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Clarks Summit 18411
111 Fairview Avenue
$290,000
● House - Off Market

111 Fairview Avenue

Clarks Summit, PA 18411
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,192 Ft²
$1,730
Est. Monthly
25.63%
Cap Rate

About This Property

Deceivingly spacious 5 bedroom home, convenient location with ample paved parking.Each floor has a full bath. The family room has a large brick faced fireplace. Stainless steel appliances are included.
Unit Size
2,192 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$132
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (GSBR #GSBSC661)

Price History

Date / Event Date Event Price
Mar 14, 2024 Sold
Premium
Sold
Jan 15, 2024 Listed by NASSER REAL ESTATE, INC. $290,000
Listed by NASSER REAL ESTATE, INC.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANSDOWE PARK
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Abington Heights School District
  • School Tax School District: ABINGTON HGHTS
  • Census Tract: 110500

Geography

  • District: 080
  • Parcel: 1000802001600
  • Block: 930
  • Lot: 150
  • Municipality: CLARKS SUMMIT BOROUGH
  • Latitude: 41.4904
  • Longitude: -75.6964

    Address

  • Full Address: 111 Fairview Ave
  • Address - House Number: 111
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Clarks Summit
  • Carrier Code: C001
  • 4-Digit Zip Code: 1711
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,414

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 287,923
  • High Value: 335,927
  • Low Value: 239,920

    Market Valuation

  • Market Total Value: $16,000
  • Market Land Value: $1,500
  • Market Improvement Value: $14,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,000
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $14,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2024
  • Current Sale Recording Date: Mar 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3546
  • Previous Sale Recording Date: Jun 16, 1989
  • Previous Sale Contract Date: Jun 16, 1989
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Clarks Summit

Stats & Trends

Median Asking:

$334,900

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2144 ft²

Average Home Age

72.7 years

Currently For Sale

17 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GSBR

Listed by: Jim Nasser
NASSER REAL ESTATE, INC.
Last Updated: 3 years ago
Data Source: GSBR , MLS#
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 111 Fairview Avenue built and last sold?
The property at 111 Fairview Avenue was built in and last sold on Mar 14, 2024 for $290,000.
How much is this home worth?
The estimated value of the home located at 111 Fairview Avenue is $293,313.
What are some comparable homes to 111 Fairview Avenue?
There are currently no comparable homes to 111 Fairview Avenue.
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