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2501 Waterfront Drive

Tobyhanna, PA 18466

5

3

3,320 Sq.Ft.

Single Family Residential

$699,000

Year Built

2022

Price per sq.ft

$211

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST OFFERS ARE DUE TUESDAY SEPTEMBER 26 AT 5PM. NEW CONSTRUCTION COMPLETE! Imagine a looking out over a 54 acre lake at sunset from your private deck. Here is your chance to own a brand new lakefront home located in the amenity filled community of Pocono Country Place. Just under 3000 finished square feet. 5 bedrooms, 3 full bathrooms and space for a possible 6th bedroom. This community is SHORT TERM RENTAL FRIENDLY! Close to I-80, and I-380. You can also enjoy all that the Pocono Mountains has to offer such as Kalahari Waterpark and Camelback Ski Resorts and all the local restaurants. You don't want to miss this opportunity! Seller WILL PROVIDE 1 YEAR WARRANTY AT CLOSING! The house just passed electrical and plumbing inspections and the first insulation inspection. Sheetrock will begin the first week of March.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

4.23%

Avg monthly income

$4,790

Expenses

$361

Long-term rental strategy

Cap Rate

2.52%

Avg monthly income

$2,695

Expenses

$114

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