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Scranton 18508 Tripp's Park
1401 Return Avenue
$215,000
● House - Off Market

1401 Return Avenue

Scranton, PA 18508
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,739 Ft²
$1,367
Est. Monthly
9.67%
Cap Rate

About This Property

**MULTIPLE OFFERS- NO MORE SHOWINGS Meticulously maintained 3 bed/ 2 bath Ranch with finished office space in lower level. HARDWOOD FLOORS throughout and CENTRAL HEAT/AC!  Basement is completely dry and useful or finishing or storage. Countless updates over the last few years incuding siding, roof, windows. This is a corner lot with fruit trees and beautiful landscaping.
Unit Size
1,739 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$124
Property Type
House
Property Taxes
$311
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: 2 years ago (GSBR #GSBSC254054)

Price History

Date / Event Date Event Price
Oct 6, 2025 Sold
Premium
Sold
Aug 20, 2025 In contract -
In contract
Aug 13, 2025 Listed by Keller Williams RE Stroudsburg $215,000
Listed by Keller Williams RE Stroudsburg
Dec 27, 2016 Sold
Premium
Sold
Jul 26, 2016 Listed by Keller Williams RE Stroudsburg $99,000
Listed by Keller Williams RE Stroudsburg

Property Highlights

Parking Available
Air Conditioning

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: 5,500
  • Lot Size Depth Feet: 550
  • Lot Size Frontage Feet: 1,000
  • 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: ROBINSON PLOT
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Scranton School District
  • School Tax School District: SCRANTON CITY
  • Census Tract: 101800

Geography

  • District: 340
  • Parcel: 13411020029
  • Block: 75
  • Lot: 26
  • Municipality: SCRANTON CITY
  • Latitude: 41.4367
  • Longitude: -75.6706

    Address

  • Full Address: 1401 Return Ave
  • Address - House Number: 1401
  • Address - Street Name: Return
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Scranton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1747
  • Zip Code: 18508

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $340,105

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 120,229
  • High Value: 139,670
  • Low Value: 100,787

    Market Valuation

  • Market Total Value: $12,000
  • Market Land Value: $1,250
  • Market Improvement Value: $10,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $1,250
  • Assessed Improvements Value: $10,750

    Sales

  • Current Sale Contract Date: Dec 02, 2016
  • Current Sale Recording Date: Dec 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201620946
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 Tripp's Park

Stats & Trends

Median Asking:

$200,000

Sale Price/ft²

$124

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2032 ft²

Average Home Age

91.9 years

Currently For Sale

11 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 438 Penn Avenue, Central City, PA, 18503

$1,950 /mo

  • 2 Beds
  • 2 Baths
  • 915 ft²
438 Penn Avenue #211, Central City, PA, 18503 Listing by Leah Gianacopoulos
Unit for rent at 1922 Lafayette Street, South Scranton, PA, 18504

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,585 ft²
1922 Lafayette Street, South Scranton, PA, 18504 Listing by Casey Connor

Rentals Near You

Click here to view more rentals in the neighborhood.
GSBR

Listed by: Chelsea Aleksich
Keller Williams RE Stroudsburg
Last Updated: 2 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 1401 Return Avenue built and last sold?
The property at 1401 Return Avenue was built in and last sold on Dec 2, 2016 for $89,000.
How much is this home worth?
The estimated value of the home located at 1401 Return Avenue is $210,886.
What are some comparable homes to 1401 Return Avenue?
There are currently no comparable homes to 1401 Return Avenue.
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