash. A new spiral staircase leads you to the loft area, two bedrooms and bath. The spiral staircase down leads you to a spacious finished basement where you can create a media room, playroom or gym. All the bedrooms in this chalet are generously sized & all bathrooms are updated as well. All new Split units for year-round comfort. Situated in the sought-after Penn Estates that is short term rental friendly, amenity filled and the home is just a few minutes walk to the lake.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

7.54%

Avg. Monthly Income

$4,337

Expenses

$351

Long-term rental strategy

Cap Rate

4.14%

Avg. Monthly Income

$2,341

Expenses

$111

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