OFF MARKET PA, MONROE COUNTY LIKE NEW HOME - AIRBNB TURN KEY PROPERTY - AS GOOD AS IT GETS in Tobyhanna PA 18466

Monroe County, Tobyhanna, PA, 18466
Sold
Listed at: January 10th, 2024
Price
$290,000
ARV
$390,000
Gross Margin
$100,000
Sq. Footage
2824
Type
Single-Family
Parking
Attached Garage
Year build
2005
Lot size
0.27 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

7323 Mohican Lane,

Tobyhanna, PA 18466

**DREAM AIRBNB OPPORTUNITY!!*

** LOCATED IN POCONO RESORT & ATTRACTION AREA **

πŸ’°πŸ’°πŸ’°

SALE PRICE - 290K

ARV - 420K

REPAIRS - 15K

POFIT MARGINS - 95K

 

THIS PROPERTY WAS APPRAISED BY LENDER AND THE VALUE CAME IN AT 398K!!!!! THATS OVER 100K IN INSTANT EQUITY!!!

THIS PROPERTY CAN BE LISTED ON THE MARKET FOR PROFIT IN THE CURRENT CONDITION

TURNKEY AIR BNB BUSINESS! PAY DOWN EQUITY AND OWN A PROFITABLE BUSINESS!!

THE BEST INVESTMENT YOU WILL MAKE ALL YEAR

 

PRICE DROP PREVIOUS BUYER COULD NOT PERFORM AT CLOSING TABLE - NO ASSIGNMENT FEE JUST TRYING TO HELP THE SELLER AT THIS POINT

 

 

VIDEO TOUR LINK:

https://app.homejab.com/property/view/7323-mohican-ln-tobyhanna-pa-18466-usa

 

Investment Highlights:

πŸ“ Assignment Fee: NONE THE PREVIOUS BUYER COULD NOT PERFORM 

🏠 Property Type: Single-Family Home

πŸ›οΈ Bedrooms: 4

πŸ› Bathrooms: 3

πŸ“ Square Footage: Approximately 2,824 SqFt -- 0.27 acre lot

πŸ“Š ROI Potential: High

🏒 Rental Income: Attractive

πŸ“Œ Vacant

πŸ”Έ AIRBNB - Yes

πŸ”Έ Restrictions Against STR - None

πŸ”Έ Requirements for AIRBNB - Permit Required

πŸ“ Location: Tobyhanna, PA is a picturesque town nestled in the scenic Pocono Mountains. Offering a perfect blend of natural beauty and outdoor recreation. This charming area is an ideal place to call home, or escape for a getaway! Enjoy the tranquility of lush landscapes, indulge in outdoor activities such as hiking and fishing, skiing, snowboarding or explore charming local shops and dining options, and easily commute to nearby cities. With a diverse range of housing options, this property has something to suit every lifestyle in the best of small-town living in this enchanting Pocono Mountain community.

⚑ Very minimal repair necessary!

⚑ This property is the perfect place to unwind and create cherished memories, featuring a spacious, well thought out layout and captivating fireplace!

⚑Features a back Patio & large backyard space!

⚑ Only 14 minutes from Kalahari Indoor Waterpark

⚑ Only 20 minutes from CamelBack Ski Resort & Snow Tubing

⚑ Only 20 minutes from Pocono Premium Outlets

⚑ Potential Cash Flow Machine for Air BNB business!!

⚑ Flexibility to convert this property into many possibilities!!

Act quickly, as opportunities like this tend to be snatched up quickly!! Don't miss out on this incredible deal!!!

 

 

 

 

 

 

 

AIRDNA.CO

CURRENT EVALUATION:

AIRBNB DETAILS:

CURRENT SCORE - 71 - WITH A 100 SCORE OF INVESTABILITY

AVERAGE DAILY RATE - $404

OCCUPANCY RATE - 41%

PROJECTED REVENUE - 57K-64K PER YEAR

OPERATING EXPENSES - 15%-20% PER MONTH IN MANAGEMENT

 

EXPECTED REVENUE ACCORDING TO AIRDNA:

date AVERAGE revenue range

2024-Jan 4335 4042 - 4627

2024-Feb 4430 4231 - 4628

2024-Mar 4069 3873 - 4264

2024-Apr 4181 3874 - 4487

2024-May 3582 3294 - 3869

2024-Jun 4349 4082 - 4615

2024-Jul 7549 7158 - 7939

2024-Aug 7173 6893 - 7452

2024-Sep 4047 3698 - 4395

2024-Oct 4208 3745 - 4670

2024-Nov 4596 4201 - 4990

2024-Dec 5403 5043 - 5762

 

 

TOBYHANA AIR BNB ANUAL PROJECTION OVER LAST 2 YEARS:

date year revenue

2022-Jan 2022 94298

2022-Feb 2022 86982

2022-Mar 2022 83031

2022-Apr 2022 77350

2022-May 2022 71693

2022-Jun 2022 68188

2022-Jul 2022 66116

2022-Aug 2022 64452

2022-Sep 2022 64753

2022-Oct 2022 62217

2022-Nov 2022 60724

2022-Dec 2022 60862

2023-Jan 2023 60508

2023-Feb 2023 59220

2023-Mar 2023 58228

2023-Apr 2023 57913

2023-May 2023 57235

2023-Jun 2023 58429

2023-Jul 2023 57520

2023-Aug 2023 58117

2023-Sep 2023 57064

2023-Oct 2023 58257

2023-Nov 2023 58888

2023-Dec 2023 57922

 

SALES COMPS & DATES:

 

4231 Hickory Rd, Tobyhanna, PA 18466

3 Beds 2 Baths

2,056 sqft

$375,000

Sold On 09/08/23

 

6358 Cherokee Trl, Tobyhanna PA 18466

4 Beds, 3 Baths

2,588 sqft

$347,000

Sold On 11/08/23

 

1130 Seven Nations Dr, Tobyhanna PA 18466

6 Beds, 3 Bath

2,364 sqft

$350,000

Sold On 11/28/23

 

426 Glen Ridge Rd, Tobyhanna PA 18466

4 Beds, 3 Bath

1,808 sqft

$465,000

Sold On 07/14/23

 

3636 Cedar Ln, Tobyhanna PA 18466

4 Beds, 3 Bath

2,376 sqft

$360,000

Sold On 06/16/23

 

2106 Minqua Trl, Tobyhanna PA 18466

4 Beds, 2 Bath

2,136 sqft

$397,000

Sold On 06/16/23

 

6385 Cherokee Trl, Tobyhanna PA 18466

3 Beds, 2 Bath

2,028 sqft

$400,000

Sold On 10/11/23

 

ZILLOW RENTAL COMPS:

 

1488 Waterfront Dr, Tobyhanna PA 18466

4 beds, 2 Bath

2,000 SqFt

$2,900/month

House For Rent

 

2830 Fairhaven Dr, Tobyhanna, PA 18466

4 Beds, 2 Bath

2,000 SqFt

$2,250/month

House For Rent

 

908 Country Place Dr, Tobyhanna, PA 18466

4 Beds, 3 baths

2,257 SqFt

$2,300/month

House For Rent

 

1798 Otsego Ln, Tobyhanna PA 18466

3 Beds, 2.5 baths

$2,250/month

House For Rent

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jay Henriquez

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