Lakeside Retreat on 17.5
2101 Lakeside Drive Tobyhanna, PA 18466
2101 Lakeside Drive, Tobyhanna, PA, 18466
$1,200,000
For Sale
$1,200,000
MULTI_FAMILY - Other - Tobyhanna, PA
Property Size6,180 SF
Lot Size17.48 Acres
Price / SF$194.17
Days on Market174
Property Features for 2101 Lakeside Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 5
- Rooms
- Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 8, Bathroom 2, Basement, Bedroom 1, Bathroom 1
- Parking
- 16
- Patio and Porch features
- Deck
- Interior features
- Ceiling Fan(s)
- Exterior features
- Fire Pit, Private Yard
- Fireplace
- 1
- Basement
- Unfinished, Full
- Appliances
- Electric Oven, Electric Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer
- Standard status
- Active
- APN
- 03.11.1.1
- Size
- 6,180 SF
- Lot size
- 17.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8577
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Baseboard, Radiant, Oil
- Cooling system
- Ceiling Fan(s)
- Water source
- Well
Building Details
- Year built
- 1905
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood, Carpet, Tile - Ceramic
- Building materials
- Stone, Vinyl Siding
- Roof type
- Asphalt, Fiberglass
- Architectural style
- Other
- Additional Structures
- Residence
Listing Agency
Iron Valley Real Estate - Mountainside
(570) 243-1999
3286 Route 940, Mount Pocono, PA
Listed by
Joseph J Salerno
(570) 243-1999
Added: Jan 25 Checked: Jul 18 at 2:06 pm
MLS# PM-139047
Listing URL
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This lakeside property spans nearly 17.5 acres and overlooks Millpond Lake, offering water views, direct waterfront access, and a private dock. The main farmhouse includes 4 bedrooms and 2 bathrooms, featuring a primary suite with a private bath. The eat-in kitchen, formal dining room, and living room with a fireplace provide living spaces. A four-season room offers panoramic lake views. A large deck is suited for outdoor activities. The second home on the property has 4 bedrooms and 2.5 bathrooms, a full kitchen, dining area, and living room. A private deck provides additional space. Located approximately 0.5 miles from Tobyhanna State Park and near Routes 611 and 380, the property allows convenient access. It is located 30 minutes from Scranton or Stroudsburg. The property is suited for a full-time residence, multi-generational living, or an income-producing investment.
Key Highlights
- Nearly 17.5‑acre lakeside property with views of Millpond Lake and direct waterfront access
- Private dock and private yard with a deck plus fire pit for outdoor entertaining
- Main farmhouse built in 1905 with 4 bedrooms and 2 bathrooms
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.6k | $16.92 |
| − Vacancy | −$3.9k | −$0.63 |
| EGI | $100.7k | $16.29 |
| − OpEx | −$45.3k | −$7.33 |
| NOI | $55.4k | $8.96 |
6,180 SF · lease $16.92/SF/yr · vacancy 3.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$791.2K
$692.3K – $923.1K
NOI $55,383 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,483 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Waterfront property with two homes and income potential.
Where is this single family property located?
The property is located at 2101 Lakeside Drive Tobyhanna, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Nearly 17.5‑acre lakeside property with views of Millpond Lake and direct waterfront access; Private dock and private yard with a deck plus fire pit for outdoor entertaining; Main farmhouse built in 1905 with 4 bedrooms and 2 bathrooms
