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Lackawanna 18411
1678 Summit Lake Road
$228,000
● House - Off Market

1678 Summit Lake Road

Clarks Summit, PA 18411
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,645 Ft²
$1,331
Est. Monthly
7.31%
Cap Rate

About This Property

*****HIGHEST AND BEST OFFERS DUE BY FEB. 27, 10AM******Nestled in a serene setting, this charming 3-bedroom bilevel home offers a unique layout with all bedrooms located on the third floor, along with a full bath. The main floor features a spacious family room, perfect for relaxing or entertaining guests. Step outside to the rear yard, where an  inground pool awaits.  With its convenient layout and enticing outdoor space, this home is sure to charm you at every turn
Unit Size
1,645 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$139
Property Type
House
Property Taxes
$211
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 #GSBSC1173)

Price History

Date / Event Date Event Price
May 6, 2024 Sold
Premium
Sold
Mar 4, 2024 In contract -
In contract
Feb 22, 2024 Listed by Coldwell Banker Town & Country Properties Moscow $228,000
Listed by Coldwell Banker Town & Country Properties Moscow

Property Highlights

Garage

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: 17,418
  • Lot Size Depth Feet: 2,000
  • 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: GREEN ACRES
  • Land Acres: 0000000399
  • 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: 12102050022
  • Block: 70
  • Lot: 80
  • Municipality: NEWTON TOWNSHIP
  • Latitude: 41.4596
  • Longitude: -75.7285

    Address

  • Full Address: 1678 Summit Lake Rd
  • Address - House Number: 1678
  • Address - Street Name: Summit Lake
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Clarks Summit
  • Carrier Code: R008
  • 4-Digit Zip Code: 9592
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $245,231

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 274,497
  • High Value: 343,645
  • Low Value: 205,349

    Market Valuation

  • Market Total Value: $12,200
  • Market Land Value: $2,200
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,200
  • Assessed Land Value: $2,200
  • Assessed Improvements Value: $10,000

    Exemptions

  • Homeowner Exemption: Yes
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

2319 ft²

Average Home Age

76.2 years

Currently For Sale

492 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: Heather L Kishel
Coldwell Banker Town & Country Properties Moscow
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 1678 Summit Lake Road built and last sold?
The property at 1678 Summit Lake Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1678 Summit Lake Road is $0.
What are some comparable homes to 1678 Summit Lake Road?
There are currently no comparable homes to 1678 Summit Lake Road.
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