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416 Hyland Drive

East Stroudsburg, PA 18301

4

3

2,994 Sq.Ft.

Single Family Residential

$429,900

Year Built

1989

Price per sq.ft

$144

Property is Under Contract and considering back-up offers only at this time. 3-level 4bd/3ba Contemporary located in a STR friendly community that offers a wealth of amenities. The BRIGHT & AIRY Living Room has a STONE FIREPLACE that seamlessly flows into the Dining Area w/ sliders leading to the screen porch, perfect for enjoying the quiet surroundings. UPDATED Kitchen has skylights that flood the space w/ natural light & sliders to the back deck, ideal for outdoor entertaining. The main floor has a SPACIOUS bd & a bath w/ a jetted tub. Upstairs has 2bds, full bath & a loft area, offering versatile space. Downstairs is dedicated to leisure & entertainment, boasting a Family Room w/ a wet bar & a brick wood stove, 4th bd, & a full bath w/ laundry. This home also has a front porch, 2 car garage, circular driveway, public water/sewer, & for optimal comfort, this home is equipped w/ wall-mounted split systems for personalized climate control.

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

5.32%

Avg. Monthly Income

$4,271

Expenses

$350

Long-term rental strategy

Cap Rate

3.9%

Avg. Monthly Income

$2,807

Expenses

$114

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