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Lackawanna 18411
1673 Forest Acre Drive
$435,000
● House - Off Market

1673 Forest Acre Drive

Clarks Summit, PA 18411
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,550 Ft²
$784,479
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

Beautiful contemporary with large indoor pool on 15 Acres affording you Privacy and other options.Hardwood Floors.Beautiful Stone Fireplace.Small loft area off master bedroom. Built-ins in Living Room. Wet Bar off of thePool Area. Great Entertainment home., SqFt Fin - Main: 2400.00, SqFt Fin - 3rd: 0.00, SqFt Fin - 2nd: 750.00
Unit Size
3,550 Ft²
Days on Market
-
Land Size
15.70 acres
Price per sqft
$130
Property Type
House
Property Taxes
$806
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 #GSB063145)

Price History

Date / Event Date Event Price
Mar 19, 2007 Sold
Premium
Sold
Jun 5, 2006 Listed by REALTY NETWORK GROUP $459,900
Listed by REALTY NETWORK GROUP

Property Highlights

Air Conditioning
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: 696,960
  • 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
  • Land Acres: 0000016000
  • 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: 112400

Geography

  • District: 270
  • Parcel: 12102050002
  • Block: 170
  • Lot: 160
  • Municipality: NEWTON TOWNSHIP
  • Latitude: 41.4606
  • Longitude: -75.7322

    Address

  • Full Address: 1673 Forest Acres Dr
  • Address - House Number: 1673
  • Address - Street Name: Forest Acres
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Clarks Summit
  • Carrier Code: R008
  • 4-Digit Zip Code: 9526
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,708,585

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 1,231,940
  • High Value: 1,431,149
  • Low Value: 1,032,730

    Market Valuation

  • Market Total Value: $85,000
  • Market Land Value: $5,000
  • Market Improvement Value: $80,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $80,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 16, 2007
  • Current Sale Recording Date: Mar 19, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 200706768
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

Nearby Rentals

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GSBR

Listed by: Alice L Vanston
REALTY NETWORK GROUP
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 1673 Forest Acres Drive built and last sold?
The property at 1673 Forest Acres Drive was built in and last sold on Mar 16, 2007 for $435,000.
How much is this home worth?
The estimated value of the home located at 1673 Forest Acres Drive is $466,783.
What are some comparable homes to 1673 Forest Acres Drive?
There are currently no comparable homes to 1673 Forest Acres Drive.
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