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Wyoming 18446
226 Lake Road
$324,900
● House - Off Market

226 Lake Road

Nicholson, PA 18446
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,700 Ft²
$409,398
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

LAKE FRONT year round home.  3 bedrooms (1 can be an office). 2 baths.  Remodeled in 1982 & addition in 1987! Large Family rm with wood burning stone fireplace. Spacious 2 tier deck overlooking the lake. Large dock to sun and dock your boat., Baths: 1 Bath Lev 1,1 Bath Lev 2, Beds: 2+ Bed 1st,1 Bed 2nd, SqFt Fin - Main: 2406.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Dining Area: Y, Modern Kitchen: Y, SqFt Fin - 2nd: 294.00, Additional Info: The lake is down for the winter so that the ice will not damage the docks.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$130
Property Type
House
Property Taxes
$309
HOA Dues
$38
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 #GSB205103)

Price History

Date / Event Date Event Price
Jun 10, 2021 Sold
Premium
Sold
Dec 1, 2020 Listed by CLASSIC PROPERTIES $349,900
Listed by CLASSIC PROPERTIES

Property Highlights

Parking Available
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: 6,935
  • 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: 0000000159
  • Standard Land Use Code: 1001

Neighborhood

  • School District Name: Lackawanna Trail School District
  • School Tax School District: LACKAWANNA TRL
  • Census Tract: 400300

Geography

  • Assessors Map Reference: MAP 78.2
  • District: 17
  • Parcel: 17-078.2-056-00-00-00
  • Municipality: NICHOLSON TOWNSHIP
  • Latitude: 41.5969
  • Longitude: -75.7592

    Address

  • Full Address: 226 Lake Rd
  • Address - House Number: 226
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Nicholson
  • Carrier Code: R002
  • 4-Digit Zip Code: 8106
  • Zip Code: 18446

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,055

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 321,807
  • High Value: 387,300
  • Low Value: 256,315

    Market Valuation

  • Market Total Value: $61,650
  • Market Land Value: $4,040
  • Market Improvement Value: $57,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,825
  • Assessed Land Value: $2,020
  • Assessed Improvements Value: $28,805

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 26
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 Wyoming

Stats & Trends

Median Asking:

$279,450

Sale Price/ft²

$144

Below Asking

0.03%

Average Days on Market

63

Average Home Size

2321 ft²

Average Home Age

63.2 years

Currently For Sale

36 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 90 Lake Kewanee Road, Benton Twp, PA, 18419

$1,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,584 ft²
90 Lake Kewanee Road, Benton Twp, PA, 18419 Listing by Jessica Dutter

Rentals Near You

Click here to view more rentals in the neighborhood.
GSBR

Listed by: Carol L Chisdak
CLASSIC 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 226 Lake Road built and last sold?
The property at 226 Lake Road was built in and last sold on Jun 10, 2021 for $324,900.
How much is this home worth?
The estimated value of the home located at 226 Lake Road is $0.
What are some comparable homes to 226 Lake Road?
There are currently no comparable homes to 226 Lake Road.
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