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5171 Hummingbird Drive

Pocono Summit, PA 18346

3

2

1,728 Sq.Ft.

Single Family Residential

$309,000

Year Built

1988

Price per sq.ft

$179

SELLERS MOTIVATED BRING YOUR OFFERS. Beautifully renovated 3 bedrooms, 2 full bath, split primary suite, raised ranch in prime location of Stillwater Lake Estates! Perfect mountain getaway, full time living, or AIRBNB friendly community with beautiful lake and private beach! Stunning brand new kitchen, granite counters, stainless steel appliances, mosaic backsplash, white shaker cabinets, modern tile flooring all centered around the spacious kitchen island. Bright open floor plan in living, kitchen & dining area. Lots updated- new bathrooms, matte black hardware & fixtures, fresh paint throughout, new vinyl plank flooring, new electrical, recessed lighting, & more. Extra living space unfinished basement with new mold resistant sheetrock, attached 2 car garage, sliding doors to back deck on 0.45 corner acre property! Easy access to all major highways & all Pocono Mountain attractions, minutes to Kalahari Resort, Camelback Resort, & so much more coming!

Property Investment Potential

Short-term rental strategy

Optimal strategy

Cap Rate

8%

Avg. Monthly Income

$3,874

Expenses

N/A

Long-term rental strategy

Cap Rate

4.18%

Avg. Monthly Income

$1,948

Expenses

N/A

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Comparables

property

+ 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%

property

+ Revenue Estimate

$319,900

323 Sidney Avenue

Stillwater Estates and Lakes Civic Assn

3

2

1994sq.ft

Cap rate

7.10%

Occupancy rate

49.00%

property

+ Revenue Estimate

$309,000

5171 Hummingbird Drive

Stillwater Estates and Lakes Civic Assn

3

2

1728sq.ft

Cap rate

8.00%

Occupancy rate

49.00%

property

+ Revenue Estimate

$409,900

6322 Laurel Road

Stillwater Estates and Lakes Civic Assn

4

3

4392sq.ft

Cap rate

6.03%

Occupancy rate

38.00%