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Lackawanna 18419
16522 State Rte 407
$400,000
● House - Off Market

16522 State Rte 407

Dalton, PA 18446
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,650 Ft²
$668,840
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

105 acre farm near the Dalton/Nicholson border and very close to Bayolor's Lake. Large Barn (built in 2002), pond, 3 total parcels., Baths: 1 Bath Lev 2, Beds: 2+ Bed 2nd, SqFt Fin - Main: 825.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Formal Dining Room: Y, SqFt Fin - 2nd: 825.00, Additional Info: Pre approval or POF required prior to showing request. All co-vid forms required prior to showing.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
105.00 acres
Price per sqft
$333
Property Type
House
Property Taxes
$604
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 #GSB203655)

Price History

Date / Event Date Event Price
Mar 29, 2021 Sold
Premium
Sold
Sep 8, 2020 Listed by NASSER REAL ESTATE, INC. $550,000
Listed by NASSER REAL ESTATE, INC.
Jun 23, 2020 Sold
Premium
Sold

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: 4,486,680
  • 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: A
  • Land Acres: 0000103000
  • Standard Land Use Code: 7000
  • County Land Use Code: 005

Neighborhood

  • School District Name: Lackawanna Trail School District
  • School Tax School District: LACKAWANNA TRL
  • Census Tract: 032901

Geography

  • District: 030
  • Parcel: 01903030001
  • Block: 9
  • Lot: 11
  • Municipality: BENTON TOWNSHIP
  • Latitude: 41.617
  • Longitude: -75.7098

    Address

  • Full Address: 16522 Sr 407
  • Address - House Number: 16522
  • Address - Street Name: Sr 407
  • State: PA
  • City Name: Nicholson
  • Carrier Code: R001
  • 4-Digit Zip Code: 7417
  • Zip Code: 18446

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $759,848

    Market Valuation

  • Market Total Value: $29,728
  • Market Land Value: $7,000
  • Market Improvement Value: $22,728

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,728
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $22,728

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202106574
  • Previous Sale Recording Date: Jun 23, 2020
  • Previous Sale Contract Date: Jun 19, 2020
  • Previous Sale Amount: $1,168
  • Previous Sale Document Type: 64
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 Lackawanna

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2310 ft²

Average Home Age

76.3 years

Currently For Sale

499 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

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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 16522 State Rte 407 built and last sold?
The property at 16522 State Rte 407 was built in and last sold on Mar 15, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 16522 State Rte 407 is $526,271.
What are some comparable homes to 16522 State Rte 407?
There are currently no comparable homes to 16522 State Rte 407.
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