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2595 Waterfront Drive

Tobyhanna, PA 18466

4

3

2,550 Sq.Ft.

Single Family Residential

$385,000

Year Built

1986

Price per sq.ft

$151

Successful STR - 4 BR, 3 full bath spacious home just a few houses away from the lake. The great room boasts big bright windows and vaulted ceilings to accentuate the open concept living room , dining room, kitchen. Game room and bonus extra room are apart from the living room so plenty of space for everyone. Bedrooms upstairs, one has balcony. Garage is ready to blend into the living space to continue the success of this vacation rental property, or take advantage of the price and live here full time. Public Water, Public Sewer, no Septic - Witness the new APCP!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.43%

Avg. Monthly Income

$3,580

Expenses

$336

Long-term rental strategy

Cap Rate

4.6%

Avg. Monthly Income

$2,500

Expenses

$112

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Comparables

property

+ Revenue Estimate

$385,000

2595 Waterfront Drive

Pocono Country Place

4

3

2550sq.ft

Cap rate

5.43%

Occupancy rate

41.00%

property

+ Revenue Estimate

$168,000

1557 Black Birch Way

Pocono Country Place

3

2

1650sq.ft

Cap rate

7.57%

Occupancy rate

37.00%

property

+ Revenue Estimate

$229,999

1621 Sunny Side Drive

Pocono Country Place

3

2

1080sq.ft

Cap rate

4.77%

Occupancy rate

37.00%

property

+ Revenue Estimate

$549,000

1431 Waterfront Drive

Pocono Country Place

3

3

1762sq.ft

Cap rate

1.02%

Occupancy rate

37.00%