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Scranton 18504 Hyde Park
2101 Luzerne Street
$8,000
● Land - Off Market

2101 Luzerne Street

Scranton, PA 18504
bedrooms
Studio
bathrooms
0 Bath
$19,312
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Zoned light industrial. Many possibilities for this vacant, corner, level, building lot in West Scranton. Rectangular in shape. New water line recently installed on Luzerne St. Interested parties are advised to check with zoning for permitted uses prior to submitting offers., Tax Information: Available
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$41
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 #GSB12138)

Price History

Date / Event Date Event Price
Dec 8, 2022 Sold
Premium
Sold
Nov 20, 2022 No longer available -
No longer available
Sep 15, 2022 Price Decreased $8,900
↓ $1K (11%)
Price Decreased
Aug 24, 2022 Listed by C21 Jack Ruddy Real Estate $10,000
Listed by C21 Jack Ruddy Real Estate
Jun 10, 2022 Sold
Premium
Sold
Show More

Property Highlights

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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • 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: V
  • Land Acres: 0000000114
  • Standard Land Use Code: 8000
  • County Land Use Code: 001

Neighborhood

  • School District Name: Scranton School District
  • School Tax School District: SCRANTON CITY
  • Census Tract: 101900

Geography

  • District: 340
  • Parcel: 14420010006
  • Block: 380
  • Lot: 40
  • Municipality: SCRANTON CITY
  • Latitude: 41.4142
  • Longitude: -75.6969

    Address

  • Full Address: 2101 Luzerne St
  • Address - House Number: 2101
  • Address - Street Name: Luzerne
  • Address - Suffix Type: St
  • State: PA
  • City Name: Scranton
  • Carrier Code: C088
  • 4-Digit Zip Code: 2353
  • Zip Code: 18504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $84,420
  • Initial Tax Delinquent Year: 2015

    Market Valuation

  • Market Total Value: $1,851
  • Market Land Value: $1,851

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,851
  • Assessed Land Value: $1,851

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24085
  • Previous Sale Recording Date: Jun 10, 2022
  • Previous Sale Contract Date: May 24, 2022
  • Previous Sale Amount: $8,000
  • Previous Sale Document Type: 52
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 Hyde Park

Stats & Trends

Median Asking:

$202,500

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1939 ft²

Average Home Age

91.3 years

Currently For Sale

47 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

Unit for rent at 1012 Oxford Street, West Scranton, PA, 18504

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,501 ft²
1012 Oxford Street, West Scranton, PA, 18504 Listing by Sara Weiss

Rentals Near You

Click here to view more rentals in the neighborhood.
GSBR

Listed by: JOHN F PENDRAK
C21 Jack Ruddy Real Estate
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 2101 Luzerne Street built and last sold?
The property at 2101 Luzerne Street was built in and last sold on Nov 18, 2022 for $6,500.
How much is this home worth?
The estimated value of the home located at 2101 Luzerne Street is $8,989.
What are some comparable homes to 2101 Luzerne Street?
There are currently no comparable homes to 2101 Luzerne Street.
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