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46 Driftwood Drive

Pocono Lake, PA 18347

4

4

2,884 Sq.Ft.

Single Family Residential

$489,000

Year Built

2007

Price per sq.ft

$170

Colonial-style home nestled in the serene setting of GREENWOOD ACRES. It seems to offer a blend of traditional charm and contemporary convenience, making it an appealing retreat. The first-floor primary bedroom suite and spacious kitchen suggest a focus on comfort and functionality, while the great room with a propane fireplace likely serves as a cozy gathering spot. The presence of a second primary bedroom suite and two additional bedrooms upstairs implies ample space for family or guests. The two-car garage adds practicality to the property, and the mention of sunsets streaming into the living room hints at breathtaking views. Overall, this residence appears to offer a harmonious balance of classic elegance and modern amenities, promising a sanctuary with every detail.

Property Investment Potential

Short-term rental strategy

Cap Rate

0.94%

Avg. Monthly Income

$2,347

Expenses

$310

Long-term rental strategy

Optimal strategy

Cap Rate

2.45%

Avg. Monthly Income

$2,453

Expenses

$111

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Comparables

property

+ Revenue Estimate

$495,000

124 Cranberry Drive

Camelot, Greenwood, Pinecrest

4

3

2448sq.ft

Cap rate

3.71%

Occupancy rate

37.00%

property

+ Revenue Estimate

$519,900

218 Hermit Thrush Road

Camelot, Greenwood, Pinecrest

3

3

5396sq.ft

Cap rate

1.08%

Occupancy rate

38.00%

property

+ Revenue Estimate

$540,000

106 Cranberry Drive

Camelot, Greenwood, Pinecrest

5

3

2183sq.ft

Cap rate

7.40%

Occupancy rate

37.00%

property

+ Revenue Estimate

$489,000

46 Driftwood Drive

Camelot, Greenwood, Pinecrest

4

4

2884sq.ft

Cap rate

0.94%

Occupancy rate

26.00%