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Clarks Summit 18411
225 Midway Avenue
$275,000
● House - Off Market

225 Midway Avenue

Clarks Summit, PA 18411
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,360 Ft²
$277,132
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Bring your buyers to see this true craftsman style house where the nostalgia of yesteryear meets the modern conveniences of today.  Sip your morning coffee on the front porch swing and enjoy this freshly renovated 3-bedroom 1.5-bathroom home. The original floors have all been refinished both upstairs and main level, new kitchen countertops and all new appliances and a new 1/2 bath and mudroom added to first floor all with a fenced in backyard. What once was a garage could be easily converted back to a garage or turned into a music or art studio., Baths: 1 Bath Lev 2,1 Half Lev 1, Beds: 2+ Bed 2nd, SqFt Fin - Main: 680.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Dining Area: Y, SqFt Fin - 2nd: 680.00, Additional Info: All measurements Approximate and not warranted or guaranteed.
Unit Size
1,360 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$202
Property Type
House
Property Taxes
$213
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 #GSB231059)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Mar 26, 2023 Listed by Lewith & Freeman RE, Inc. $275,000
Listed by Lewith & Freeman RE, Inc.
Sep 18, 2019 Sold
Premium
Sold
Jul 15, 2019 Listed by Lewith & Freeman RE, Inc. $139,500
Listed by Lewith & Freeman RE, Inc.

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: 10,800
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 720
  • 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: WOODLAWN PARK
  • Land Acres: 0000000247
  • 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: 110500

Geography

  • District: 080
  • Parcel: 1001002003500
  • Block: 42
  • Lot: 14
  • Municipality: CLARKS SUMMIT BOROUGH
  • Latitude: 41.4883
  • Longitude: -75.7095

    Address

  • Full Address: 225 Midway Ave
  • Address - House Number: 225
  • Address - Street Name: Midway
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Clarks Summit
  • Carrier Code: C002
  • 4-Digit Zip Code: 1917
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $256,174

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 78
  • Final Value: 265,718
  • High Value: 310,103
  • Low Value: 221,334

    Market Valuation

  • Market Total Value: $11,500
  • Market Land Value: $1,959
  • Market Improvement Value: $9,541

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,500
  • Assessed Land Value: $1,959
  • Assessed Improvements Value: $9,541

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7687
  • Previous Sale Recording Date: Sep 18, 2019
  • Previous Sale Contract Date: Sep 03, 2019
  • Previous Sale Amount: $140,550
  • 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 Clarks Summit

Stats & Trends

Median Asking:

$334,450

Sale Price/ft²

$179

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2102 ft²

Average Home Age

75.1 years

Currently For Sale

17 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 8 Briarwood Way, South Abington, PA, 18411

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,580 ft²
8 Briarwood Way, South Abington, PA, 18411 Listing by Antonia Castelli-Walsh

Rentals Near You

Click here to view more rentals in the neighborhood.
GSBR

Listed by: Karen Rozanski
Lewith & Freeman RE, 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 225 Midway Avenue built and last sold?
The property at 225 Midway Avenue was built in and last sold on May 24, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 225 Midway Avenue is $0.
What are some comparable homes to 225 Midway Avenue?
There are currently no comparable homes to 225 Midway Avenue.
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