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212 Sandlewood Drive

East Stroudsburg, PA 18301

4

3

2,096 Sq.Ft.

Single Family Residential

$349,900

Year Built

1984

Price per sq.ft

$167

Clean & updated 4 bedroom home in highly sought-after Penn Estates community. Three levels of living ensure space & privacy for all, w/ a full bathroom on each floor. Hard surface flooring throughout, ductless units/mini-splits for seasonal comfort, granite, stainless steel, updated fixtures...lots of nice touches making this home move-in ready. Cozy up to the brick fireplace in the colder season, escape to the deck in the warmer months. Nice level property w/ a paved driveway. The community offers top of class amenities, including lakes, dog park, pools, tennis courts, fitness center & even an on-site convenience store/restaurant. Located for easy access to Stroudsburg/East Stroudsburg, I80 to get to NY/NJ, Route 611 corridor, shopping, medical, skiing, major attractions. Priced to sell!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

7.09%

Avg. Monthly Income

$3,944

Expenses

N/A

Long-term rental strategy

Cap Rate

4.57%

Avg. Monthly Income

$2,280

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$550,000

557 Lakeside Drive

Penn Estates

4

3

2096sq.ft

Cap rate

3.06%

Occupancy rate

41.00%

property

+ Revenue Estimate

$349,900

212 Sandlewood Drive

Penn Estates

4

3

2096sq.ft

Cap rate

7.09%

Occupancy rate

41.00%

property

+ Revenue Estimate

$419,800

7109 Pine Grove Drive

Penn Estates

5

3

2096sq.ft

Cap rate

9.69%

Occupancy rate

56.00%

property

+ Revenue Estimate

$275,000

114 Brewster Way

Penn Estates

5

3

2096sq.ft

Cap rate

15.38%

Occupancy rate

56.00%