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482 Alter Avenue
Pocono Summit, PA 18346
3
1
1,056 Sq.Ft.
Single Family Residential
$310,000
Year Built
1977
Price per sq.ft
$294
Discover this exquisitely adorned ranch-style gem nestled in the delightful Stillwater Lakes Community. Boasting three bedrooms and one bathroom, this home showcases an inviting open-concept design, complete with a delightful wood-burning fireplace for enhanced coziness. Step into the backyard oasis and bask in the tranquil melody of the nearby creek. Moreover, indulge in the array of exceptional amenities offered by the community. Investors, seize this opportunity that promises not to disappoint!
Property Investment Potential
Short-term rental strategy
Optimal strategyCap Rate
8.34%
Avg. Monthly Income
$3,874
Expenses
$342
Long-term rental strategy
Cap Rate
4.3%
Avg. Monthly Income
$1,881
Expenses
$107
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Comparables
+ Revenue Estimate
$370,000
1191 Chickadee Drive
Stillwater Estates and Lakes Civic Assn
4
3
2056sq.ft
Cap rate
6.40%
Occupancy rate
38.00%
+ Revenue Estimate
$310,000
482 Alter Avenue
Stillwater Estates and Lakes Civic Assn
3
1
1056sq.ft
Cap rate
8.34%
Occupancy rate
49.00%
+ Revenue Estimate
$329,900
323 Sidney Avenue
Stillwater Estates and Lakes Civic Assn
3
2
1994sq.ft
Cap rate
6.81%
Occupancy rate
49.00%
+ Revenue Estimate
$440,000
3137 Fern Road
Stillwater Estates and Lakes Civic Assn
5
3
2350sq.ft
Cap rate
8.44%
Occupancy rate
40.00%
