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482 Alter Avenue

Pocono Summit, PA 18346

3

1

2,096 Sq.Ft.

Single Family Residential

$310,000

Year Built

1977

Price per sq.ft

$148

Discover this beautifully updated ranch-style gem in the charming Stillwater Lakes Community. This three-bedroom, one-bathroom home features an inviting open-concept layout, highlighted by a cozy wood-burning fireplace. Step outside to the backyard oasis, where the soothing sounds of a nearby creek create a serene atmosphere. Enjoy the exceptional amenities the community has to offer. Recently repainted, with treated and refreshed decks, this home is an ideal opportunity for investors and homeowners alike—don't miss out!

Property Investment Potential

Short-term rental strategy

Cap Rate

2.66%

Avg. Monthly Income

$1,918

Expenses

N/A

Long-term rental strategy

Optimal strategy

Cap Rate

4.18%

Avg. Monthly Income

$1,846

Expenses

N/A

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Comparables

property

+ Revenue Estimate

$310,000

482 Alter Avenue

Stillwater Estates and Lakes Civic Assn

3

1

2096sq.ft

Cap rate

2.66%

Occupancy rate

26.00%

property

+ Revenue Estimate

$319,900

323 Sidney Avenue

Stillwater Estates and Lakes Civic Assn

3

2

2096sq.ft

Cap rate

1.60%

Occupancy rate

26.00%

property

+ Revenue Estimate

$249,900

2139 Freedom Way

Stillwater Estates and Lakes Civic Assn

3

1

2096sq.ft

Cap rate

2.72%

Occupancy rate

26.00%

property

+ Revenue Estimate

$385,000

6322 Laurel Road

Stillwater Estates and Lakes Civic Assn

4

3

2096sq.ft

Cap rate

0.03%

Occupancy rate

15.00%