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The Hideout 18436
2280 Ridgeview Drive
$123,600
● House - Off Market

2280 Ridgeview Drive

Lake Ariel, PA 18436
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,542 Ft²
$253,560
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Unique private setting...Adorable country dream house. Lots of sunlight and plenty of decks. Seasonal views of Brooks Lake. Fully furnished., Baths: 1 Bath Lev 1,1 Half Lev 2, Beds: 1 Bed 1st,1 Bed 2nd,Mstr 2nd, SqFt Fin - Main: 1146.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Semi-Modern Kitchen: Y, Sewer Comm Central: Y, SqFt Fin - 2nd: 396.00
Unit Size
1,542 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$84
Property Type
House
Property Taxes
$187
HOA Dues
$131
Year Built
1972

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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 #GSB13324)

Price History

Date / Event Date Event Price
Jun 28, 2019 Sold
Premium
Sold
Jun 22, 2019 No longer available -
No longer available
Apr 8, 2019 Listed by RE/MAX Best $124,900
Listed by RE/MAX Best
Nov 25, 2013 Sold
Premium
Sold
Jan 27, 2013 Listed by RE/MAX Best $130,000
Listed by RE/MAX Best
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • 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: 16,596
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000381
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: LOT 2280 SECTION 20

Neighborhood

  • School District Name: Western Wayne School District
  • School Tax School District: W WAYNE SD
  • Census Tract: 961002

Geography

  • Assessors Map Reference: P-0005/0072
  • Account Number: 043097
  • Section: 20
  • Parcel: 12-0-0027-0077
  • Lot: 2280
  • Municipality: LAKE
  • Latitude: 41.4389
  • Longitude: -75.3591

    Address

  • Full Address: 2280 Ridgeview Dr
  • Address - House Number: 2280
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Lake Ariel
  • Zip Code: 18436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $299,960

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 61
  • Final Value: 179,446
  • High Value: 214,150
  • Low Value: 144,741

    Market Valuation

  • Market Total Value: $137,700
  • Market Land Value: $33,900
  • Market Improvement Value: $103,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,700
  • Assessed Land Value: $33,900
  • Assessed Improvements Value: $103,800

    Sales

  • Current Sale Contract Date: Jun 12, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201900003905
  • Previous Sale Recording Date: Nov 25, 2013
  • Previous Sale Contract Date: Oct 24, 2013
  • Previous Sale Amount: $123,600
  • 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 The Hideout

Stats & Trends

Median Asking:

$307,500

Sale Price/ft²

$169

Below Asking

0.05%

Average Days on Market

107

Average Home Size

2237 ft²

Average Home Age

27.6 years

Currently For Sale

7 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

Rentals Near You

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GSBR

Listed by: Beth Hubbard
RE/MAX Best
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 2280 Ridgeview Drive built and last sold?
The property at 2280 Ridgeview Drive was built in 1972 and last sold on Jun 12, 2019 for $122,000.
How much is this home worth?
The estimated value of the home located at 2280 Ridgeview Drive is $0.
What are some comparable homes to 2280 Ridgeview Drive?
There are currently no comparable homes to 2280 Ridgeview Drive.
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