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3155 Greenbriar Drive

East Stroudsburg, PA 18301

4

3

1,891 Sq.Ft.

Single Family Residential

$385,000

Year Built

1979

Price per sq.ft

$204

Just reduced and priced to sell!! The buyer had cold feet and defaulted. Their loss is your gain!! Inspections are done and available, FHA appraisal came in at value with no repairs!! Radon test came in low!! This home is in great shape and ready for it's new owners!! Step into the allure of 3155 Greenbriar Dr. where luxury meets adventure in this captivating 4-bedroom STR-Friendly sanctuary, nestled within the vibrant community of Penn Estates. Discover the essence of Poconos living, mere moments from the exhilarating slopes of Camelback Mountain, the dazzling lights of Mt Airy Casino, and the tranquil embrace of the Delaware River. With effortless access to Route 80 and the bustling hubs of Stroudsburg and East Stroudsburg, every day is an escapade waiting to unfold.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.15%

Avg. Monthly Income

$4,052

Expenses

$345

Long-term rental strategy

Cap Rate

4.32%

Avg. Monthly Income

$2,893

Expenses

$115

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Comparables

property

+ Revenue Estimate

$550,000

557 Lakeside Drive

Penn Estates

4

3

2072sq.ft

Cap rate

3.23%

Occupancy rate

42.00%

property

+ Revenue Estimate

$275,000

114 Brewster Way

Penn Estates

5

3

2265sq.ft

Cap rate

18.83%

Occupancy rate

48.00%

property

+ Revenue Estimate

$385,000

3155 Greenbriar Drive

Penn Estates

4

3

1891sq.ft

Cap rate

5.15%

Occupancy rate

42.00%

property

+ Revenue Estimate

$460,000

117 Diane Court

Penn Estates

5

3

2376sq.ft

Cap rate

10.81%

Occupancy rate

48.00%