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216 Overlook Drive

East Stroudsburg, PA 18301

4

3

2,631 Sq.Ft.

Single Family Residential

$659,900

Year Built

1981

Price per sq.ft

$251

Experience the essence of peaceful elegance in this beautifully appointed lakefront haven nestled within the renowned Penn Estates Development. As a cherished gem in the serene Pocono landscape, this home marries affordability with high-end features, crafting an experience that is both exclusive and accessible. As you cross the threshold, be drawn into the expansive sunken great room, adorned with a striking brick fireplace, vaulted ceilings, and floor-to-ceiling windows that showcase the magnificent lake view--bringing the allure of the lakefront right into your living room. The room opens onto a generous deck, your personal vantage point for soaking in the serene beauty of the lake and its environs.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

3.12%

Avg. Monthly Income

$4,028

Expenses

$345

Long-term rental strategy

Cap Rate

2.42%

Avg. Monthly Income

$2,736

Expenses

$114

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