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323 Sidney Avenue

Pocono Summit, PA 18346

3

2

1,994 Sq.Ft.

Single Family Residential

$329,900

Year Built

1975

Price per sq.ft

$165

Welcome to your dream chalet retreat! This contemporary beauty boasts vaulted ceilings, a cozy fireplace, hardwood floors and floods of natural light from floor to ceiling windows. The spacious addition provides ample room for entertaining, with a huge family room area, and bonus room that could be a home office or guest room. Relax in the primary bedroom with double closets and full bath. The updated kitchen features a convenient breakfast bar and separate eat-in area. Step out through the French doors from the family room to the huge deck overlooking a flat, cleared backyard-perfect for outdoor fun! Located in an amenity filled community, just a stroll away from the tranquil lake. Your mountain oasis awaits!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

6.81%

Avg. Monthly Income

$3,874

Expenses

$342

Long-term rental strategy

Cap Rate

4.55%

Avg. Monthly Income

$2,350

Expenses

$111

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Comparables

property

+ Revenue Estimate

$370,000

1191 Chickadee Drive

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4

3

2056sq.ft

Cap rate

6.40%

Occupancy rate

38.00%

property

+ Revenue Estimate

$310,000

482 Alter Avenue

Stillwater Estates and Lakes Civic Assn

3

1

1056sq.ft

Cap rate

8.34%

Occupancy rate

49.00%

property

+ Revenue Estimate

$329,900

323 Sidney Avenue

Stillwater Estates and Lakes Civic Assn

3

2

1994sq.ft

Cap rate

6.81%

Occupancy rate

49.00%

property

+ Revenue Estimate

$440,000

3137 Fern Road

Stillwater Estates and Lakes Civic Assn

5

3

2350sq.ft

Cap rate

8.44%

Occupancy rate

40.00%