$125,000
●
Condo -
Off Market
1501 Summit Pointe
Scranton, PA 18508
3 Beds
2 Baths
1,300 Ft²
$962
Est. Monthly
15.18%
Cap Rate
About This Property
Motivated seller and low maintenance living! Colorful, spacious and
bright 3 bedroom, 2 full bath condo with updated kitchen and modern
stately appliances. Newer windows and sliding door to deck.
Master bedroom with on suite bathroom. Large living room that opens
to deck and 1st floor grass/patio area. HOA $423/month, includes
water, sewer, garbage, exterior maintenance, grass/snow removal.
Natural gas forced hot air heating and CENTRAL AC! Plenty of
closet/storage space. Laundry in condo. Assigned parking spot.
Public areas include a playground, pergola, outdoor fitness, dog
park. Fourth bedroom was dining room but also can be office, den or
library. Can be sold furnished! Motivated Seller!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$108
Property Type
Condo
Property Taxes
$274
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 #GSBSC250755)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Relisted | $139,900 | |
| Relisted | |||
| May 26, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Price Decreased |
$139,900
↓ $4K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, Smart Home, Track Lighting, Recessed Lighting, Open Floorplan, Entrance Foyer
Appliances: Dishwasher, Refrigerator, Stainless Steel Appliance(s), Smart Appliance(s), Gas Range, Free-Standing Freezer, Dryer
Flooring Type: Carpet, Ceramic Tile
Door Features: Sliding Doors
Laundry Features: Laundry Room
Rooms: 6
Exterior Details
Has Property Attached
Square Footage: 1300
Property Condition: Updated/Remodeled
Architectural Style: Ranch
Year Built Source: Estimated
Year Built: 1976
Window Features: Blinds
Construction Materials: Brick
Patio and Porch Features: Deck, Enclosed
Lot Features: Landscaped
Lot Size Dimensions: CONDO
Water Source: Public
Financial Details
Tax Assessed Value: $12,500
Tax Annual Amount: $3,292
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2025
| |
3 Bed
|
2 Bath
|
1300 ft²
|
$159,500
3 Bed
2 Bath
1300 ft²
|
$125,000
-21.63%
06/27/2025
|
Judy Cerra
Berkshire Hathaway Home Services Preferred Properties
|
|
05/24/2022
| |
3 Bed
|
2 Bath
|
1300 ft²
|
$169,000
3 Bed
2 Bath
1300 ft²
|
$147,000
-13.02%
02/08/2023
|
Leah Gianacopoulos
ERA One Source Realty
|
Building Info
About Dickson City
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Listed by: Judy Cerra
Berkshire Hathaway Home Services Preferred Properties
Last Updated: 2 years ago
Data Source: GSBR , MLS#
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Berkshire Hathaway Home Services Preferred Properties
Last Updated: 2 years ago
Data Source: GSBR , MLS#
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