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Off-Market

2209 Linden Ln

East Stroudsburg, PA 18302, USA

List price

$105,000

2

beds

1

baths

576

sq ft

1968-01-02

built

Single Family

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Story

**This property is under contract for direct purchase by OfferMarket. Confidential Deal Overview, Not For Re-Distribution**

Summary:

Deal structure:

  • Purchase Price: $105,000
  • Closing costs: paid by buyer
  • Title company: Blueprint Title
  • Close by: 3-15-2021
  • Inspection:
  • Contingency: AS IS, right to terminate
  • Deadline: 2-21-2021
  • Financing:
  • LTV: 80%
  • Interest rate: 4.5%
  • conventional (investment property)
  • Property management: OfferMarket

Nearby attractions:

  • Shawnee Mountain Ski Area (14 min, 6.5 miles)
  • East Stroudsburg University of Pennsylvania (15 min, 7.9 miles)
  • Camelback Mountain Resort (28 min, 19.8 miles)
  • Big Boulder Mountain (40 min, 33.9 miles)
  • Delaware Water Gap, PA (17 min, 8.3 miles)
  • Allentown, PA (59 min, 49.2 miles)
  • Bethlehem, PA (54 min, 43.6 miles)
  • Scranton, PA (1 hr 1 min, 55.0 miles)
  • Wilkes-Barre, PA (1 hr 12 min, 55.1 miles)
  • Manhattan, NY (1 hr 37 min, 88.4 miles)

Property details

20 details the seller has shared

20 details

Property

· The bones — what the buyer sees first

Bedrooms

2

Full baths

1

Finished sq ft

576 sq ft

Above-grade sq ft

576 sq ft

Below-grade finished sq ft

0 sq ft

Year built

1968

Stories

1

Units

1

Property type

Single Family

Occupancy

Rental Property

Condition (1–5)

5

Neighborhood

Middle Smithfield Township

County

Monroe County

Financials

· What it earns and what it costs to hold

ARV (after repair)

$125,000

Tax-assessed value

$22,390

Property tax rate

0.76%

Cap rate

10.5%

Cash-on-cash return

21.9%

Monthly cash flow

$570 /mo

History & terms

· Past sales, updates, and deal mechanics

Year renovated

2020

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