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389 Orono Drive

Pocono Lake, PA 18347

2

1

1,010 Sq.Ft.

Single Family Residential

$279,900

Year Built

1976

Price per sq.ft

$277

STR INVESTORS THIS ONE'S FOR YOU! New roof, deck, floors, windows, kitchen, and bathroom! 389 Orono is a perfect next rental for your portfolio with a packed Summer calendar. With the home fully furnished, you don't have to lift a finger, start renting day one. Want a value add opportunity? Finish the large basement and put your own touch on the house. Second lot included, ensuring total privacy to new owner. You don't want to miss this one in amenity filled arrowhead lakes.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.84%

Avg. Monthly Income

$3,176

Expenses

$327

Long-term rental strategy

Cap Rate

2.34%

Avg. Monthly Income

$1,551

Expenses

$104

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