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Mount Pocono 18344
2 SUMMIT
$80,000
● House - Off Market

2 SUMMIT

Mt. Pocono, PA 18344
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,052 Ft²
$190,563
RealtyHop Estimate
124.46%
Since Oct 1, 2011
National-US
Primary Model

About This Property

2 story home. Seasonal lake views, Landscape and yard need to be finished. Can be a slammer home with your TLC. Minutes off I-84. Located Summit Pointe., Baths: 1 Half Lev 1,Modern,2+ Bath Lev 2, Beds: 2+ Bed 2nd, SqFt Fin - Main: 1127.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Dining Area: Y, SqFt Fin - 2nd: 925.00, Additional Info: Possible freeze damage. HOA fees apply and HOA transfer fee of 150.00 to buyer at close
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$41
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #GSB113764)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Premium
Sold
May 15, 2024 Listed by ERA One Source Realty $449,000
Listed by ERA One Source Realty
Discover the epitome of elegance in this immaculate Colonial home. The well-designed interior seamlessly combines modern and traditional elements, featuring a splendid kitchen with granite countertops, stainless steel appliances, and an oversized island. With four spacious bedrooms and 2.5 bathrooms, this residence offers both comfort and style. Enjoy the beauty of changing seasons with strolls around the community lake. Additional perks include a community pool, city water, and sewer, making this house a perfect blend of luxury and convenience. With close proximity to schools, stores, and parks, this home offers both comfort and convenience for a delightful living experience.
May 2, 2024 No longer available -
No longer available
Apr 17, 2024 Price Decreased $449,000
↓ $25K (5.3%)
Price Decreased
Apr 8, 2024 Price Decreased $474,000
↓ $20K (4.1%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 13
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 9
  • 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: 17,860
  • Total Building Area: 2,741
  • Building Area: 2,741
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 2,741
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMIT POINTE
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: LOT 62 SEC I

Neighborhood

  • School District Name: Pocono Mountain School District
  • School Tax School District: 10
  • Census Tract: 300203

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAP NO: 6355-14
  • Account Number: 10635514447571
  • District: 10
  • Parcel: 10.12A.1.82
  • Block: 44
  • Lot: 62
  • Municipality: MT POCONO
  • Latitude: 41.1151
  • Longitude: -75.3731

    Address

  • Full Address: 2 Summit Dr
  • Address - House Number: 2
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Mount Pocono
  • Carrier Code: C001
  • 4-Digit Zip Code: 1730
  • Zip Code: 18344

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $180,420

    Appraisal Valuation

  • Standard Deviation: 0.1112
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 502,359
  • High Value: 558,236
  • Low Value: 446,481

    Market Valuation

  • Market Total Value: $185,420
  • Market Land Value: $29,440
  • Market Improvement Value: $155,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,420
  • Assessed Land Value: $29,440
  • Assessed Improvements Value: $155,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 13, 2012
  • Current Sale Recording Date: Jan 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201201105
  • Previous Sale Recording Date: Sep 21, 2011
  • Previous Sale Contract Date: Sep 07, 2011
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 27
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 Mount Pocono

Stats & Trends

Median Asking:

$212,450

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2159 ft²

Average Home Age

48 years

Currently For Sale

5 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: Michael Kalteski
Coldwell Banker Town & Country Properties
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 2 Summit Drive built and last sold?
The property at 2 Summit Drive was built in 2001 and last sold on Jan 13, 2012 for $158,000.
How much is this home worth?
The estimated value of the home located at 2 Summit Drive is $427,365.
What are some comparable homes to 2 Summit Drive?
There are currently no comparable homes to 2 Summit Drive.
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