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4719 Norwood Lane

Tobyhanna, PA 18466

3

3

1,815 Sq.Ft.

Single Family Residential

$267,000

Year Built

1983

Price per sq.ft

$147

''Property is under contract and may accept back up offers only''. BEAUTIFULLY RENOVATED with CUSTOM KITCHEN, 3 FULL CUSTOM BATHROOMS, LIVING ROOM & FAMILY ROOM with 2nd KITCHENETTE. TONS OF NATURAL LIGHT. Enjoy hot summer nights on this HUGE WRAPPED AROUND DECK or cuddle up by the WOOD STOVE after night at the slopes. Tons of room for everyone with In-law Quarters. PERFECT for Short term rental investment or permanent home. Time to start making memories. Check with local authorities regarding the STR requirements. House located in an amenity filled community. Close to Rt 80, shopping, Mt. Airy Casino, minutes away from water parks: Kalahari Resort, Camelbeach, Aquatopia. Buyers are responsible to do their own due diligence for short-term rentals.

Property Investment Potential

Short-term rental strategy

Cap Rate

4.71%

Avg monthly income

$2,416

Expenses

$311

Long-term rental strategy

Optimal strategy

Cap Rate

6.5%

Avg monthly income

$2,267

Expenses

$110

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