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Old Forge 18518
1262 Mine
$23,500
● Land - Off Market

1262 Mine

Old Forge, PA 18518
bedrooms
Studio
bathrooms
0 Bath
$84,488
RealtyHop Estimate
142.09%
Since Feb 1, 2003
National-US
Primary Model

About This Property

JUST WHAT YOU HAVE BEEN LOOKING FOR....LEVEL CLEARED LOT IN OLD FORGE....50X156...WATER AND SEWER AVAILABLE (HOOK-UP TO WATER LINE ALREADY PAID FOR AT THE BOROUGH BUILDING) MOBILE ON FOUNDATION MAY BE POSSIBLE, CHECK WITH BOROUGH ........
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$17
HOA Dues
-
Year Built
-

Payment Calculator

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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 #GSB026515)

Price History

Date / Event Date Event Price
Feb 1, 2016 Sold
Premium
Sold
Aug 11, 2015 Listed by NASSER REAL ESTATE, INC. $199,999
Listed by NASSER REAL ESTATE, INC.
Jul 2, 2009 Sold
Premium
Sold
Apr 28, 2009 Listed by ERA One Source Realty $189,900
Listed by ERA One Source Realty
Tastefully deocrated 3 bedroom, 2 1/2 bath home. Oak kitchen, flowing floor plan, first floor laundry, office, lots of closets and vinyl fencing surrounding the back yard. Pellet stove for additional heating source., Baths: 1 Half Lev 1,2+ Bath Lev 2, Beds: 2+ Bed 2nd, SqFt Fin - Main: 925.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Formal Dining Room: Y, SqFt Fin - 2nd: 925.00, Additional Info: Some furniture available for sale.
Jan 8, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

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: 7,921
  • Lot Size Depth Feet: 1,590
  • 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: AUSTIN HEIGHTS
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Old Forge School District
  • School Tax School District: OLD FORGE
  • Census Tract: 112600

Geography

  • District: 290
  • Parcel: 16518010022
  • Block: 160
  • Lot: 60
  • Municipality: OLD FORGE BOROUGH
  • Latitude: 41.3818
  • Longitude: -75.7491

    Address

  • Full Address: 1262 Mine St
  • Address - House Number: 1262
  • Address - Street Name: Mine
  • Address - Suffix Type: St
  • State: PA
  • City Name: Old Forge
  • Carrier Code: C038
  • 4-Digit Zip Code: 1111
  • Zip Code: 18518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $265,987

    Appraisal Valuation

  • Standard Deviation: 0.2567
  • Valuation Date: May 31, 2023
  • Confidence Score: 63
  • Final Value: 237,778
  • High Value: 298,827
  • Low Value: 176,730

    Market Valuation

  • Market Total Value: $11,500
  • Market Land Value: $1,500
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,500
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $10,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2016
  • Current Sale Recording Date: Feb 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201601340
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 Old Forge

Stats & Trends

Median Asking:

$230,000

Sale Price/ft²

$127

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1819 ft²

Average Home Age

70 years

Currently For Sale

14 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

Unit for rent at 147 2nd Street, Old Forge, PA, 18518

$1,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,170 ft²
147 2nd Street, Old Forge, PA, 18518 Listing by WILLIAM A LESNIAK
Unit for rent at 120 Moosic Road, Old Forge, PA, 18518

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
120 Moosic Road, Old Forge, PA, 18518 Listing by Cat Ozovek

Rentals Near You

Click here to view more rentals in the neighborhood.
GSBR

Listed by: Shirley Simon
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 1262 Mine Street built and last sold?
The property at 1262 Mine Street was built in and last sold on Jan 29, 2016 for $188,500.
How much is this home worth?
The estimated value of the home located at 1262 Mine Street is $0.
What are some comparable homes to 1262 Mine Street?
There are currently no comparable homes to 1262 Mine Street.
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