3411 DREXEL ROAD
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed | $99,900 | |
| Listed | |||
| | |||
|
Prime 3.76-Acre Property in Tobyhanna - Ideal for Residential Development - Seize this incredible opportunity to own 3.76 acres of versatile land just 3 miles from Route 380 and 4 miles from the Mount Pocono shopping centers. Zoned R-2, this property allows for both single and multi-unit residential development, with additional possibilities subject to approval from the zoning officer. A large clearing remains from a former home, which was lost to fire, leaving behind a foundation and septic system—providing a head start for future construction. The property is also conveniently serviced by a public water source. Whether you're looking to build your dream home or a multi-unit investment property, this well-located parcel offers both convenience and potential. Don't miss this rare find in the heart of the Poconos! The Physical Address Is 3411 Drexel Road. The GPS Friendly Address Is 730 Memorial Blvd. Enter The Property From Drexel Road Only. Do Not Use Neighboring Road As That Is A Private Road.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017